Economy and commerce

Banking and financial services

Safeguarding against the race for data

Putting Thailand 4.0 and a cashless society in place seems to be the dream of Thai policymakers and business tycoons, but the recent data leakage by two of the country’s major financial institutions has left many wondering whether the virtual dream is in fact a ...

KBank, KTB targeted in cyber-attacks

Cyber-attackers have stolen the data of 123,000 customers of Kasikornbank (KBank) and Krungthai Bank (KTB) in what appears to be the first massive data leak of local financial institutions. Keep reading ...

BoT: E-payment climb hastening

Thailand’s average digital payment transactions are expected to triple to 150 transactions per person per year sooner than previously forecast, thanks to a series of launched of digital banking services.Keep reading ...

Somruedi Banchongduang

Japanese backing pledged for EEC

The Japan Bank for International Co-operation (JBIC) has promised to provide soft loans to investors setting up businesses in the Eastern Economic Corridor (EEC) and is ready to back investment in a high-speed link between three airports that underpins the flagship economic zone.Keep reading ...

Wichit Chaitrong

BoT tells e-money services to register

The Bank of Thailand has required all e-money, credit, debit and ATM card, and fund transfer service providers to either register with or seek approval from the central bank by Aug 14 to prevent their business from being shut down.Keep reading ...

Somruedi Banchongduang

Bank helps connect Chinese with EEC

Singapore-based United Overseas Bank (UOB) is drumming up interest among Chinese investors to seize opportunities in the Eastern Economic Corridor (EEC) and expects more and more Chinese companies to set up in the country’s flagship economic zone.Keep reading ...

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