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Search Result for “assets”

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WORLD

Iranian warship sunk by US torpedo participated in Indian drill

Reuters, Published on 05/03/2026

» NEW ​DELHI: The U.S. ⁠attack on an Iranian warship in ​the Indian Ocean this week was the first time since World War Two that the ​United States has sunk an enemy vessel ‌with a torpedo. The following details are based on accounts from Sri Lankan, U.S. and Iranian officials of the March 4 incident, part of U.S. and Israeli attacks on Iran and its military assets.

WORLD

War in the Middle East: latest developments

AFP, Published on 05/03/2026

» Here are the latest main events related to the war in the Middle East:

WORLD

Singapore police announce arrest of 3 linked to alleged scam syndicate Prince Group

Published on 05/03/2026

» SINGAPORE - Singapore ⁠police ⁠have announced arrests of ​three Singaporeans as part of investigations into alleged transnational ​scam syndicate Prince Group ‌and its founder and chairman, Chen Zhi, who is in Chinese detention.

WORLD

US Senate backs Trump on Iran strikes

Reuters, Published on 05/03/2026

» WASHINGTON - US Senate Republicans backed President Donald Trump’s military campaign against Iran on Wednesday, voting ​to block a bipartisan resolution aiming to stop the air war and require ‌that any hostilities against Iran be authorised by Congress.

BUSINESS

Baht faces pressure from oil upswing

Business, Nareerat Wiriyapong, Published on 05/03/2026

» The baht could slide beyond 33 to the US dollar, with high volatility possible if the war in the Middle East is prolonged, forcing Thailand, a net oil importer, to pay a significantly higher import bill, according to Kasikorn Research Center (K-Research).

THAILAND

Red notice sought for 'Ben Smith'

News, Mongkol Bangprapa, Published on 05/03/2026

» Caretaker Prime Minister Anutin Charnvirakul has instructed police to coordinate with Interpol to seek a red notice for fugitive businessman Benjamin Mauerberger, also known as "Ben Smith", amid ongoing asset seizures.

OPINION

Risk of crisis growing more acute

Oped, Chartchai Parasuk, Published on 05/03/2026

» This article is a follow-up to my previous piece titled "Fiscal deficit will trigger 2026 crisis". In that article, I argued Thailand's heavy dependence on external liquidity, combined with the government's need for 860 billion baht annually to finance its deficits, would lead to a severe liquidity shortage and, ultimately, a financial crisis.

BUSINESS

Thai stock market recovers after trading halt

Nuntawun Polkuamdee, Published on 04/03/2026

» The war-induced sell-off in global stocks continued on Wednesday, with the Stock Exchange of Thailand (SET) having to halt trading at one point to allow nervous investors to take a breather.

WORLD

Singapore, Taiwan find more assets tied to accused scam kingpin

Published on 04/03/2026

» Authorities in Singapore and Taiwan say they have identified more than US$700 million worth of assets and illicit funds — a far larger sum than previously known — linked to Prince Group, founder Chen Zhi and others accused of running a transnational crime syndicate.

PROPERTY

Pruksa continues scaling back launches this year

Business, Kanana Katharangsiporn, Published on 04/03/2026

» SET-listed developer Pruksa Holding continues to scale back new residential launches this year, planning only seven projects worth a combined 8.2 billion baht as it shifts focus to clearing unsold inventory worth 66 billion baht and expanding recurring-income assets.