BOT to review Minimum credit card debt Payment rate
The Bank of Thailand is contemplating a reduction in the minimum payment rate for credit card debt from 8% to...
Thai government clarifies rules for withdrawing cash from digital wallets
Merchants must show tax compliance for the last two fiscal years, or continuous tax records if in business for less...
Thailand’s Board of Investment (BOI) approves incentives to encourage JV in the automotive parts sector
To qualify for the incentives, a new joint venture must invest at least 100 million baht in auto parts manufacturing,...
Thailand Retains Position as the Sixth Best Destination for Expats
Panama tops the charts as the premier destination for expatriates, with 82% of respondents reporting high levels of satisfaction with...
by NNT
Committee Suspends Digital Wallet Budget for Further Review
The special committee reviewing the 2025 annual budget has temporarily suspended the 152.7 billion baht budget for the digital wallet...
by NNT
Thailand to Extend Land Leases to 99 years and Foreign Condo Ownership to 75%
Regarding condominium ownership, the increase from 49% to 75% will still ensure that voting rights remain at 49%, keeping Thai...
by NNT
BOT Holds Steady on Interest Rate at 2.5%
Bank of Thailand (BOT) Assistant Governor Piti Disyatat has mentioned that the current benchmark interest rate of 2.5% is resilient...
by NNT
NCB reports a 15% increase in non-performing loans during the first quarter
The National Credit Bureau (NCB) has announced it recorded a 15% rise in non-performing loans (NPLs) in Q1 2024, driven...
by NNT
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