Thanks to the planned hike in capital from Bt57.6 billion to Bt72 billion, Krung Thai Bank believes that it will have enough financial muscle to serve non-Thai customers such as state agencies in Myanmar and Vietnam through future branches there.

Eight Thais arrested in Myanmar in July were taken to court on Wednesday to face charge of possessing war weapons, a crime with a maximum penalty of 20 years in jail.

Visa has taken its first steps towards entry into Myanmar with a series of training workshops to prepare selected local banks for the introduction of electronic payments as the country continues its economic and social reforms.

The government is trying to foster active cooperation among rice producers within Asean countries, said Yangyong Puangrach, Permanent Secretary for Commerce.