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Wealth & Money

SCB Expands International Wealth Offerings, Targets 180 Billion Baht AUM by 2026

Siam Commercial Bank (SCB) is expanding access to international wealth products for Thai investors, with a goal of growing assets under management (AUM) in foreign currencies to 180 billion baht by 2026. The move aligns with expectations that Thailand’s total wealth will reach approximately...

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...
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Thai State Banks Lower Lending Rates to Aid Borrowers

In response to the Thai Bankers Association's recent announcement regarding a reduction in the...

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...

Food/Drink events calendar

Five killed in Thai light aircraft sea crash

HUA HIN, Thailand — A light aircraft veered off the runway and crashed into...

US tariffs delay Thailand’s 400 baht wage hike plan

The decision, initially expected in April, was postponed during a meeting on Tuesday led...

Foodpanda to Exit Thai Market by May 23

Foodpanda will officially cease its operations in Thailand on May 23, 2025, citing a...

Man Killed by Wild Elephant in Suspected Hunting Incident

A man was found dead in Prachinburi Province in what officials suspect was an...