Tag: Finance

news-07112024-223858

Changi Airport Fee Hike to Fund Upgrades and Improvements

Changi Airport in Singapore has announced plans to increase fees for passengers and airlines in order to fund a $2.3 billion upgrade of its terminals. The fee hike, which will be implemented gradually between...
news-07112024-163652

Cracking Down on Mule Accounts: How Agencies are Fighting Financial Fraud

The Department of Business Development (DBD) at the Ministry of Commerce has joined forces with the police Central Investigation Bureau (CIB) to combat the rise of corporate mule accounts and nominee operations. This collaboration...
news-05112024-163748

Proposed Interest Suspension for Designated Debtors: A Detailed Analysis

Banks in Thailand have agreed to suspend interest payments on mortgages, auto loans, and small business loans for selected borrowers in order to ease their debt burden during the economic recovery. This initiative is...
news-05112024-043440

Budget Action Urged by Prime Minister

Prime Minister Paetongtarn Shinawatra has called for urgent action on the investment budget for the fiscal year 2025 to boost the economy. During a meeting at the Finance Ministry, she highlighted the need to...
news-04102024-045653

Investment commitment by Lighthub and WeLab: A Strategic Partnership

Lighthub Asset and WeLab have come together to form a consortium committed to investing $500 million over five years to secure a virtual banking license from the Bank of Thailand. The consortium believes it...