Kitiphong Thaicharoen

Thai government to approve TMB-Thanachart Bank merger by month-end

This comes after the government last year approved tax incentives for bank mergers to help them better compete with their larger regional rivals.

Thailand to issue rules on cryptocurrency by end-June

Offerings of digital tokens will not be allowed until the regulations are announced.

Thai central bank prohibits financial institutions from trading in cryptocurrencies

They are also banned from allowing clients to use credit cards to buy cryptocurrency.

Thai commercial banks may get incentives to merge, says finance minister

Thailand’s five biggest lenders are Bangkok Bank, Krung Thai Bank, Siam Commercial Bank, Kasikornbank and Bank of Ayudhya.

Japan, Singapore & China top investors in Thailand in 2016

Japan remained Thailand’s biggest investor in 2016, followed by Singapore and China.

Thailand gives nod to state pension fund raising overseas investment

Thai cabinet approved a plan by the Government Pension Fund (GPF) to lift its overseas investment ceiling to 30 percent from 25 percent to boost investment returns, a government spokesman said on Tuesday. GPF is the country’s largest pension fund, which manages civil servants’ savings. It plans to gradually lift… Read more »

Thai cabinet backs short-term moves to revive property sector

Thailand’s cabinet on Tuesday approved short-term measures aimed at reviving the property sector and helping low- and middle-income earners to buy a home amid a struggling economy. The package includes fee cuts and relaxed mortgage conditions, Deputy Prime Minister Somkid Jatusripitak told reporters. “The measures are aimed at … reducing… Read more »