Showing 21 - 30 of 66
Inflation target narrows
Business, Somruedi Banchongduang, Published on 25/12/2019
» The cabinet has approved the central bank's narrowed headline inflation target for next year to a range of 1-3% from this year's 1-4%, but this does not signal a change in monetary policy, says a senior official at the Bank of Thailand.
BBL offers L/C blockchain service
Business, Somruedi Banchongduang, Published on 05/11/2019
» Bangkok Bank (BBL) is set to roll out a blockchain-based letter of credit (L/C) service next month and aims for the innovative financial service to increase the bank's trade finance business.
KBank sets B50bn digital loan target
Business, Somruedi Banchongduang, Published on 03/10/2019
» Kasikornbank (KBank) aims to expand digital loans aggressively by 50 billion baht next year, mainly focusing on online merchants amid the high growth potential of the country's e-commerce business.
KBank teams up with Line
Business, Somruedi Banchongduang, Published on 19/09/2019
» Kasikornbank (KBank), the country's largest mobile banking service provider, plans to roll out money transfer, payment and deposit services on the Line platform in the first quarter of 2020, with digital lending scheduled for the second half of that year.
SCB aids SMEs in e-commerce
Business, Somruedi Banchongduang, Published on 31/05/2019
» Siam Commercial Bank (SCB) has expanded trade finance credit lines for small and medium-sized enterprises (SMEs), aiming to reap opportunities from cross-border e-commerce.
More Thais see cashless future
Business, Somruedi Banchongduang, Published on 04/04/2019
» Local consumers largely believe that Thailand will become a cashless society in the next seven years, as shown by improved prospects for cashless payment, says Visa Thailand.
Thais tapped for UOB's mobile-only bank
Business, Somruedi Banchongduang, Published on 02/03/2019
» Singapore-based UOB Group has picked Thailand as the first country in Asean for its mobile-only bank to tap millennials.
Digital payments on the rise
Business, Somruedi Banchongduang, Published on 15/02/2019
» The country's adoption of digital payments has recorded significant progress, up 83% in 2018 from 2016, while fund transfers through traditional channels -- branches and ATMs -- sank by a double-digit percentage.
BoT reduces local owner requirement for transfers
Business, Somruedi Banchongduang, Published on 01/02/2019
» The Bank of Thailand has eased qualifications for international money transfer operators to attract new players and increase competition, which in turn should lead to lower fees.
Banks predict loan spike on investment
Business, Somruedi Banchongduang, Published on 30/01/2019
» Thailand's accelerating private investment is expected to boost demand for project financing this year, according to senior bank executives.