Category: Business

Bank Of Thailand, Banks, And Police Convene To Tackle Mule Account Issues

Bangkok: The Bank of Thailand, commercial banks, and police are set to meet urgently today to address the impact of the crackdown on “mule accounts” on the public. According to Thai News Agency, Ms. Daranee Saeju, Assistant Governor of the Payment Systems Supervision and Financial Consumer Protection Group at the

Ministry of Finance Expedites Suspension of Non-Mule Accounts

Bangkok: The Ministry of Finance (MOF) is accelerating the process of temporarily suspending bank accounts for individuals not related to money mule activities. The ministry clarified that only funds transferred from suspicious accounts would be suspended, allowing other transactions to proceed as usual. Account seizures will only occur with a

MRTA Urges Swift Action on MRT Pink Line Service Suspension

Bangkok: The Mass Rapid Transit Authority of Thailand (MRTA) has called on concessionaires to promptly address the issues plaguing the MRT Pink Line, following a temporary service suspension from Nonthaburi Civic Center Station (PK01) to the Royal Irrigation Department Station (PK05). In a bid to mitigate passenger inconvenience, the MRTA

Market Focuses on Fed Meeting and Domestic Politics Amid Baht and Stock Market Movements

Bangkok: The Kasikorn Research Center has disclosed that the financial market is intently observing the upcoming Federal Reserve meeting regarding interest rate cuts, alongside domestic political developments and foreign capital trends. The baht is projected to fluctuate between 31.20 and 32.00 baht per dollar. Meanwhile, the Thai stock index is

Fire on Chao Phraya Express Boats Attributed to Electrical Short Circuit

Bangkok: Chao Phraya Express Boat Co., Ltd. reports that the fire on its express boat was caused by an electrical short circuit. Chao Phraya Express Boat Company issued a statement regarding a fire on its express boats. Two boats sustained heavy damage and one boat sustained minor damage. No injuries

Thai Stock Market Companies Pay Nearly 500 Billion Baht in Dividends in 2025

Bangkok: The Stock Exchange of Thailand (SET) has reported that in the first eight months of 2025, a total of 563 companies listed on the Thai stock market distributed approximately 500 billion baht in dividends. The banking sector emerged as the leader with a dividend payout totaling 140 billion baht.

BCPG Achieves Carbon Neutrality for Third Consecutive Year

Bangkok: BCPG and its group companies have once again reached a significant environmental milestone by achieving carbon neutrality for the third consecutive year. According to Thai News Agency, BCPG Public Company Limited, along with its subsidiary Asialink Terminal Company Limited, has not only met but surpassed its carbon neutrality goals,

GC Successfully Issues $1.1 Billion in Subordinated, Equity-Like Bonds

Bangkok: GC has successfully issued US$1.1 billion in subordinated perpetual bonds, the largest in South and Southeast Asia, with over eight times the subscription amount. This reinforcing investor confidence and strengthening its financial position, aligns with its debt reduction plan and prepares for sustainable future growth. According to Thai News