ALL 186 passengers and crew of Thai AirAsia flight FD3188 heading from Don Mueang Airport in Bangkok to Nakhon Si Thammarat at 7.20 a.m. this morning (Feb. 24) were unharmed and the plane landed safely at the destination after a power bank exploded, Matichon newspaper quoted TV Channel 3 as saying. On this flight
Tag: Bank
PM: Will keep urging central bank to cut rates
By Reuters and published by CNA PRIME MINISTER Srettha Thavisin said on Friday (Feb. 9) he will continue to urge the central bank to cut interest rates. His comments on social media platform X come just days after the Bank of Thailand left the key rate unchanged at 2.50 percent, the highest level in
Read moreThailand relaxes rules on non-resident baht transactions – cenbank
By Reuters and published by CNA THAILAND’S central bank said on Tuesday (Sep. 26) it was relaxing some foreign exchange rules for non-residents to improve the ease of doing business in the country. More flexibility will be given under the non-resident qualified company (NRQC) scheme, the Bank of Thailand (BOT) said in a statement.
Read moreBeware of power banks exploding in the summer heat
A YOUNG woman issued a warning about power banks exploding in the current hot weather as happened at her house last night (Apr. 23) when an unplugged unit suddenly blew up, Matichon newspaper said today. In an online post the unidentified woman said at 9 p.m. just as she was going upstairs she smelt
Read moreCredit Suisse shares sink as top shareholder rules out more cash
By Agencies and published by CNA Paris – Credit Suisse lost almost a quarter of its value on Wednesday (Mar. 15), dropping to a new record low after its largest investor said it could not provide the Swiss bank with more financial assistance. “We cannot, because we would go above 10 percent. It’s a
Read moreSVB shockwaves rattle global banks in grip of contagion fears
By Reuters – published by Yahoo!news and Matichon SILICON Valley Bank’s collapse pressured global bank stocks further today (Mar. 14) as investors fretted over the financial health of some lenders, in spite of assurances from US President Joe Biden and other policymakers. An indicator of credit risk in the eurozone banking system leapt to
Read moreMinimal impact on Thailand from collapse of 2 US banks
FINANCE Minister Arkhom Termpittayapaisith said the collapse of two US banks, Signature and Silicon Valley Bank, has little impact on Thailand as there were no transactions nor investments in them, Matichon newspaper said today (Mar. 13). US regulators closed New York-based Signature Bank on Sunday, the third largest failure in US banking history, two
Read moreUS bank collapse biggest failure since 2008
By Reuters and published by Financialexpress.com START-UP FOCUSED lender SVB Financial Group became the largest bank failure since the financial crisis on Friday, in a sudden collapse that roiled global markets and stranded billions of dollars belonging to companies and investors. California banking regulators closed the bank, which did business as Silicon Valley Bank,
Read moreAssistant bank manager nabbed for stealing client’s money
AN assistant manager of an unidentified bank was arrested today (Feb. 4) for stealing 2 million baht from a client’s account last November, INN News said this morning, An Economic Crime Suppression (ECS) police team arrested Mr. Pornchai (surname withheld), 52, from his house on Phutthamonthon Sai 3 Road, Thawi Watthana district, under
Read moreSeven dead in shooting outside East Jerusalem synagogue
By AFP and published by CNA Jerusalem – A gunman killed seven people at an east Jerusalem synagogue on Friday (Jan. 27), Israeli police said, in a dramatic escalation of violence that followed a deadly raid in the West Bank a day earlier. The shooting in the Neve Yaakov neighbourhood of Israeli-annexed east Jerusalem
Read moreCentral Bank rules out scamming via phone chargers
THE BANK OF THAILAND said it is not true cash has been stolen from mobile bank accounts while the handsets were being charged with suspect USB cables with this having occurred by loading applications packed with malware, Matichon newspaper said today (Jan. 18). The Central Bank had asked the Thai Bankers Association to investigate
Read more‘Police Plus’ app launched to speed up treatment at Police Hospital
THE POLICE Hospital together with Kasikorn Bank today (Nov. 10) launched “Police Plus” app that utilises easy-to-use technology to boost medical efficiency with a target of meeting the needs of over 450,000 patients a year, Matichon newspaper said. National Police Chief Pol. Gen. Damrongsak Kittiprapas and Ms. Kattiya Indaravijaya, chief executive officer Kasikorn Bank,
Read moreBank coughs up 2.2m baht for seizing wrong house
GOVERNMENT Savings Bank yesterday (Oct. 4) agreed to pay 2.2 million baht compensation to the owners of a house their contractor had wrongfully seized and renovated plus put a for sale sign upfront and in doing so destroying many objects of sentimental value, Sanook.com said. Mr. Ronnarong Kaewpetch, chairman of the Network to Reclaim
Read moreBank explains seizing wrong house, holding talks today
GOVERNMENT Savings Bank last evening (Oct. 3) clarified the seizing of a wrong house in Pathum Thani on Sept.5 pointing out that it had apologised to the owners and had renovated it for resale prior to the mistake being discovered, Sanook.com said. The bank said it had purchased house number 99/44 located in a housing
Read moreBank mum on 2m baht claim for seizing the wrong house
AN UNNAMED bank has so far not paid any compensation to the owner of a house in Pathum Thani which they seized by error on Sept. 5 when their contractor removed all the belongings, locked the gate with a padlock and put a for sale sign on it, Sanook.com said today (Oct. 3). Mr.
Read moreCiti to sell consumer business in Malaysia, Indonesia, Thailand and Vietnam to UOB Group
By CNBC CITIGROUP will sell its consumer banking businesses in Indonesia, Malaysia, Thailand and Vietnam to Singapore’s United Overseas Bank, the banks announced today (Jan. 14). As part of the deal, UOB said it will acquire Citi’s unsecured and secured lending portfolios, wealth management and retail deposit units that make up its consumer banking
Read moreWorld Bank sees sharp world growth slowdown
By Reuters staff, published by Channel NewsAsia Washington – The World Bank today (Jan. 11) cut its forecasts for economic growth in the United States, the Euro area and China and warned that high debt levels, rising income inequality and new Covid-19 variants threatened the recovery in developing economies. It said global growth is expected
Read moreBank robber stabbed to death in fight with wounded guard
A BANK ROBBER was stabbed to death in a fight with a security guard who himself suffered a severe chest wound with this occurring at a Government Savings Bank branch in Pathum Thani province this afternoon (Dec. 2), Sanook.com said. Pol.Maj. Sirote Naannian, an inspector at Khlong Luang police station, was notified at 2.20
Read moreThai central bank chief says economic engines not as strong as before
By Reuters Staff, published by Channel NewsAsia THAILAND’S economic engines may not be as strong as before and the country’s important tourism sector may take longer to normalise, its central bank governor said today (Nov. 18). Factors that will be key to future growth are the digital economy and sustainability, Bank of Thailand Governor
Read moreMoney drained out of tens of thousands of bank accounts
TENS of thousands of people who had their bank accounts drained by criminals today (Oct. 17) grouped together online to share their experiences after discovering that small sums of money, less than 100 baht, had been repeatedly withdrawn very quickly, Sanook.com said. Some people’s accounts had been completely drained this way with these accounts
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