New law due as electronic spending soars. From: Bangkok Post (Bangkok, Thailand) | Date: February 24, 2006 | COPYRIGHT 2006 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

Byline: Darana Chudasri

Feb. 24--A new law on electronic payment is expected to go before the cabinet for approval next month.

The new draft, completed last September, will outline a legal framework for electronic services such as time stamps, electronic money transfers or payments, e-security and online services.

Saowanee Suwannacheep, an adviser for the Bank of Thailand and director for the Payment Systems Committee, said the new law would enhanc...

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