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Loan servicing, often seen as the dull side of lending, is the backbone of banking operations and needs urgent modernization. Amid global tensions, inflation, and rising risk, legacy systems fall short. AI and automation are now essential for real-time monitoring, flexible terms, and efficient risk management in corporate banking.
The “Innovative Bangkok • Global Business Districts Exchange” concluded on June 14, uniting Bangkok and Beijing officials with global business leaders. Marking 50 years of China–Thailand ties, the event promoted innovation and collaboration between Pathumwan and Beijing CBD. Delegates also visited key Bangkok business hubs to foster future cooperation.
Thailand’s labour market is under strain as over 24,000 SMEs and 1,234 factories face closure, warns the World Bank. A lack of innovation and rising global competition are key challenges. Urgent reforms are needed to boost productivity and keep the country competitive in the evolving global economy.
Thailand’s Transport Ministry will require all ride-hailing services, including Grab taxis and motorbikes, to register under a new digital platform law within 90 days. The move seeks to create fairness between app-based and traditional taxis. New rules will ensure driver licenses, vehicle registration, and fare standards comply with law, while tightening oversight and improving public…
Bangkok has surged to 7th place in the 2024 ICCA Global Rankings for international conference destinations—up from 15th in 2023—affirming Thailand’s position as a rising global MICE (Meetings, Incentives, Conferences, and Exhibitions) powerhouse. The announcement was made at IMEX Frankfurt 2025, based on data from the International Congress and Convention Association (ICCA).
