Showing 1 - 10 of 27
Singapore says banks pose highest laundering risk
Published on 20/06/2024
» SINGAPORE - The banking sector in Singapore, including wealth management, poses the highest money laundering risk in the city-state, the government said in a risk assessment report published on Thursday.
Ministry aims to purge bad loans from bureau blacklist
Business, Wichit Chantanusornsiri, Published on 17/06/2024
» The Finance Ministry plans to hold talks with the Bank of Thailand and National Credit Bureau (NCB) about ways to reduce non-performing loans (NPLs) resulting from the impact of the pandemic, known as Code 21 debtors, in a bid to remove them from the bureau's blacklist sooner so they can access credit.
Asian equities mixed despite gains in Japan
Business, Published on 15/06/2024
» RECAP: Asian equities were mixed on Friday, with Japanese shares surging following the Bank of Japan's decision to delay a reduction in bond buying. However, Chinese and Australian market weakness dragged down the overall MSCI Asia Pacific Index.
Scam losses ‘topped B60bn in last two years’
Published on 13/06/2024
» The Bank of Thailand is stepping up a crackdown on so-called mule accounts used in online financial fraud after bank customers lost more than 60 billion baht to such scams in the past two years.
Mule account owners for scam gangs arrested
Online Reporters, Published on 13/06/2024
» Three people accused of opening mule accounts for scam gangs have been arrested separately in Bangkok and two other provinces.
Police arrest crypto fraud couple
News, Published on 13/06/2024
» A couple has been arrested for opening proxy bank accounts to receive money from a fraudulent cryptocurrency investment gang.
Scam centre mule-accounts man arrested
Online Reporters, Published on 12/06/2024
» The owner of mule bank accounts used by a call centre gang to defraud a wealthy Thai woman out of 200 million baht has been arrested in Bangkok’s Nong Chok district, police said.
Loans, guarantees part of ‘Ignite’ vision
Published on 11/06/2024
» The cabinet on Tuesday approved a low-interest loan programme worth 5 billion baht to support the government’s “Ignite Thailand” vision and a credit guarantee fund valued at 50 billion baht to help small and medium-sized enterprises (SMEs) access credit.
8 suspected loan sharks arrested at Bangkok house
Wassayos Ngamkham, Published on 09/06/2024
» Police arrested eight people suspected of being loan sharks living under the same roof in Bangkok's Bang Khen district on Sunday.