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New protections for 30,000 automated teller machines in Thailand

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More than 30,000 automated teller machines in Thailand will be revamped to prevent criminal gangs from stealing bank account information amid a surge in thefts, news reports said  Wednesday.

Phol Thanachote, chairman of the Automated Teller Machines’ Business Community, said that special stickers will be affixed to the revamped machines to show they are safe for use, The Nation newspaper reported. The report did not say how the machines were being altered to make them less  theft-prone.

30000 ATM need a security upgrade in Thailand

30000 ATM need a security upgrade in Thailand

The community, which operates ATMs for banks in Thailand, said it was struggling to keep pace with the new technology used by criminals to copy bank account information from ATM  cards.

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Business

Thailand aims to push its games and content industry

After almost a year under the pandemic, the number of game players in Thailand rose to 32 million and helped the market generate over a billion dollars in 2020, according to NewZoo, an international analytics and market research group.

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Currently, key digital organizations involved in the economy are joining forces to push the Thai gaming industry, so as to attain the level of a regional hub.

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Investment

Thailand’s H1 Investment Applications rise 158% in combined value, BOI says

Japanese firms ranked first with 87 projects worth 42.8 billion baht, followed by investments from the U.S. with 18 projects worth 24.1 billion baht, and China with 63 projects worth 18.6 billion baht.

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In the first six months of 2021, Thailand’s investment applications increased 14% from the year earlier period in terms of the number of projects, and 158% in combined value, led by increasing foreign direct investment (FDI) applications, sustained growth in target industries including the electronics and medical sectors, as well as in power generation, the Thailand Board of Investment (BOI) said.

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