Showing 71 - 80 of 291
Banks brace for holiday outlay
Business, Somruedi Banchongduang, Published on 25/01/2019
» Commercial banks' net cash withdrawal from the Bank of Thailand to prepare for the public's spending over Chinese New Year is estimated to increase to 62.5 billion baht from 46 billion a year earlier, says a senior official at the central bank.
Krungsri upbeat on digital baht
Business, Somruedi Banchongduang, Published on 12/06/2023
» The Bank of Thailand is working with three payment service providers to launch its retail central bank digital currency (CBDC), a novel financial infrastructure it claims will improve the convenience and efficiency of financial transactions with lower costs.
TBA has bank apps warn each other of system crashes
Business, Somruedi Banchongduang, Published on 17/07/2019
» The Thai Bankers' Association (TBA) has instructed commercial banks to set up an alert system to notify other banks' customers in the event of a digital banking system crash.
BoT clamps down on mule accounts
Business, Somruedi Banchongduang, Published on 31/01/2025
» The Bank of Thailand is tightening rules for financial transactions to control mule accounts and plans to extend stricter measures to include digital assets and e-wallets in the next phase.
Gold traders must report daily trades
Business, Somruedi Banchongduang, Published on 05/12/2025
» The Bank of Thailand is requiring gold traders to report daily transactions across both physical and digital channels.
Banks agree to comply with Bank of Thailand security measures by June
Business, Somruedi Banchongduang, Published on 11/03/2023
» State-owned and commercial banks have agreed to comply with the Bank of Thailand's new cybersecurity measures by the June deadline.
BoT facility aims to help mutual funds
Business, Somruedi Banchongduang, Published on 25/03/2020
» The Bank of Thailand has expanded the scope of a special credit facility to provide liquidity to mutual funds by allowing banks to repurchase all money market and daily fixed-income funds, but the central bank will repurchase only underlying assets that meet its requirements.
Deposits flowing despite paltry rates
Business, Somruedi Banchongduang, Published on 16/06/2020
» Despite rock-bottom interest rates, more than 1 trillion baht in money flowed into 10 SET-listed banks at the end of April from the end of 2019, indicating increasing appetite for safe-haven deposit accounts even as the pandemic spiralled during that period.
CIMBT forecasts weaker baht in Q2
Business, Somruedi Banchongduang, Published on 12/05/2018
» CIMB Bank Thai (CIMBT) forecasts a weaker baht this quarter, weighed down by persistent foreign capital outflows following US policy rate hikes.
How to protect your finances and fight fraud
Business, Somruedi Banchongduang, Published on 15/12/2025
» If you are an avid online shopper who regularly joins flash sales and loves snapping up discounted items, you need to be extra careful before making any transfers. Even if you made it through the 12.12 sales smoothly, it is important to stay alert during the upcoming 1.1 promotions and beyond. Fraudsters posing as online merchants remain widespread.