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Thailand Reduces Money Protection in Thai Banks – Is Your 800,000 Baht Retirement Proof of Income Protected?

Thailand Reduces Money Protection in Thai Banks – Is Your 800,000 Baht Retirement Proof of Income Protected?

Individual depositors (Thais or foreigners) are automatically protected upon opening a deposit account with a Thai financial institution, as set in the Deposit Protection Agency Act. From August 11, 2021, and onward. Thai banks are to provide deposit insurance or deposit protection for only 1 million baht, per individual account holder in one financial institute. […]

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Thailand News: Sun Lotion Ban

Thailand News: Sun Lotion Ban

Thailand has banned sunscreens containing chemicals that damage coral from all of its marine national parks. The Thai Department of Conservation said four ingredients commonly found in sun creams were shown to destroy coral larvae, obstruct coral reproduction and cause reef bleaching. Anyone using sun lotion in Thailand’s many marine national parks can be fined […]

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