Showing 11 - 20 of 23
Rumours of new fees raise concerns
Business, Somruedi Banchongduang, Published on 05/12/2018
» The chairman of the Thai Bankers' Association has rushed to soothe jitters, saying proposed fees for cash transactions have not been decided and are awaiting review by the central bank.
Survey finds 40% of farmers live under poverty line
Business, Somruedi Banchongduang, Published on 31/05/2018
» Some 40% of farming households are living below the poverty line, set at 32,000 baht a year, with the sector's low income and higher debt a drag on the country's economic growth, says the Bank of Thailand's Puey Ungphakorn Institute for Economic Research's (Pier) in a survey.
Survey: Young borrowers pose higher risk
Business, Somruedi Banchongduang, Published on 23/03/2018
» Credit card and auto loans secured by individual borrowers aged below 25 and those living in major cities pose a higher risk to asset quality, says the central bank's think tank.
PromptPay 'Y2 18' glitch delays cash transfers
News, Somruedi Banchongduang, Published on 01/01/2018
» Users of the national e-payments system, PromptPay, were left frustrated Sunday when computer glitches related to the formatting of the calendar changing to 2018 held their cash hostage for about eight hours.
Half of Thais can't carry on financially after retirement
Business, Somruedi Banchongduang, Published on 18/07/2017
» Half of the Thai population does not have enough savings for a comfortable post-retirement life as they are mired in high debt -- an alarming sign as the country moves towards an ageing society.
KBank: Inheritance tax advisory demand growing
Business, Somruedi Banchongduang, Published on 03/07/2017
» The government's implementation of the inheritance tax and its plan to impose new asset-based taxes have boosted demand for tax advisory services from the well-off, says a Kasikornbank (KBank) executive.
SCB will repay fraud victims
News, Somruedi Banchongduang, Published on 08/07/2017
» Siam Commercial Bank (SCB) will pay compensation to victims of the recent spate of skimming fraud at the bank's automatic teller machines (ATMs) while continuing to investigate the circumstances of the crime.
SAM arranging debt collection unit
Business, Somruedi Banchongduang, Published on 19/04/2017
» Sukhumvit Asset Management (SAM), a wholly owned bad-asset management firm under the Financial Institutions Development Fund, is seeking central bank approval to dip its toes into debt collection service for consumer loans.
PromptPay C2C transfer imminent
Business, Somruedi Banchongduang, Published on 23/01/2017
» PromptPay's consumer-to-consumer (C2C) electronic fund transfer service under the national e-payment scheme will kick off on Friday, after being pushed back days before its first big scheduled launch in October of last year.
All set for PromptPay
Business, Somruedi Banchongduang, Published on 28/12/2016
» After the lengthy testing process of PromptPay's consumer-to-consumer (C2C) service, a major bid to turn Thailand into digital payment mode, the money transfer service has been pushed back to further ensure its accuracy, stability and security. Originally slated for roll-out at the end of October, Predee Daochai, chairman of the Thai Bankers' Association (TBA), has confirmed that it is now scheduled for the first quarter of 2017.