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THAILAND

SEC issues warning on Binance's legality

News, Darana Chudasri, Published on 07/04/2021

» The Securities and Exchange Commission (SEC) is warning investors that Binance, an international cryptocurrency exchange based in Malta that accepts Thai baht deposits, is illegal in Thailand and has called on the company to open a dialogue with the regulator.

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THAILAND

Parsing the digital gamble

Business, Darana Chudasri, Published on 14/05/2018

» The cryptocurrency frenzy dominated the headlines in 2017 as investors were hooked when bitcoin's value skyrocketed from US$330 (10,524 baht) to around $7,500 (238,935 baht) in just 24 months, sparking a gold rush in the virtual world.

THAILAND

SEC cracks down on fraud

Business, Darana Chudasri, Published on 02/11/2017

» The Securities and Exchange Commission (SEC) has taken urgent action to deal with fraudulent listed companies by filing criminal complaints against involved executives, aiming to protect the interest of small shareholders.

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THAILAND

BEM to buy 35 more Blue Line trains

Business, Darana Chudasri, Published on 15/09/2017

» Bangkok Expressway and Metro Plc (BEM), the operator of expressways and mass rapid transit (MRT), is planning to purchase 35 new electric trains for the second phase of its Blue Line extension.

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THAILAND

Tisco buys SCBT's retail banking unit

Business, Darana Chudasri, Published on 23/12/2016

» Tisco Bank and its sister firm All-Ways Company have acquired the retail banking business of Standard Chartered Bank Thai (SCBT) in a deal worth 5.5 billion baht. The move is geared towards improving market positioning and product coverage.

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THAILAND

Firm stands by Chuwong stock transfer

News, Darana Chudasri, Published on 31/08/2015

» AEC Securities insists its procedure concerning the transfers of shares worth hundreds of millions of baht from the late billionaire Chuwong Sae Tang were in line with authorities' regulations.

THAILAND

Sacked workers rally at SET

Darana Chudasri, Published on 08/12/2014

» A group of workers laid off by SET-listed Mc Group Plc, producer of denim garments under Mc Jeans brand, rallied in front of the stock exchange on Ratchadapisek Road on Monday, demanding fair reinstatement.