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Cabinet to consider draft financial centre act to draw investments
WEDNESDAY, JANUARY 22, 2025
The Finance Ministry aims to propose a draft financial centre act to the Cabinet in February in a bid to attract investments from eight businesses and promote Thailand as a financial hub.
Thailand to enforce new law to tackle call-centre scams
TUESDAY, JANUARY 07, 2025
The new emergency decree will also hold financial institutions and mobile operators responsible for losses incurred by victims
New measures aimed at tackling debts to be announced Dec 11
FRIDAY, DECEMBER 06, 2024
Debt restructuring programme at the core of the new measures and will target borrowers with housing, auto and SME NPLs
The rising risk of Synthetic Identity Frauds
THURSDAY, OCTOBER 10, 2024
The Deloitte Center for Financial Services expects synthetic identity fraud to generate at least $40 billion in losses by 2027, prompting financial institutions and FinTech companies to develop more advanced biometric security systems to detect would-be perpetrators.
BOT data on second-quarter household debt gives mixed signals
WEDNESDAY, OCTOBER 09, 2024
Though debt was down QoQ, it rose by THB212 billion compared to 2023
Property, financial stocks to go up following rate cut: Analysts
WEDNESDAY, SEPTEMBER 04, 2024
Securities analysts see a brighter future for stocks in property and finance if Bank of Thailand cuts interest rates in December
Significant drop in vehicle sales recorded from Jan-April 2024
MONDAY, JUNE 03, 2024
Tightening of car loan approvals by financial institutions and slow economic growth blamed for decline in vehicle purchases
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.
ISSB and financial reporting standards related to sustainability disclosure
FRIDAY, OCTOBER 27, 2023
Today, most businesses are facing pressures from investors, financial institutions, and customers who seek comparable sustainability reports with sufficient information for their investments and transactions decision-making.
NPLs among households soar to 980 billion baht
TUESDAY, AUGUST 29, 2023
In a worrying trend, non-performing loans (NPLs) among Thai households in the first quarter of 2023 rose to 980 billion baht, or 7.6% of overall household debts of 12.9 trillion baht, the National Economic and Social Development Council (NESDC) reported on Monday.
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