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Thailand’s Virtual Bank Licenses: Opportunities and Challenges Ahead
Maverick Consulting Group Maverick Consulting Group

Thailand’s Virtual Bank Licenses: Opportunities and Challenges Ahead

Thailand is launching its first virtual banks by 2025, following a landmark regulatory framework by the Bank of Thailand and Ministry of Finance. With licenses capped at three in the first phase, this move opens the door to digital-only banking, financial inclusion, and fintech disruption. Learn how virtual banks are reshaping the future of finance in Thailand and what opportunities remain for new entrants, investors, and ecosystem players.

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Maverick Consulting Group Maverick Consulting Group

Thailand Set to Revise Foreign Business Act to Boost Investment, Innovation, and Transparency

Thailand is set to liberalise foreign investment rules by amending the Foreign Business Act within 2025, allowing greater foreign ownership in non-strategic sectors, streamlining business licensing, and supporting tech-driven startups. The reform aims to enhance Thailand’s global competitiveness, attract FDI, and eliminate nominee shareholder structures marking a turning point for investors in Southeast Asia’s emerging innovation economy.

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Trump's Tariffs Cast Shadow Over Thailand's Economic Outlook
Maverick Consulting Group Maverick Consulting Group

Trump's Tariffs Cast Shadow Over Thailand's Economic Outlook

Analysts foresee significant negative impacts from US tariffs on Thailand, potentially slashing Thailand's GDP growth. Thai exports face a substantial hit, risking a broader economic slowdown in Thailand. Key Thai export sectors like electronics and auto parts will be heavily affected by the 36% levy. The substantial Thailand-US trade surplus is a major factor behind these Trump tariffs.

Cover Photo Credit: Pattaya Mail

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Earthquake Fury Shakes Thailand’s Entertainment Complex
Maverick Consulting Group Maverick Consulting Group

Earthquake Fury Shakes Thailand’s Entertainment Complex

Thailand's government is advancing its Entertainment Complex bill, aiming to establish casino resorts to boost tourism. However, a recent earthquake has triggered public anger, with calls to prioritise disaster relief over gambling legislation. This seismic event has amplified existing expert warnings about the bill's rapid progression, potentially overlooking strategic, legal, and social implications, notably the prominent role of casinos. Public figures and the oppositions have criticised the perceived insensitivity of the government.

Cover Photo Credit: ThaiPBS

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Paetongtarn Survives Her First No-Confidence Vote Amidst Allegations
Maverick Consulting Group Maverick Consulting Group

Paetongtarn Survives Her First No-Confidence Vote Amidst Allegations

Prime Minister Paetongtarn Shinawatra has successfully navigated a vote of no confidence in the Thai Parliament. The motion, brought by opposition parties, centred on allegations of mismanagement amidst major economic downturn and the influence of her father, former PM Thaksin. Photo Credit: BBC News Thai

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Maverick Consulting Group Maverick Consulting Group

Public Opinion and Expert Views on Entertainment Complexes in Thailand

Thailand Casino Debate Heats Up: Public opinion, expert views clash on proposed Entertainment Complexes. House Speaker calls for public decision amid illegal gambling concerns. Polls show mixed support, citing tourism vs. ethical issues. Safari World CEO backs IRs for tourism boost. Key points: regulatory hurdles, ฿50M deposit, public hearings.

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