June 25, 2025

Thailand

Investment

Thai police arrest 13 foreigners in alleged US$1.2 million investment scam targeting Australians

AFP senior officer Kristie-Lee Cressy said at the Bangkok press conference that at least 14,000 Australians had fallen victim to this scam. “The group amassed at least 1.9 million in (Australian dollars) from Australian victims in just the short time it had been operating. Money that we say was stolen from hard-working Australians and not

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Banking

Thailand faces nationwide banking disruption as three major banks announce system outages

BANGKOK: A significant banking disruption is set to affect millions across Thailand as three of the nation’s largest financial institutions – Krungthai Bank, the Government Savings Bank (GSB), and Siam Commercial Bank (SCB) – announce widespread system maintenance over the coming days. The planned outages will render core banking services, including mobile applications, credit card

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Finance

Earthquake has no impact on economy, says Thai finance minister

BANGKOK: Finance Minister Pichai Chunhavajira (pic) confirmed on Friday (March 28) that the recent earthquake in Thailand has had no effect on the economy and financial structure. He stressed that the natural disaster did not cause a significant impact on the country’s financial structure or system. The Finance Ministry, together with relevant agencies, is closely

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Investors

Trump’s auto tariffs are likely to hit an emerging Asian auto hub, showing there are risks for investors everywhere

Thailand is a key auto hub in Asia.Yvan Cohen/LightRocket/Getty Images Trump’s 25% tariffs on auto imports stand to impact global carmakers and supply chains. Thailand’s auto exports are expected to be hit, adding to investor gloom and risk. China’s offshore manufacturing facilities could also be impacted. US President Donald Trump’s auto import tariffs are impacting

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