‘Boom’ to bust: How Thailand’s charity angel fell from grace
Thai central bank says financial institutions are prepared to deal with the cyber threats
FTI urges businesses to boost efficiency as energy price continue to rise
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AI In-brief25 Sept 12:28
FTI urges businesses to boost efficiency as energy price continue to rise
The Federation of Thai Industries (FTI) advises domestic businesses to optimize logistics and energy efficiency to manage long-term costs amidst volatile global oil prices driven by Middle East conflicts.
Persistent high diesel prices threaten the entire supply chain, posing severe strain on raw material transport, manufacturing, and distribution, particularly impacting vulnerable SMEs and logistics firms.
Businesses should implement internal cost management strategies, including adopting digital energy systems, investing in solar rooftops, maintaining machinery, and leveraging backhaul systems for logistics.
The FTI offers support to members for clean technology and cost-cutting, while also urging the government to provide targeted incentives like low-interest loans and tax privileges for SMEs.
AI In-briefToday 15:56
Thai central bank says financial institutions are prepared to deal with the cyber threats
The Bank of Thailand (BOT) instructs domestic financial institutions to boost preparedness, conduct emergency drills, and closely monitor for cyberattacks, despite no incidents reported so far.
BOT convened key financial sector bodies, including the Thai Bankers’ Association, to strengthen preventive measures, enhance information sharing, and assess risks against potential cyber threats.
Siam Commercial Bank (SCB) highlights its 24/7 Security Operations Centre, actively safeguarding customer information and transactions from increasingly complex, AI-driven cyber threats.
Prime Minister Anutin Charnvirakul chaired a national meeting with security and cybersecurity agencies to discuss strategies for coping with evolving cyber threats on a national level.