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Search Result for “illegal loan”

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THAILAND

UOB, partners arrange record 28-billion-baht green loan for Thailand’s largest data centre

Published on 11/03/2026

» Bangkok, 6 March 2026 – UOB has led a consortium of five partner banks to jointly arrange a 28-billion-baht green term loan for DayOne Data Centres, supporting the development of one of Thailand’s largest and most scalable data centres. The financing will contribute to DayOne’s initial phase of the greenfield data centre at Chonburi Tech Park in Amata Industrial Park, with operations expected to begin in 2026. The development is DayOne’s inaugural data centre project in Thailand built off their strong foundation and portfolio across the region.

THAILAND

Russian woman arrested in Pattaya for illegal filler service

Amporn Sangkaew, Published on 11/03/2026

» PATTAYA — A 34-year-old Russian woman was arrested on Tuesday for allegedly operating an illegal filler clinic in this tourist city in Chon Buri province.

BUSINESS

Banks tighten digital checks to curb mule accounts

Business, Somruedi Banchongduang, Published on 11/03/2026

» Banks are tightening monitoring of digital transactions to prevent the use of mule accounts, as fraudsters shift their activities after stricter controls were imposed on conventional bank accounts.

THAILAND

Fugitive businessman sought in B76m crypto fraud

Wassayos Ngamkham, Published on 10/03/2026

» Police are pressing ahead with a case against fugitive businessman Worawat “Acme” Narknawdee, the husband of a TV actress, over a cryptocurrency investment scheme that has left dozens of victims out of pocket, with losses estimated at 76 million baht.

BUSINESS

Fiscal position ‘sufficient’ for fuel subsidies

Wichit Chantanusornsiri, Published on 10/03/2026

» The government is in good fiscal condition, with a buffer of 300 billion baht if it needs to guarantee loans for the Oil Fuel Fund for subsidies, according to the Ministry of Finance.

THAILAND

Thailand to send 284 tonnes of e-waste back to US

Published on 10/03/2026

» Thai customs authorities have confiscated 284 tonnes of electronic waste at Laem Chabang Port in Chon Buri, and are preparing to send the illegal shipment back to the United States where it originated.

THAILAND

Chinese-controlled coconut firms keeping Thai farmers poor

Wassayos Ngamkham, Published on 10/03/2026

» Police say that Chinese companies hiding behind Thai nominees illegally control aromatic coconut production in Ratchaburi province, hurt Thai farmers by keeping farm prices very low, and make huge profits from exports.

BUSINESS

Crisis seen as opportunity for Thailand

Business, Wichit Chantanusornsiri, Published on 10/03/2026

» The crises arising from geopolitics and geoeconomics may represent Thailand's last chance to adapt and seize new opportunities, according to caretaker finance minister Ekniti Nitithanprapas.

THAILAND

Govt ups wildfire battle

News, Published on 10/03/2026

» Natural Resources and Environment Minister Suchart Chomklin has ordered stronger nationwide measures to combat wildfires and haze, urging faster and better-coordinated operations as fires continue to threaten northern provinces.

BUSINESS

Bangkok Bank’s B2,000 e‑Savings minimum sparks outcry

Online Reporters, Published on 09/03/2026

» Bangkok Bank has come under heavy criticism after announcing a new requirement that all e‑Savings accounts must maintain a minimum balance of 2,000 baht from April 9, or customers will be unable to withdraw or transfer funds.