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BUSINESS

Siam Commercial Bank's purchase of crypto exchange Bitkub stalled

Published on 01/08/2022

» A deal to sell a majority stake in Thailand’s largest crypto exchange to the nation’s oldest bank remains stuck in due diligence more than eight months after the plan was unveiled, according to the platform’s co-founder.

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BUSINESS

Bitkub hit with fines for breaking SEC coin listing rules

Business, Nuntawun Polkuamdee, Published on 07/05/2022

» The Securities and Exchange Commission's (SEC) Criminal Fining Committee has imposed fines on Bitkub Online (BO) and five members of its digital asset selection committee for non-compliance with the SEC's digital asset listing rules.

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BUSINESS

CEO Pay Increases and Heads for New Record as Pandemic Recedes

Business, Published on 05/04/2022

» Pay increases for U.S. chief executives have gained steam, putting compensation on pace to set a record amid a tight labor market that is also driving pay higher for many of their workers.

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BUSINESS

BoT eyes higher bank capital reserves

Business, Somruedi Banchongduang, Published on 25/03/2022

» The business groups of commercial banks planning to invest in digital asset businesses will have to keep sufficient capital reserves to handle possible risk, according to the central bank.

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BUSINESS

XPG pursues digital licences from SEC as firm reshuffles

Business, Nuntawun Polkuamdee, Published on 27/05/2021

» SET-listed XSpring Capital (XPG), formerly known as Seamico Securities Plc, is applying for licences for all digital asset businesses except a digital asset exchange with the Securities and Exchange Commission (SEC).

BUSINESS

Musk to Add 'Saturday Night Live' Host to His Résumé

Business, Published on 27/04/2021

» Elon Musk will soon be adding another unusual title to his résumé: Saturday Night Live host.

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BUSINESS

Tesla's 'Technoking' Musk Joins Long Line of Odd Job Titles

Business, Published on 17/03/2021

» Some business stars strive for the chief executive officer seat. Others shoot for the throne.

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BUSINESS

Licences required for digital asset fund managers, advisers

Darana Chudasri, Published on 15/02/2021

» The Securities and Exchange Commission (SEC) announced all operating digital asset fund managers and investment advisers are required to apply for licences by Feb 24 to continue their businesses.

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BUSINESS

GE Won't Try to Claw Back Jeff Immelt's Pay

Business, Published on 07/01/2021

» General Electric Co.'s board won't claw back compensation from former CEO Jeff Immelt and other executives over GE's accounting issues or Mr. Immelt's use of a backup corporate jet, ending a three-year probe into allegations of misconduct at the conglomerate.

BUSINESS

70% of SET firms ready for PDPA

Business, Nuntawun Polkuamdee, Published on 26/05/2020

» Some 70% of SET-listed companies are prepared for the Personal Data Protection Act (PDPA) related to capital market compliance, according to a survey conducted by the Securities and Exchange Commission (SEC).