Showing 11 - 20 of 96
BoT gives nod to inter-bank bill pay
Business, Pawee Sirimai, Published on 18/11/2017
» The Bank of Thailand has permitted banks to launch cross-bank bill payment through the PromptPay service, with lowered fees of up to five baht per transaction for those made online and at ATMs, while credit-card-based quick response (QR) code payment is expected to be introduced commercially by the first quarter of next year.
FIDF asks more of banks
Business, Pawee Sirimai, Published on 22/11/2017
» The proposed amendment of the Bank of Thailand Act will require financial institutions to contribute in the event of future bailout. This contribution requirement will be made only post-crisis not pre-crisis.
KBank: Minimum 3.9% GDP growth
Business, Pawee Sirimai, Published on 24/11/2017
» The country's economic growth is likely to expand by at least 3.9% this year and next, and bad loans have already peaked, says Kasikornbank (KBank) president Predee Daochai.
BoT nears QAB deal with Malaysians
Business, Pawee Sirimai, Published on 29/11/2017
» The Bank of Thailand expects to reach a conclusion with Bank Negara Malaysia on long-awaited Qualified Asean Banking (QAB) criteria soon, paving the way for indigenous banks in one country to operate in the other and receive similar treatment as local banks.
Electric trains may seek PPP
Business, Pawee Sirimai, Published on 04/11/2017
» The Purple Line's southern section and the Orange Line are expected to seek Public-Private Partnership (PPP) committee approval next year, says the head of the State Enterprise Policy Office (Sepo).
More tax incentives sought to help elderly with employment
Business, Pawee Sirimai, Published on 07/11/2017
» Deputy Prime Minister Somkid Jatusripitak has instructed the Fiscal Policy Office (FPO) to consider additional tax incentives as a means to support senior citizens' employment and businesses as Thailand moves towards becoming an aged society.
State banks urged to support more SMEs
Business, Pawee Sirimai, Published on 07/11/2017
» Deputy Prime Minister Somkid Jatusripitak is urging state-owned banks to play a more aggressive role in supporting small and medium-sized enterprises (SMEs).
Two options for shopping tax break
Business, Pawee Sirimai, Published on 07/11/2017
» The tax break on year-end shopping is set to go before the cabinet today, but there are two options for implementation -- running for one month with immediate effect or two weeks but coming into effect later, says an informed source at the Finance Ministry.
Potential US rate rise puts brakes on fund inflows
Business, Pawee Sirimai, Published on 30/09/2017
» The influx of offshore funds into Thailand has slowed after the US Federal Reserve signalled another rate rise this year, says a senior Bank of Thailand official.
BoT: Exports back GDP growth uptick
Business, Pawee Sirimai, Published on 03/10/2017
» The Bank of Thailand is optimistic about the country's economic outlook, which is supported by strong growth in exports, says central bank governor Veerathai Santiprabhob.