Thai Central Bank tightens up measures to protect bank customers

Bank customers who want to transfer more than 50,000 baht electronically from their bank accounts are required to have their faces scanned to confirm their banking transactions, under a new…

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Silicon Valley Bank is largest failure since 2008 crisis, billions stranded

Startup-focused lender SVB Financial Group became the largest bank failure since the 2008 financial crisis on Friday, in a sudden collapse that roiled global markets and left billions of dollars belonging to companies and…

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“Unequal wealth distribution, graft among major challenges facing Thailand”

Unequal wealth distribution is one of the most pressing problems facing Thailand with the richest one percent owning more than half of the total household wealth while entrenched corruption is…

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