The Finance Ministry has proposed that the National Broadcasting and Telecommunications Commission (NBTC) give free Internet SIM cards to low-income earners on the state welfare card scheme. Minister Apisak Tantivorawong said it had been proposed about five months ago that the 14.5 million welfare-card holders be given free SIM cards for six months so that […]
Read MoreChinese will soon become the first nationality able to apply and pay online for Thai visas, Chairi Archjananum, director-general of the Department of Consular Affairs at the Ministry of Foreign Affairs, said on Monday. The service arranged through Kasikornbank (KBank) would be globally available within three years, he said. The e-Visa system allows foreign nationals […]
Read MoreThe Election Commission (EC) has insisted it needs to examine the law to see if the government’s proposed value-added tax (VAT) refund for next year’s Chinese New Year shopping gives a pro-government party undue political advantage ahead of the next election. The Finance Ministry said it is looking into implementing the refund programme to provide an […]
Read MoreCash is still king for Thai consumers, remaining the top mode of payment, with QR code emerging as the most popular mobile payment method, according to a study by UnionPay International and Nielsen. “The Future of Payments” is an online survey of 400 mobile payment users in Thailand, including 100 respondents each from Gen Z (aged […]
Read MoreProperty developers are hastily preparing strategies to cope with the Bank of Thailand’s new requirements on mortgage lending, as the measures will have an impact on some homebuyer segments next year. Peerapong Jaroon-ek, chief executive of SET-listed developer Origin Property Plc, said the new requirements will directly affect the speculation market and buyers of second and subsequent […]
Read MoreBangkok Bank (BBL) expects most basic banking transactions to be made over the digital channel within the next three years. With the online banking boom, 90% of the bank’s basic transactions, including fund transfers and payments, are expected to be done through mobile apps within that period, said Prassanee Ouiyamaphan, executive vice-president of BBL. BBL’s digital […]
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