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Search Result for “Laos”

Showing 31 - 40 of 164

BUSINESS

E-payment roadmap eyes cross-border as first order

Business, Somruedi Banchongduang, Published on 20/11/2019

» The national e-payment roadmap for 2020 prioritises cross-border payments and fund transfers, aiming to boost financial transactions via the digital platform across Asean and deepening integration of the regional bloc.

BUSINESS

Thai banking trio set to recapitalise Lao branches

Business, Somruedi Banchongduang, Published on 11/11/2019

» Three large Thai banks are recapitalising their branches in Laos to comply with the Bank of the Lao PDR's amended capital regulations for both local and foreign commercial banks to meet minimum requirements over the course of five years.

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BUSINESS

Panel urges further baht measures

Business, Somruedi Banchongduang, Published on 05/09/2019

» The private sector has made a renewed push for the central bank to contain the baht's rapid gain after a recent 25-basis-point cut of the policy rate had almost no effect on the local currency relative to regional peers.

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BUSINESS

Cashless movement picks up steam

Somruedi Banchongduang, Published on 01/08/2019

» Online payments are growing exponentially as banks and tech firms enter the segment

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BUSINESS

Cashless movement picks up steam

Business, Somruedi Banchongduang, Published on 01/08/2019

» While cash remains king in Thailand, dominating 90% of the country's total payment value, exponential growth in online payments after banks waived digital transaction fees and a consumer shift towards digital platforms suggest the notion of a cash-free society is gathering steam.

BUSINESS

Banks prepare MyPrompt QR to up security

Business, Somruedi Banchongduang, Published on 20/07/2019

» Five large commercial banks plan to adopt MyPrompt QR, a business-scan-consumer QR code payment system, from the fourth quarter of this year.

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BUSINESS

Facebook approaches BoT on Libra

Business, Somruedi Banchongduang, Published on 06/07/2019

» The Bank of Thailand will schedule a meeting with Facebook to discuss the social media giant's much-touted Libra cryptocurrency.

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BUSINESS

BBL offers QR payments in Japan

Business, Somruedi Banchongduang, Published on 18/03/2019

» Bangkok Bank (BBL) plans to start offering cross-border payments via standardised QR code in Japan later this month and aims to extend digital payment service across Asean in the next phase.

BUSINESS

BAY sets low bar for non-interest income

Business, Somruedi Banchongduang, Published on 06/02/2019

» Bank of Ayudhya (BAY) set a slower non-interest income growth target, in a range of 3-5% this year from 7.2% last year, based on the lingering impacts of the digital transaction fee waiver and regulations on market conduct and debt collection.

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BUSINESS

BoT signs QR pact with Cambodia

Business, Somruedi Banchongduang, Published on 05/02/2019

» The Bank of Thailand has signed a memorandum of understanding (MoU) for cooperation on a pilot project to develop interoperability of standard QR payment with the National Bank of Cambodia.