Bank
- Crime News
Nakhon Phanom couple “rob” bank
A man and wife in Nakhon Pathom, just west of Bangkok, were arrested yesterday for allegedly robbing a bank there. Police in the downtown district were informed in the morning that the local Government Savings Bank branch had been robbed, and arrived to find shattered windows and glass on the floor. Witnesses told police they’d seen the couple walk into…
- Covid-19 News
“Thailand’s economy will take 2-3 years to recover” – Krungthai
Across the world the hopes of a quick recovery in countries’ economies evaporate as the effects of either the coronavirus, or the effects of the lockdowns, drag on. Even though Thailand has effectively contained Covid-19 at this stage with zero local transmissions for over 2 months, the economy is now stumbling with many businesses shuttered and no tourists coming into…
- Covid-19 News
Thai economy won’t need a bailout from the IMF
The Thai economy won’t need a bailout from the International Monetary Fund, although the GDP growth for 2020 may end up being the lowest in the region. The Governor of the Bank of Thailand, Veerathai Santipraphob says the Thai economy is “strong enough”. Speaking at a seminar entitled “Post-Covid Economic Direction”, Veerathai noted that, although Thailand has managed to control…
- Covid-19 News
Standard Chartered Bank forecasts 2 year economic recovery for Thailand
Standard Chartered Bank says that it remains conservative on Thailand’s economic outlook, even though signs are emerging with the possibility of a further policy rate cut to below 0.25%. Their latest report forecasts a return to pre-Covid levels could take more than 2 years depending on improving business sentiment as the economy reopens, noting that the government has been disbursing…
- Northern Thailand News
Robbers stole 1.05 million baht in cash from a Chiang Rai bank
Today at 10am Police in Chiang Saen district Chiang Rai (which borders Myanmar and Laos on the so-called Golden Triangle), were notified that a pair of robbers had stolen 1.05 million baht from the local Krungthai Bank. Police authorities are currently chasing down the 2 suspects who pulled off the daring daylight robbery on the bank. Both suspects were dressed in…
- Covid-19 News
Hundreds seek Emergency loans from the Government Saving Bank
Parn Phet Market Government Savings Bank branch in Mukdahan (north eastern Thailand) reports that hundreds of people have lined up to seek emergency loans from the government to help those affected by the Covid-19 crisis. The queue was stated to have been so long that it stretched out onto the street. After making their online applications, those applicants were asked…
- Crime News
Bank robber comes in from the rain, makes off with 106,000 baht
Staff at the Bank of Agriculture and Agricultural Cooperatives in Prawet district of southeastern Bangkok got a surprise this week when a lone armed robber came in off the street, out of the torrential rain, and stole 106,000 baht. Brandishing a pistol, the man, caught on security cameras, wore a sky blue cap, a facemask, black shirt, jeans and trainers.…
- Covid-19 News
Thai family of three are focus of local coronavirus outbreak in northern Bangkok
UPDATE Three worrying new Thailand coronavirus cases are being reported as coming from the same family. A 65 year old man, the grandfather in the family, had returned from Japan with his wife but didn’t disclose his situation or travel history to health workers when he took himself to hospital with a fever. The grandfather tested positive and his workplace,…
- Crime News
Thai bank employee caught stealing customers’ cash
PHOTOS: kapook.com A video has been shared showing a female bank employee walking behind the bank’s reception and, allegedly, emptying the contents of a yellow basket into her pocket. She was carrying yellow basket and looked into the basket before quickly grabbing the cash and stuffing it into her suit pocket before going into another room through the white door. The…
- Business News
Board of Trade want Bank of Thailand to urgently address the baht
PHOTOS & GRAPHIC: The Nation The Board of Trade are meeting with the Bank of Thailand tomorrow (August 8) to discuss the value of the Thai baht, its appreciation against the US dollar and Chinese yuan, and the impact on the country’s exports. Sanan Angubolkul, the Board of Trade’s vice chairman, speaking to The Nation, says the baht has appreciated around…
- South Thailand News
Bank evasive after 91 year old claims 5 million baht removed from his account
A 91 year old land owner and farmer in Chumpon claims that he’s had 5 million baht ‘taken’ from one of his bank accounts. Daily News reports that Thon Brahmjan from Tha Kham district had been to the bank, the police and government consumer watchdog Damrongtham Centre at the end of last year after the 5 million baht went missing…