The bank needs to start its commercial banking operation within one year after receiving the approval and return its retail banking licence to the ministry on the start date of commercial banking.

	MCOT has appointed executive vice president Sura Gaintanasilp as its acting president for effective operation and business continuity.

	VIBHAVADI MEDICAL CENTER will launch a tender offer on October 26 to buy the shares of Chiang Mai Ram Medical Business for Bt46 apiece.

Company reports

Over 1,000 Thai protesters accuse World Bank and IMF of favouring the rich on October 15

Nongluck is a senior economic journalist covering the macroeconomics, real estate, and corporate investment strategies driving growth across Thailand and Southeast Asia.

Company reports

LAND AND HOUSES RETAIL BANK has received approval by the Finance Ministry to upgrade to a commercial bank, its parent said in a regulatory filing.

IMF to Thailand: Shield Indebted Households, Not Fuel Prices, as ASEAN Peers Pull Ahead

Thai Airways and LOT to expand Europe-Asia links with codeshare

IMF, World Bank launch 12-point Bangkok Blueprint on October 14