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Wealth & Money

Thailand’s Virtual Bank Competition Heats Up with Five Major Bidders

Lede: The competition for Thailand's virtual banking licences has intensified, with five major business groups confirming their interest ahead of the submission deadline. The Bank of Thailand and the Ministry of Finance will issue an unspecified number of licences, with the winners set to...

Thai State Banks Lower Lending Rates to Aid Borrowers

In response to the Thai Bankers Association's recent announcement regarding a reduction in the minimum retail rate (MRR) for creditworthy clients, six state banks have unveiled their plans to follow suit by lowering lending rates for small borrowers. This decision, effective from May 1st,...
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Credit Card Transactions Abroad in Baht to Incur 1% Fee Starting May 1st

Credit card holders from Visa and Mastercard will soon encounter a new fee structure...

Thai Banks Reaffirm Security Amidst App Scare

The Thai Bankers' Association has issued a reassuring statement regarding the security and stability...

Pheu Thai Party MP Clarifies Government’s Financial Initiatives

In a recent statement, a Member of Parliament (MP) hailing from the Pheu Thai...

Government Pushes Forward with 10,000 Baht Stipend Initiative via Digital Wallet

In a significant move aimed at streamlining public services and boosting economic circulation, the...

Pheu Thai Party Unveils Ambitious 10,000 Baht Digital Wallet Stipend Policy

In a significant development during the latest weekly meeting of the Pheu Thai Party,...

Thai Prime Minister Discusses 10,000 Baht Digital Stipend Distribution

In a recent discussion, Prime Minister and Finance Minister Srettha Thavisin shed light on...

Thai Government Advances Digital Currency Initiative

The Thai government, led by Prime Minister Srettha Thavisin, is diligently moving forward with...

Bank of Thailand Approves Three Virtual Bank Licenses to Foster Financial Inclusivity

The Bank of Thailand (BOT) has taken a significant step towards advancing financial inclusivity...

Thai Banks consider new fee structure to align with operating costs for physical and digital banking services

The Thai Bankers’ Association (TBA) is currently discussing a new fee structure that would...

Thai Department of Foreign Trade streamlines regulations to improve trade competitiveness

The Department of Foreign Trade (DFT) in Thailand is streamlining and updating trade regulations...

SET Launches “Happy Money, Happy Young Old” Campaign to Help Thais Prepare for a Comfortable Retirement Before Thailand Becomes a Fully Aged Society

The Stock Exchange of Thailand (SET) has consistently assisted Thai people in carefully managing...

Bank of Thailand Expects 3.6% Economic Growth Driven by Tourism and Domestic Consumption

Thailand's economy is still projected to grow at 3.6% this year, driven by tourism...

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Surat Thani Coastal Areas Hit by Severe Weather

Coastal regions of Surat Thani province in southern Thailand are grappling with severe weather...

Bangkok’s Traffic Congestion Reduced by 25%

Bangkok has achieved a significant reduction in traffic congestion, with travel times decreasing by...

Firefighters Battle Wildfires in Thai National Parks

Firefighters are actively battling wildfires in Khao Kho National Park, Phetchabun province, which have...

Severe Weather Hits Surat Thani: Coastal Areas Affected by Strong Winds and Waves

Severe weather conditions have struck coastal areas in Surat Thani province, with powerful waves...