Tag: Bank
Bank 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 …
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Bank 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 …
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Bank 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. …
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Bank 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 …
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Thai 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 …
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Money 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online to share their experiences after discovering that small sums of money, less than 100 baht, had been repeatedly withdrawn very quickly, Sanook.com said.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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Power bank bursts into flames after being left in vehicle
POLICE issued a warning to be more careful after a power bank left in the front of a pick-up truck in Phetchaburi province burst into flames and damaged the vehicle but fortunately there were no injuries, Sanook.com said today (Oct. 9). Emergency Call Centre 191 Phetchaburi’s web page urged people to be more careful …
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Bank of Thailand plans to its test retail digital currency
THE Bank of Thailand (BoT) plans to test its retail digital currency in the second quarter of 2022 as an alternative payment option for the public, NNT said today (August 20). BoT assistant governor Vachira Arromdee said the central bank digital currency (CBDC) will not affect monetary policy or money supply in the system. The …
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Myanmar protesters hold more rallies, World Bank warns of slump
By Reuters Staff, published by MSN News MYANMAR anti-coup protesters staged more rallies today (March 26) after the military reportedly shot dead nine people a day earlier and as the World Bank warned the country’s economy could slump 10% this year due to the turmoil. In a bid to increase pressure on the junta …
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Bank of Thailand to cut growth forecast
The Bank of Thailand is expected to lower its 3.2% growth forecast for Thailand this year against the backdrop of increasing downside risks stemming from the persistent Covid-19 outbreak. The economy is expected “to expand somewhat lower than the previous forecast”, said MPC secretary Titanun Mallikamas, even though the central bank’s Monetary Policy Committee (MPC) …
Veerathai opts out of second term as Central Bank chief
BANK of Thailand Governor Veerathai Santiprabhob stated today (25.5.2020) that he does not wish to enter the selection process for holding this position for a second term because of family reasons, PostToday reported. The Chairman of the Bank of Thailand Governor Selection Committee Rangsan Srivorasart had announced on May 22 that the application period for …
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