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Credit card debt cuts will only apply to those on credit bureau list
MONDAY, DECEMBER 02, 2024
National Economic and Social Development Council stresses that the proposed measures do not refer to regular credit card accounts
PM issues new strategies to reduce debt
TUESDAY, JULY 16, 2024
Bank of Thailand asked to reduce minimum credit card repayment while focus also placed on housing and vehicle debts
1% fee for credit card transactions abroad postponed indefinitely
WEDNESDAY, MAY 22, 2024
Bank of Thailand insists on clarification of customer options before fee can be applied
BOT to resolve 1% DCC fee on credit cards with financial institutions, banks by May 1
FRIDAY, MARCH 08, 2024
The Bank of Thailand (BOT) will hold a meeting with financial institutions and banks to discuss their announcement last week on charging Visa and Mastercard credit cardholders a dynamic currency conversion (DCC) fee of 1% on overseas transactions.
Debts under legal process almost as high as Thailand's GDP
WEDNESDAY, FEBRUARY 14, 2024
The debt situation of Thai people has taken a turn for the worse with 2.67 million cases, accounting for total debt of 15.99 trillion baht, currently under the legal process, the National Credit Bureau (NCB) said on Wednesday.
Thai police bust credit card theft gang, leader arrested in crackdown
SATURDAY, JANUARY 20, 2024
Thai authorities successfully arrested the leader of a gang that stole credit card information and was found responsible for causing damages worth about 8 million baht in a single month.
Credit card spending up 20% in second quarter
TUESDAY, AUGUST 08, 2023
Credit card spending in Thailand during the second quarter of this year increased by more than 20% and is expected to continue throughout the year, with an increase of no less than 20% for the whole of 2023.
UOB Thailand launches new cards campaign featuring strategic partnerships with over 40 established global and regional brands in travel, dining and retail
MONDAY, MAY 15, 2023
UOB Thailand has launched a new cards campaign, “For All You Love”, featuring strategic partnerships across ASEAN with over 40 renowned domestic and global brands to offer the best deals and privileges to cardholders in Thailand and the region.
Lisa moves into her new $6-million luxury pad in Seoul
FRIDAY, FEBRUARY 03, 2023
Lalisa “Lisa” Manoban is the proud new owner of a luxury villa in Seoul’s super-trendy Seongbuk-dong area worth approximately 200 million baht (US$6 million).
New verification rule for using cash deposit machines from Nov 15
TUESDAY, OCTOBER 18, 2022
From November 15, people will be required to verify themselves with a debit or credit card when making deposits via cash deposit machines (CDM).
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