Showing 1-10 of 31 results
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BoT governor raises alarm over rising personal debts
News, Somruedi Banchongduang, Published on 05/12/2012
» Bank of Thailand (BoT) governor Prasarn Trairatvorakul has expressed concern over the rising levels of personal loans and household debts.
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Politics a headache for SMEs
Business, Somruedi Banchongduang, Published on 25/02/2014
» Confidence among small and medium-sized enterprises (SMEs) fell below the 50-point threshold last month, largely on concern over political uncertainty and the lacklustre economy.
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BoT chief asks for political transparency
News, Somruedi Banchongduang, Published on 24/05/2014
» Central bank governor Prasarn Trairatvorakul on Friday urged the future administration, when it is formed, to generate a better understanding of the political crisis, which holds the key to positively influencing the economic sector.
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KTB denies seeking pardons for execs
News, Somruedi Banchongduang, Published on 28/08/2015
» Krungthai Bank (KTB) has denied reports it is preparing to seek royal pardons for 10 of its former executives and two current employees convicted of being involved in approving more than 9.9 billion baht of unsecured loans.
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Chip bank cards the rule in 2019
Business, Somruedi Banchongduang, Published on 05/05/2016
» Some 60 million magnetic-stripe ATM and debit cards issued by local commercial banks and circulating in the market will be upgraded to chip-embedded cards by the end of 2019, says a senior central bank official.
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PromptPay for consumers likely to be delayed
Somruedi Banchongduang, Published on 06/10/2016
» Consumers are unlikely to be able to transfer money among themselves using the government's PromptPay service by the Oct 31 deadline due to "technical problems", according to bankers.
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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.
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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.
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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.
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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.
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