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Saturday, April 13, 2024
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CATEGORY

Business

Banks Brace for Potential Losses Linked to ITD

Siam Commercial Bank (SCB) and Krungthai Bank (KTB) have set aside funds for potential loan losses linked to Italian-Thai Development Plc (ITD), aligning with...

Thai-Lao QR Payment System Boosts Border Tourism

A collaborative effort between the Bank of Thailand (BoT) and the Bank of Lao (BoL) has heralded the launch of a QR payment system,...

Boosting GMS Connectivity Through Cross-Border Agreement

The International Institute for Trade and Development has advocated for enhanced connectivity within the Greater Mekong Subregion (GMS), emphasizing the Cross-Border Transport Facilitation Agreement...

Thailand’s New Finance Minister Faces Economic Challenges

As Srettha Thavisin's tenure formed the new coalition government in August last year, the prime minister's added role as the finance minister has largely...

Thailand’s Semiconductor Industry Gains Momentum

Thailand is eyeing a significant role in the global semiconductor production surge, with plans to entice more foreign investment into the sector this year,...

Thailand Targets Semiconductor Boom Amid Global Frenzy

In a bid to bolster its foothold in the booming semiconductor industry, Thailand is ramping up efforts to allure foreign investment. The Board of...

Thailand Embraces Virtual Banks: Transforming Financial Landscape

In Thailand's financial landscape, where depositors grapple with low interest rates from commercial banks and borrowers lament over the higher lending costs, the advent...

Minister Announces Italian-Thai Wage Settlement

On March 25, 2024, the Minister of Labor, Mr. Pipat Ratchakitprakarn, provided an update regarding the resolution of unpaid wages owed to employees of...

One Bangkok: Transforming City’s Business Landscape

In Bangkok, a transformative development known as the One Bangkok project is poised to redefine the city’s skyline and establish a new Central Business...

Thailand Opens Doors to First Virtual Banks

Today, the Bank of Thailand has officially opened the door for applications to establish the country's first virtual banks, inviting companies and business entities...

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