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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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Real estate developers’ confidence falls in Q2 2019

Real estate developers are also waiting for the government’s policy on real estate and housing development to be clarified.

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The confidence index of real estate developers for the second quarter of this year has dropped to 42.2 points from 50.4 points for the first quarter.

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MRT to start passenger Test Runs late July on Blue Line extension

The Mass Rapid Transit Authority (MRTA) commenced internal test runs on the MRT Blue Line’s Hua Lamphong – Bangkae extension on 1st July this year.

National News Bureau of Thailand

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BANGKOK, 07 July 2019 (NNT) – The Mass Rapid Transit Authority is set to open the MRT Blue Line Thaphra extension for passenger test runs in late July.

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Thailand’s e-commerce to reach 13 billion USD by 2025

Southeast Asia will account for 20 percent of worldwide e-commerce by 2022. Moreover, Asia-Pacific is expected to become the largest cross-border trade region for both imports and exports.

Boris Sullivan

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Thailand’s e-commerce market value is expected to surge to 13 billion USD by 2025 from 3 billion USD in 2018 on the back of strong global demand for Thai products.

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