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Search Result for “fund transfer”

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THAILAND

Wat Rai Khing abbot gets 50 years for B2bn embezzlement

Post Reporters, Published on 21/04/2026

» The 70-year-old former abbot of Wat Rai Khing in Nakhon Pathom, Yaem Ingkrungkao, was on Wednesday sentenced to 50 years in prison in a high-profile temple funds fraud case that broke last year.

THAILAND

Taiwan Backs TIDLOR with 2 Billion Baht Investment at 50% Premium, 3.08% Stake

Published on 21/04/2026

» This is no ordinary deal. A recent market watch on TIDLOR revealed a big-lot transaction worth over 2 billion baht, totaling 89,237,069 shares, acquired by Hotai Finance Co., Ltd., a leading financial institution from Taiwan.

BUSINESS

Electric vehicles fuel Tisco auto loan growth in Q1

Business, Somruedi Banchongduang, Published on 21/04/2026

» Tisco Financial Group, the holding company of Tisco Bank, reported positive auto loan growth in Thailand in the first quarter of 2026, mainly driven by an increase in electric vehicle (EV) sales.

BUSINESS

Thai bond market under pressure as inflation fears increase

Business, Nuntawun Polkuamdee, Published on 21/04/2026

» Thailand's bond market is facing mounting pressure as surging oil prices fuel inflation fears, drive a sharp repricing of the yield curve, and accelerate foreign capital outflows, according to market participants.

THAILAND

People's Party plans May Day rally

News, Post Reporters, Published on 21/04/2026

» The People's Party (PP) has called on the public to mobilise at parliament on May 1, coinciding with National Labour Day, to submit its draft Social Security Bill and launch a campaign to "reclaim social security" for all citizens.

PROPERTY

War set to boost condo demand in major markets

Business, Kanana Katharangsiporn, Published on 21/04/2026

» Condominiums and rental homes in key destinations, including Bangkok, Phuket, Pattaya, Samui and Chiang Mai, are likely to benefit from migration from countries affected by the Middle East conflict, according to property consultancy Colliers Thailand.

BUSINESS

Families turn to insurance for inheritance planning

Business, Nuntawun Polkuamdee, Published on 21/04/2026

» Life insurance is emerging as a powerful solution for wealth transfer, enabling families to distribute inheritances fairly among heirs while preserving asset value and minimising tax burdens, according to Muang Thai Life Assurance (MTL).

BUSINESS

Budget tightened amid crisis focus

Business, Wichit Chantanusornsiri, Published on 21/04/2026

» Prime Minister Anutin Charnvirakul has ordered that the fiscal 2027 budget be aligned with current crisis conditions, prioritising cuts to non-essential spending and limiting requests for additional budget allocations by government agencies to investment spending only.

BUSINESS

CP All's virtual banking restructuring under scrutiny

Business, Published on 21/04/2026

» Thailand's retail giant CP All (CPALL) is facing intensifying scrutiny over its proposed restructuring plan to integrate three key subsidiaries into a virtual banking ecosystem, after independent directors formally opposed the move.

THAILAND

Government plans to borrow 500 billion baht

News, Mongkol Bangprapa, Published on 21/04/2026

» The government is preparing to issue an emergency decree to borrow 500 billion baht and raise the public debt ceiling, which would allow it to stabilise the country's fiscal position.