mobile-banking

Thailand Leads Mobile Banking Penetration

Thailand Leads Mobile Banking Penetration That is well ahead of the global rate of 41% and higher than China, at 61% Among Thailand’s internet users, 74% access banking services via mobile devices, according to the annual Global Digital Report 2019 from social media management platform Hootsuite and digital marketing agency We Are Social. That puts…

Thai central bank seen holding fire after December hike

Thai central bank seen holding fire after December hike

Thai central bank seen holding fire after December hike Thailand’s central bank is all but certain to hold its key interest rate steady on Wednesday after December’s tightening, pausing to support a slowing economy in the face of growing external risks. All 20 economists surveyed by Reuters predicted the Bank of Thailand (BOT)’s monetary policy…

Maybank analyses SET’s current performance

The Stock Exchange of Thailand on Friday moved in a narrow range, driven by strong continued buying pressure on CPAll and other domestic players led by ICT stocks like Intouch, True and the industrial estates WHA, Amata and CPN. However, global plays stocks continued to sell, led by PTTGC, IVL and TOP. The index closed…

Thai Ministry of Finance Gives Digital Asset Business Licenses to Four Firms

Thai Ministry of Finance Gives Digital Asset Business Licenses to Four Firms

The Thai Ministry of Finance has issued digital asset business licenses to four crypto-related firms, according to a notice published by the country’s Securities and Exchange Commission (SEC) Jan. 8. According to the announcement, the licenses were issued by the finance ministry “under the recommendation of the SEC Board.” The four companies that received a license are digital asset…

IMF-WBG Annual Meetings 2018

IMF-WBG Annual Meetings 2018

The Bank of Thailand Governor Veerathai Santiprabhob attended the IMF-WBG Annual Meetings 2018 in Bali, Indonesia, during the period of 10-14 October 2018. The topics of discussion highlighted the importance of open multilateral trade system, the need to rebuild policy space during the economic upcycle to raise growth potential and resilience, as well as an…