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Search Result for “fund transfer”

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THAILAND

Ex-minister Saksayam ‘cleared of false asset declaration’

Published on 14/03/2026

» The National Anti-Corruption Commission (NACC) has confirmed that a petition accusing former transport minister Saksayam Chidchob of deliberately filing a false asset declaration has been dismissed.

THAILAND

Thailand considers Russian crude imports

News, Published on 14/03/2026

» The Thai government is ready to purchase crude oil from Russia and has signalled plans to raise petrol prices after the diesel price cap ends on Monday, while officials have also moved to clarify concerns over rising refining margins.

BUSINESS

Centre flags war risk to Thai growth

Business, Kuakul Mornkum, Published on 14/03/2026

» A worst-case scenario for the Middle East conflict, which is war dragging on without a clear end, would reduce Thai GDP by 2.31 percentage points, according to the Center for Economic and Business Forecasting at the University of the Thai Chamber of Commerce (UTCC).

BUSINESS

Fading hopes of quick end to war depress stocks

Business, Published on 14/03/2026

» RECAP: Asian stocks retreated yesterday as dwindling hopes of a resolution to the war with Iran kept oil prices ‌aloft, though a US waiver allowing purchases of Russian crude helped keep a floor under losses.

OPINION

Stepping up against discrimination

News, Vitit Muntarbhorn, Published on 14/03/2026

» Amidst the global turmoil happening today, it is easy to yield to a sense of despair and despondency. Yet, there are positive changes at the national-local level which seem incremental at first glance, but which are, in reality, monumental; they act as a gentle palliative projecting hope. On this front, Thailand experienced a sense of elation a year ago, when the possibility of same-sex marriage became the norm in the country due to reform of the Thai Civil Code.

THAILAND

Thai crypto scandals shake investor trust

News, Published on 14/03/2026

» Two high-profile cryptocurrency scandals involving Worawat Naknawdee, a prominent digital asset investor, and Kampanat Vimolnoht, a former director linked to a venture capital arm of Kasikornbank, have sparked debate among Thai investors over trust, insider networks and risks in the fast-growing crypto market.

BUSINESS

Refiners assure oil supply adequate amid panic buying

Yuthana Praiwan, Published on 13/03/2026

» Thailand’s oil refiners have sought to allay public concerns by confirming that the country’s oil reserves remain sufficient despite reports of motorists rushing to filling stations in provincial areas.

BUSINESS

TCG provides B14.5bn in credit guarantees for SME loans

Business, Wichit Chantanusornsiri, Published on 13/03/2026

» In the first two months of this year, the Thai Credit Guarantee Corporation (TCG) provided credit guarantees worth 14.5 billion baht to small and medium-sized enterprises (SMEs), an increase of 4.4 times year-on-year, driven by government support measures.

BUSINESS

Oil forecasts rise as Mideast war rages

Business, Nareerat Wiriyapong, Published on 13/03/2026

» Analysts are lifting their oil price estimates for this year and 2027 amid transport disruption in the Middle East, even though the potential release of reserves by the G7 and the Organisation for Economic Co-operation and Development (OECD) could help temporarily alleviate supply pressures.

THAILAND

1,000 eager to return home

News, Poramet Tangsathaporn, Published on 13/03/2026

» Nearly 1,000 Thai workers in the Middle East have expressed a desire to return home amid the escalating regional conflict, according to the Ministry of Labour.