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BUSINESS

SEC confiscates assets of Stark

Business, Published on 08/07/2023

» The Securities and Exchange Commission (SEC) has moved to confiscate the assets of Stark Corporation, as well as those of the company's largest shareholder and some former executives allegedly involved in falsifying accounts, in addition to prohibiting them from travelling abroad.

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BUSINESS

Man with a mission

Business, Somruedi Banchongduang, Published on 08/07/2023

» Household debt should be a national agenda item and legal support is required to manage the problem comprehensively, says Piti Tantakasem, chief executive of TMBThanachart Bank (ttb), in an exclusive interview with the Bangkok Post.

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BUSINESS

SCB X says virtual bank will meet BoT's requirements

Business, Somruedi Banchongduang, Published on 08/07/2023

» SCB X, the financial technology conglomerate and holding company of Siam Commercial Bank (SCB), believes its planned virtual bank will comply with the central bank's requirements amid competition for the new banking licence.

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BUSINESS

Regulator seeks opinions on new power tariff rates

Business, Yuthana Praiwan, Published on 08/07/2023

» The Energy Regulatory Commission (ERC) is gathering public opinion on its three choices for new power tariff rates before selecting one to determine electricity bills between September and December.

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BUSINESS

Asian shares fall as rate-hike bets increase

Business, Published on 08/07/2023

» RECAP: Asian stocks slid yesterday to cap a busy first week of the quarter for financial markets, with the dollar standing tall and bonds tumbling as resilient US jobs data has investors bracing for interest rates to head higher still.

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BUSINESS

All eyes on the new government

Business, Published on 08/07/2023

» We believe domestic politics will dominate the SET index direction in July as the new government takes shape, with the first vote to select the prime minister just days away.

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BUSINESS

Chinese tech firms handed massive fines

Published on 07/07/2023

» BEIJING: Chinese regulators said on Friday they had fined the fintech giant Ant Group almost $1 billion for “illegal acts” and handed an affiliate of rival Tencent a $415-million penalty, adding that a long-running crackdown on technology companies was drawing to a close.

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BUSINESS

Public feedback sought on new power tariffs

Yuthana Praiwan, Published on 07/07/2023

» The Energy Regulatory Commission (ERC) is gathering public opinion on three possible options for new power tariff rates before selecting one to determine electricity bills between September and December.

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BUSINESS

Maritime industry agrees on carbon-reduction target

AFP, Published on 07/07/2023

» LONDON: The International Maritime Organization, overseer of the highly-polluting shipping industry, sealed a landmark deal Friday to improve its target to cut carbon emissions but green campaigners said it fell far short.

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BUSINESS

Don’t miss out on the event of the year for the latest Taiwan Innovations & Products @ Taiwan Expo

Published on 07/07/2023

» The “Taiwan Excellence Pavilion” is back this year at the Taiwan Expo, bringing together over 28 exhibitors and 64 highlight products, direct from Taiwan to present the latest innovative products, solutions, and technologies focused on green energy.