The Bank of Thailand feels upbeat about the country's economic growth in Q3. (Photo: bangkokpost.com)

Bank of Thailand upbeat about economic growth in Q3

Thailand’s economic growth in the third quarter is likely to improve from the second quarter’s reading, mainly thanks to positive tourism growth and the government’s economic stimulus measures, according to the Bank of Thailand.

Illustrative image (Source: internet)

Thai banks to apply facial recognition technology

The Bank of Thailand (BoT) is finishing the testing of facial recognition software for the electronic Know Your Customer (e-KYC) technology in the regulatory sandbox, paving the way for banks to offer passbook account opening through mobile banking apps in the second quarter of 2019.