Showing 1 - 10 of 155
Australian casino group fined US$290m for lax controls
AFP, Published on 31/05/2023
» SYDNEY: Australia's Crown Resorts is set to pay a civil penalty of A$450 million (US$290 million) for lax money laundering controls that saw cash being carried into a casino in paper bags, shoe boxes and suitcases.
The ins and outs of the 'must have' rule
Business, Komsan Tortermvasana, Published on 05/04/2023
» Though the initial goal of the "must have" rule was to ensure the Thai TV audience had access to popular global sporting events, the National Broadcasting and Telecommunications Commission (NBTC) has determined that the rule is causing more problems than benefits for the industry.
NBTC risks free World Cup coverage
Business, Komsan Tortermvasana, Published on 25/03/2023
» A special meeting of the National Broadcasting and Telecommunications Commission's (NBTC) board agreed in principle on Thursday to cancel the regulator's "must have rule".
Ng given 10 years in jail in 1MDB case
Business, Published on 11/03/2023
» Former Goldman Sachs banker Roger Ng was sentenced to 10 years in prison on Thursday, after he was convicted of helping loot billions of dollars from Malaysia's 1MDB sovereign wealth fund.
Crypto exchange Zipmex set for $100m buyout
Published on 02/12/2022
» The embattled cryptocurrency exchange Zipmex Asia is poised to be acquired by a venture capital fund for about US$100 million in digital coins and cash, one of the first rescues in Asia since a wave of defaults ripped through the sector.
China Evergrande winding-up lawsuit again adjourned
Bloomberg News, Published on 28/11/2022
» HONG KONG: China Evergrande Group, the world’s most indebted developer, said it expects to receive restructuring support from offshore creditors by as early as February, helping its plea to adjourn a winding-up hearing again.
Elon Musk and Twitter dig for evidence as trial looms
AFP, Published on 28/09/2022
» SAN FRANCISCO: Twitter and Elon Musk sparred in court on Tuesday, each digging for evidence to prevail in a high-stakes trial next month over the billionaire's bid to break his buyout deal.
KT, BMA to appeal skytrain debt ruling
News, Supoj Wancharoen, Published on 09/09/2022
» The board of Krungthep Thanakom Co (KT) is preparing to talk with the Bangkok Metropolitan Administration (BMA) about appealing a court ruling that ordered both parties to pay almost 12 billion baht in overdue debts incurred through the operation and maintenance of Green Line extensions.
BMA ready to appeal in debt case
News, Post Reporters, Published on 05/09/2022
» The Bangkok Metropolitan Administration (BMA) is ready to appeal the Green Line case if the Administrative Court rules in favour of Bangkok Mass Transit System Plc (BTSC) on Wednesday, according to Bangkok governor Chadchart Sittipunt.
Creditors okay revised THAI rehab plan
Online Reporters, Published on 01/09/2022
» Creditors of Thai Airways International (THAI) on Thursday approved a new rehabilitation plan in what the airline called a major step forward on its flight back to full recovery.