BoT to promote financial literacy with TikTok

Thai central bank plans to develop educational resources with Chinese-owned video-sharing platform

Social media

The Bank of Thailand (BoT) on February 9 signed a memorandum of understanding with TikTok to promote financial literacy in the country.

In a statement, the central bank said its two-year agreement with the short-form video-sharing platform would focus on creating easily accessible knowledge resources for Thai citizens. 

“Communication through social media is developing rapidly and it has become part of the daily lives of most people,” said Chayawadee Chai-Anant, assistant governor of the BoT’s

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