Bangkok (VNA) – Thailand’s banks are making efforts to developtechnolo🐲gical infrastructure to prevent cybercrime in the sector.
From thebeginning of this year, Thailand's financial sector has reported 308 ransomware cases, while the manufacturing sector recorded 182 cases, telecom 70 cases, and the healthcaresector 42 cases. KittiKosavisutte, the honorary adviser to the Thailand Banking Sector ComputerEmergency Response Team (TB-CERT), a group of financial institutions under theThai Bankers' Association (TBA), said that ten leading industries in Thailandhave been affected by ransomware with 1,910 cases this year. TB-CERT,in collaboration with several organisations, the government, and the privatesector, has been developing and upgrading security systems to preventcybercrime. Kittisaid that the banking industry is attentive to preventing cyber risks on mobilebanking platforms following cyber-attacks as digital banking usage increases. Accordingto TBA's cybersecurity guidelines for mobile banking services, banks haveembedded detection systems to reject fake mobile applications. Mobile bankingusers also need to accept some digital risk themselves, he said. Kittisuggested that mobile banking users should download mobile apps throughofficial operating systems such as the Play Store or App Store directly ratherthan apps from unknown links.
Kittisaid that the TBA is setting up the Central Fraud Registry to probe financialfraud in the banking industry, especially the use of nominee deposit accounts.
Banksplan to share details of such fr▨audulent accounts with the registry's datacentre to reduce financial risks.
To avoidfraudsters, users should change their data on mobile banking apps, use airplanemode on phones, or take advantage of banks' call centres to get suitableadvice. The ThaiGovernment has approved an emergency decree on preventing technology crimes,which deals with the deposit account nominee problem. The decree is expected tobe enforced this month./.
The Thai Government affirmed that the Cybersecurity Act, recently approved by the National Assembly, was intended to protect networks from cyber attacks and would not enable state surveillance or violate rights.
The Ministry of Information and Communications (MIC) has issued a plan to enhance the capacity of relevant agencies in supervision, inspection, handling of administrative violations and the prevention and combat of law violations and cyber crimes in the internet environment in Vietnam.
Malaysian Minister of Home Affairs Hamzah Zainudin on March 29 called for cooperation at the regional and national level to effectively combat cybercrime.
The DES Ministry will seek cooperation from social media platforms to prevent the spread of fake news and monitor accounts related to such activities, he told reporters after chairing a meeting of the newly established Anti-Fake News Centre (AFNC).
The Joint Standing Committee on Commerce, Industry and Banking identified the US tariff reduction as a significant driver behind the improved economic outlook for Thailand.
Financial institutions and financial technology (fintech) players are intensifying their focus on expanding across the Association of Southeast Asian Nations (ASEAN), adopting tailored strategies to strengthen their presence in the region’s digital financial services landscape.
Featuring a permanent exhibition area, the ASEAN Hall will function both as a cultural showcase and as a dynamic venue for ASEAN-related events and programmes. Its inauguration on ASEAN Day added symbolic weight, marking a fresh milestone in ASEAN–RoK relations.
Thailand’s Ministry of Commerce and rice exporters are devising strategic plans to boost rice exports amid global market fluctuations, focusing on key markets and adjusting output.
The focus of the upcoming ASEAN Summit in October will be on strengthening economic relations through intra-regional trade and investment, as well as regional initiatives on energy networks and connectivity.
Indonesian Ambassador Rina P. Soemarno, who currently serves as Chair of the ASEAN Committee in Prague, emphasised the spirit of regional solidarity and cooperation, and the importance of enhancing ASEAN–Czech Republic relations.
The Indonesian Government is determined to seize opportunities to enhance the competitiveness of national agricultural products, an official has said, adding that it always strives to promote exports at the highest possible level, based on a mutually beneficial foundation.
Finance Minister Pichai Chunhavajira has outlined a six-point strategy to promote innovation, support small and medium-sized enterprises (SMEs), and push for Thailand's removal from the US Trade Representative (USTR)’s special 301 Watch List regarding intellectual property rights protection among trading partners.
Vietnamese Ambassador to Israel Ly Duc Trung emphasised ASEAN’s central role in regional mechanisms such as the ASEAN Regional Forum (ARF) and the East Asia Summit (EAS), highlighting its significant contribution to promoting peace, stability, and prosperity in Southeast Asia.
The consumer index of the University of the Thai Chamber of Commerce (UTCC), fell to 51.7 in July from 52.7 in the previous month. The sluggish economy and the trade war, as well as high living costs, continue to undermine confidence, the university said.
Deputy Speaker of the Hungarian National Assembly Istvan Jakab expressed his hope for further deepening Hungary’s ties with ASEAN countries and called for their support for Hungary’s accession to the Treaty of Amity and Cooperation in Southeast Asia.
The 30-storey tower crumbled seconds after a 7.7-magnitude earthquake hit neighbouring Myanmar on March 28. The partially built high-rise, meant to house the State Audit Office (SAO), was the only building in Thailand to collapse, killing 89 people on the site, mostly construction workers.
Indonesia’s waste generation is projected to exceed 50 million tonnes in 2025. Of the total, more than 20 million tonnes could potentially enter the ocean through rivers, coastal areas, small islands, ports, and marine activities, and thereby, pose a risk to coastal ecosystems and marine biota.
Indonesia is accelerating plans to increase lithium imports, particularly from Australia, in a bid to fill gaps in the electric vehicle (EV) battery supply chain and realise its ambition of becoming a global EV manufacturing hub.
Malaysia’s gross expenditure on R&D (GERD) reached 1.01% of gross domestic product in 2022, a notable increase, with more than 51% contributed by the industry sector. The country is targeting GERD to reach 2.5% by 2030, in line with the national goal of transforming into a high-technology nation.
The facility was established in response to a growing shift in the Filipino labour force from the Middle East to Japan, where workers are seeking safer working environments.
In the latest Indonesia-US trade agreement in July, the US administration agreed to reduce the reciprocal tariff, which was initially set at 32% by US President Donald Trump last April, to 19%.
Real estate agency ERA Singapore estimated that there are 2,703 condo developments in Singapore today, of which 836 or 31% are at least 30 years old. In 10 years, this number is expected to climb to 1,160, assuming none is sold en bloc.
Illustrative photo (Photo: vtv.vn) 
