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Search Result for “money laundering”

Showing 1 - 10 of 336

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BUSINESS

Casino colony

Asia focus, Published on 26/08/2019

» Cambodia's growing ties with China have made the latter by far the biggest and most influential investor in the country. Chinese money has been pouring in, particularly to the southern coastal city of Sihanoukville where Chinese-run casinos are mushrooming, with many more planned and a lot that also have online gambling operations.

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BUSINESS

Year of turbulence

Asia focus, Published on 31/12/2018

» Two unpredictable men with weird haircuts and access to nuclear weapons had a friendly chat in Singapore -- and that was just one of the many noteworthy stories of 2018. Elsewhere in Asia, we witnessed some surprising political developments (Malaysia) and not-so-surprising ones (Cambodia), along with what seemed to be a disturbingly high number of natural disasters. Many see the latter as a manifestation of the growing impact of climate change, and it's a debate that is bound to intensify in the year ahead. Below, Asia Focus looks back on the eventful year now ending.

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BUSINESS

Smart launderers, even smarter investigators

Published on 20/12/2019

» The development pace of new money laundering techniques is staggering. Fortunately, it doesn’t happen in a vacuum: new counter-measures are on the rise too.

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BUSINESS

LH founder surprised by DSI summons

Business, Published on 19/05/2017

» Land and Houses Plc (LH), one of the country's largest housing developers, is playing down the Department of Special Investment (DSI) summons of its founder and major shareholder, Anant Asavabhokin, to answer money-laundering charges over land sales tied to an embezzlement case.

BUSINESS

Uncage the fintech tigers in Thailand

Business, Published on 22/05/2018

» There is a long way to go before Asian financial technology tigers can roar on the global stage and Thailand is no exception. Innovation is moving fast and regulators are struggling to keep up, which means people in Thailand are missing out on useful fintech innovations that Europeans have been benefiting from for years: whether in money remittance, wealth management or business banking.

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BUSINESS

Healthcare data leaks a major problem, warns cyber expert

Business, Suchit Leesa-nguansuk, Published on 06/11/2021

» A cybersecurity expert has expressed concern about data leakage in the healthcare sector, from local hospitals to the ministerial level, following a series of major data leaks.

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BUSINESS

The Unforeseen Challenges of COVID-19

Published on 14/05/2020

» At the start of the new decade, not too many companies were expecting to face a challenge as large as COVID-19.

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BUSINESS

As graft fight goes high-tech, business engagement crucial

Asia focus, Erich Parpart, Published on 09/12/2019

» The willingness of governments to use technology to enhance transparency and a strategy to engage the private sector are crucial in the fight against graft, experts say.

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BUSINESS

ICOs get 30 extra days to inform SEC

Business, Wichit Chantanusornsiri, Published on 29/03/2018

» A draft version of a royal decree regulating transactions related to digital assets will grant issuers of initial coin offerings (ICOs) 90 days to inform the Securities and Exchange Commission (SEC) of their plans before the law takes effect.

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BUSINESS

Token gestures

Asia focus, Erich Parpart, Published on 30/04/2018

» Visa, the world's largest payment network, and archrival Mastercard are championing digital tokens as a new and safer option in Asia, where people under age 30 are the driving force toward rapid adoption of digital payment.