The Bank of Thailand plans to implement practice guidelines to regulate financial institutions’ fee charge calculation for products and services in the third quarter as part of a push for a fairer fee structure, a senior official says. The guidance will cover fee charges for 300 items across business segments including corporate, small and medium-sized enterprises […]
Read MoreThe Bank of Thailand (BOT) says it will expand QR cross-border payments with Singapore, Myanmar and Cambodia, beginning from the middle of this year. BOT Assistant Governor for payment systems policy and financial technology Siritida Panomwonna Ayudhya was quoted by Thai newspaper The Nation as saying that each Thai bank has developed regional interoperability for […]
Read MoreLocal e-commerce and logistics operators have confirmed that the coronavirus outbreak has hampered parcel deliveries from China, while working to ensure access and rein in the prices of disease-prevention accessories such as face masks and hand sanitiser. Suchaya Paleewong, marketing manager of Shopee Thailand, the local operating unit of the Singapore-based e-commerce site under Sea […]
Read MoreHotels are cutting back on staff in response to weaker demand from Chinese guests, especially on Ratchadaphisek Road in Bangkok and Pattaya. The two areas were usually packed with Chinese travellers during the high season. Ratchadaphisek Road has hotels and condos that mainly target tourists from the mainland. In the past few weeks, the roadside […]
Read MoreCambodian and Thailand railway authorities will meet on Friday for final discussions on cross-border rail transportation between the nations. Ly Borin, under-secretary of state of the Ministry of Public Works and Transport, told Khmer Times yesterday that an agreement on cross-border rail transportation had been signed in April last year, but it had not yet […]
Read MoreThe Board of Investment (BoI) has approved a number of stimulus measures to spur investments in domestic projects to boost the grassroots economy. BoI secretary-general, Duangjai Asawachintachit, said on Thursday the measures were designed to attract investments to large-scale projects with significant economic impacts from economic “actors” of all sizes — from large corporations to […]
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Thailand
