Thailand
Here Are the Top 10 Must-Attend Sessions at Money20/20 Asia 2024
As the fintech landscape continues to evolve rapidly, Money20/20 Asia 2024, held in Bangkok from 23 to 25 April, stands out as a pivotal event for industry professionals. This year’s conference promises a wealth of knowledge with over 50 hours
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Thailand to Open Applications for Virtual Bank Licenses
Thailand’s Finance Ministry announced that it will begin accepting applications for virtual bank licenses within the next six months, aiming to expand financial inclusion for those with limited or no access to traditional banking services. According to Reuters, the ministry
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Money20/20 Asia Unveils Stellar Lineup: 120+ Speakers and Industry Experts Confirmed
Money20/20, the premier global fintech event, announces that over 120 speakers are confirmed and will be taking the stage at Money20/20 Asia, held at the Queen Sirikit National Convention Center (QSNCC) in Bangkok on 23-25th April. The event’s three themes—Integration,
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SCBX Inks US$860M Deal to Fully Acquire Home Credit Vietnam
SCBX, the financial technology business group of Siam Commercial Bank, has inked a deal to fully acquired consumer finance firm Home Credit Vietnam for US$860 million in a bid to expand its footprint in the region. The transaction is set
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Thailand’s SEC Proposes to Revoke Crypto Exchange Zipmex’s License
The Securities and Exchange Commission Board (SEC Board) of Thailand has recommended the Minister of Finance to consider the revocation of the digital asset business license of crypto exchange Zipmex. This recommendation comes after a thorough evaluation of Zipmex’s operations,
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Four Southeast Asian Stock Exchanges Agree to Build Joint ESG Ecosystem
Four major Southeast Asian stock exchanges – Bursa Malaysia, Indonesia Stock Exchange (IDX), the Stock Exchange of Thailand (SET), and Singapore Exchange (SGX Group) – have united to form the ASEAN Interconnected Sustainability Ecosystem (ASEAN-ISE). This initiative aims to promote
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Alipay+’s Network Grows in Thailand, Accepts Payments from 13 Global E-Wallets
Ant International’s Alipay+ can now accept cross-border payments by 13 international e-wallets of which 9 were recently enabled. The nine newly added digital wallets include MyPB by Public Bank Berhad from Malaysia, Naver Pay and Toss Pay from South Korea,
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IFC Invests US$23.8M in Thai Credit Bank to Support Women-Led MSMEs
The International Finance Corporation (IFC) has made a substantial equity investment of up to US$23.8 million (THB 844 million) in Thai Credit Bank Public Company Limited to boost small business financing in the country with a particular focus on women-owned
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KogoPAY, Siam Commercial Bank to Ease Payments for European Tourists in Thailand
KogoPAY, a UK fintech providing banking and mobile payment services for B2B and B2C, announced that it has forged a partnership with the Siam Commercial Bank (SCB). The collaboration aims to facilitate easier payments and ATM withdrawals for British and
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Thailand Scraps 7% VAT for Crypto Trading Indefinitely
Thailand’s Finance Ministry has officially removed the 7% value-added tax (VAT) on profits from cryptocurrency and digital token trades. This action, which took effect on 1 January 2024, is intended to propel the nation’s digital asset sector forward, offering an
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