Showing 21 - 30 of 289
SCB sees stronger baht in second half
Business, Somruedi Banchongduang, Published on 12/06/2025
» Siam Commercial Bank (SCB) expects the baht to strengthen against the US dollar in the second half of this year, though the movement will be limited due to Thailand's slower GDP growth.
Baht poised to weaken further
Business, Somruedi Banchongduang, Published on 14/05/2025
» The baht is expected to depreciate to around 33.80 against the US dollar this week, driven by a firmer greenback following the temporary pause in the US-China tariff war.
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.
Virtual banks to be announced in June
Business, Somruedi Banchongduang, Published on 18/04/2025
» The Finance Ministry is scheduled to announce the list of approved virtual banks by June 19, with the Bank of Thailand confirming it will grant three banking licences in the initial stage.
Thailand Post trusts network in virtual banking proposal
Business, Somruedi Banchongduang, Published on 17/04/2025
» Thailand Post plans to leverage its strong network and the expertise of its delivery staff, who have access to underserved and unserved communities across the country, to support its consortium in securing a virtual bank licence.
Bid to halt financial fraud intensifies
Business, Somruedi Banchongduang, Published on 15/03/2025
» Regulatory authorities are taking proactive measures to block mule accounts associated with legal entities, with the number of blocked accounts expected to rise by more than 1,000 in the near future.
KFin plans to sink B520m into startups
Business, Somruedi Banchongduang, Published on 13/03/2025
» Krungsri Finnovate (KFin), the corporate venture capital arm of Krungsri (Bank of Ayudhya), plans to invest around 520 million baht in tech startups both locally and across the region this year.
World Bank upbeat on poverty reduction outlook
Business, Somruedi Banchongduang, Published on 24/02/2025
» The World Bank expects Thailand's poverty rate to continue declining this year, supported by ongoing economic recovery and the government's cash transfer programmes.
Baht expected to weaken
Business, Somruedi Banchongduang, Published on 12/02/2025
» The baht is expected to weaken over the next few weeks amid rising global trade tensions following the recent US decision to increase tariffs on aluminium and steel imports to 25%.
Ban on transactions from mule accounts imminent
Business, Somruedi Banchongduang, Published on 06/02/2025
» The banking industry is set to implement a ban on financial transactions involving mule accounts in March, in compliance with the Bank of Thailand's (BoT) directive.