bot
- Thailand News
South Korean factory worker fatally injured by robot misidentification
Tragedy struck in South Korea as a robot misidentified a factory worker for a box of vegetables, causing fatal injuries. The incident, which took place on November 7, involved a 40 year old man who was inspecting the sensors of a machine at an agricultural distribution centre in South Korea’s Gyeongsang Province. The robot seemingly confused the man for a…
- Thailand video news
New biometric scans for mobile banking | GMT
Thailand is making moves to attract more tourists to its vibrant and diverse culture. The Bank of Thailand has announced new biometric scans for mobile banking, which will make it easier for tourists to access their funds. Additionally, food trucks are being used to draw in more visitors. Russia is also making its presence known in the kingdom, with many…
- Hot News
Bank of Thailand warns of elevated financial cybercrime risk
The Bank of Thailand (BoT) is warning consumers and banks of an elevated financial cybercrime risk. The warning comes after a man claimed that he had lost 101,560 baht from his bank account after using a public charging outlet. The BoT denied the claim after conducting an investigation and said it believes the theft occurred because the man was a…
- Thailand News
Bank of Thailand wrestles with cryptocurrency adoption
The Bank of Thailand is wrestling with cryptocurrency – how to adopt its usage and how to regulate it in the face of growing popularity, along with all the dynamics surrounding the new ‘currencies’.. The BOT admits they’re struggling with balancing the innovation in the financial world and protecting investors in a volatile and unstable market. Digital currency fluctuates much…
- Economy News
Central bank mulls severing baht’s gold link to weaken gains
Thailand’s central Bank is mulling breaking the baht’s link to gold as a way to weaken it without being labelled a “currency manipulator” by Washington. According to US Census Bureau data, Thailand’s trade surplus surpassed US$20 billion in the 12 months up to the end of November 2019. That exceeds a $20 billion cap the US Treasury sets for bilateral…
- Economy News
Thailand’s economic forecast among Asia’s worst: central bank governor to step down
The governor of the Bank of Thailand will step down when his term ends in September. Veerathai Santiprabhob announced yesterday that he has decided against seeking a second 5 year term for “family reasons.” His departure comes as Thailand sees its economy contracting as much as 6% this year, mostly as a result of the impacts of lockdown provisions to…
- Covid-19 News
‘New normal’ seen in shopping malls across Bangkok
Part of the ‘new normal’, in times of Covid-19 in Thailand, involves redesigning traditional ways of doing things and changing daily life to stay safe and virus free. Today The Standard has revealed a few things that you might see in the near future. To minimise the risk of the spread of Covid-19 in elevators, engineers have created a new,…
- Economy News
BOT predicts 5.3% contraction in Thai economy for 2020
Even the Thai economy, which was still maintaining respectable growth before January, is now spluttering under the siege of the Covid-19 virus. Now the Bank of Thailand has crunched some numbers and believes the Thai economy will sharply contract by 5.3% this year as the virus continues to weigh on global financial markets, the local economy and people. GDP growth…
- Phuket News
Chinese boy dies after slipping from pool ledge on fifth floor of Kamala hotel
A Chinese boy has died after slipping from a pool ledge on the fifth floor at a hotel in Kamala last night. The boy fell five floors and hit the ground. Kamala Police were notified that the body of the boy had arrived at Patong Hospital at 8.50pm last night. Police arrived to confirm the death of a nine year…
