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BUSINESS

JCB targets wealthy Thai credit card customers

Business, Somruedi Banchongduang, Published on 03/12/2025

» JCB International (Thailand), the local unit of the Japan-based global card network, aims to grow its upper-income customer segment over three years to increase spending by Thai cardholders.

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BUSINESS

Banks step up monitoring of grey money

Business, Somruedi Banchongduang, Published on 06/11/2025

» Banks pledge to maintain stringent monitoring and investigations of grey money transactions, in compliance with the Bank of Thailand's heightened measures.

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BUSINESS

Bangkok Bank, MIT aid SMEs and farmers

Business, Somruedi Banchongduang, Published on 03/11/2025

» Bangkok Bank (BBL) is partnering with the Massachusetts Institute of Technology (MIT), a well-known educational institution, to bring the power of artificial intelligence (AI) and digital innovation to Thai small and medium-sized enterprises (SMEs) and the agricultural sector.

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BUSINESS

47% of Thais hit by financial fraudsters

Business, Somruedi Banchongduang, Published on 26/09/2025

» Scammers can access up to 73% of Thais, with 47% already falling victim to financial fraud, yet most victims remain silent after being scammed, according to a study by Chulalongkorn University.

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BUSINESS

Innocent victims of the mule crackdown

Business, Somruedi Banchongduang, Published on 22/09/2025

» In recent days, public complaints have surged over the suspension of money transfers and payments via digital platforms, largely linked to authorities' crackdown on mule accounts.

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BUSINESS

KTB, MRTA team up for transport payment card

Business, Somruedi Banchongduang, Published on 06/08/2025

» Krungthai Bank (KTB) has partnered with Mass Rapid Transit Authority of Thailand (MRTA) to launch the Mang-moom EMV Card, a chip-based contactless card for fare payments across all MRT lines.

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BUSINESS

Growth of eateries outpaces tourism

Business, Somruedi Banchongduang, Published on 27/06/2025

» The Bank of Thailand has observed a glut of restaurants relative to the slower growth in foreign tourist arrivals, with the impact affecting mainly small and medium-sized enterprises (SMEs).

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BUSINESS

Visa card spending per visitor rises in Thailand

Business, Somruedi Banchongduang, Published on 24/05/2025

» Visa Thailand has observed slower growth in Visa card payments made by inbound tourists, in line with stagnant foreign tourist arrivals.

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BUSINESS

Users share responsibility in financial fraud decree

Business, Somruedi Banchongduang, Published on 30/04/2025

» Victims of financial crimes may be fully liable for damages if losses result from their own negligence under the new emergency decree, according to the Bank of Thailand.

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BUSINESS

KBank offers helping hand to exporters hit by US tariffs

Business, Somruedi Banchongduang, Published on 18/04/2025

» As part of its efforts to mitigate the impact of the US tariffs on Thai exports, Kasikornbank (KBank) is assisting export clients in exploring new international markets to minimise potential disruption.