The Bank of Thailand plans to pool the phone numbers of commercial banks, their subsidiaries and outsource units used for telemarketing and debt collection with the National Broadcasting and Telecommunications Commission (NBTC) to develop the Gun Guan app, enabling consumers to better block unwanted calls from next year. The central bank is requesting that the […]
Read MoreChina is expected to dominate the CLMV market, with Thailand estimated to lose as much as 187 billion baht by 2022 as Cambodia, Laos, Myanmar and Vietnam are inundated with Chinese goods. According to Aat Pisanwanich, director of the Center for International Trade Studies at the University of the Thai Chamber of Commerce, a study […]
Read MoreThe Securities and Exchange Commission is in the process of issuing regulations to facilitate capital market funding access for small and medium-sized enterprises (SMEs), aiming to initially allow SME share offerings and convertible debentures without document submission. The move will reduce unnecessary procedures and costs, and SMEs will be able to offer these securities to […]
Read MoreTHE Big Three banks in Singapore will likely continue to see narrowed net interest margin (NIM), deteriorating asset quality and slowing loan growth, which they had experienced in the third quarter this year. This is according to a Tuesday report by Fitch Ratings, which added that the earnings of DBS, OCBC Bank and United Overseas […]
Read MoreThe Bank of Thailand aims to overhaul its working structure over the next three years to a cross-functional method from functional-based teams to overcome seven specific challenges caused by a transformative world. “Over the next three years, the world is transforming at a faster pace. There will be plenty of volatility, uncertainty, complexity and ambiguity,” […]
Read MoreIn October, Roy Morgan Indonesian Consumer Confidence increased to 159.5, up 1.5pts from the previous month. However Consumer Confidence is now 3.5pts lower than it was a year ago (163.0). Analysis of Consumer Confidence by employment and occupation shows declines across most categories over the past year, with the steepest drop among those not in […]
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Thailand
