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Search Result for “money laundering”

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GENERAL

The lowdown on net errors and omissions

Business, Somruedi Banchongduang, Published on 27/09/2025

» The baht has continuously appreciated this year, with the Bank of Thailand attributing it primarily to a weaker dollar. Greater clarity in domestic politics lifted investor confidence, and Thailand's gold trade further supported the currency.

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GENERAL

TouristDigiPay digital asset scheme kicks off

Business, Nuntawun Polkuamdee, Published on 27/09/2025

» TouristDigiPay, a regulatory sandbox programme that allows foreign tourists to convert digital assets into baht to spend in Thailand, launched on Thursday with registration opening for digital asset and e-money operators, says the Securities and Exchange Commission (SEC).

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OPINION

Introducing the new cybercrime treaty

News, Vitit Muntarbhorn, Published on 27/09/2025

» Next month, a key Asean nation will host a raft of countries for the signing ceremony for a new cybercrime treaty. Its full (and rather wordy) title is: the "United Nations Convention against Cybercrime; Strengthening International Cooperation for Combating Certain Crimes Committed by Means of Information and Communications Technology Systems and for the Sharing of Evidence in Electronic Form of Serious Crimes".

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INVESTMENT

Thai PM Anutin promises regulatory reform

Business, Nuntawun Polkuamdee, Published on 26/09/2025

» The new government has vowed to implement measures ahead of the next election to restore confidence in the country's capital market, including a regulatory guillotine expected to cut corporate costs by 134 billion baht annually, lifting GDP growth by 0.89% per year.

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THAILAND

Senate shoots down casino bill

News, Aekarach Sattaburuth, Published on 24/09/2025

» The Senate has formally rejected the government's draft bill proposing the establishment of integrated entertainment complexes that include casinos, citing serious concerns over social impact, economic disruption and national security.

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GENERAL

Balance-sheet errors ‘not linked to baht surge’

Published on 23/09/2025

» Net errors and omissions in the country’s balance of payments were not a factor driving the baht’s appreciation against the US dollar, as they indicated a continued downward trend, according to the Bank of Thailand.

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GENERAL

Team to probe money flows linked to baht

Published on 22/09/2025

» A special team has been established to investigate money flows potentially linked to baht movements, with operations set to begin immediately after the new government is sworn in.

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GENERAL

Innocent victims of the mule crackdown

Business, Somruedi Banchongduang, Published on 22/09/2025

» In recent days, public complaints have surged over the suspension of money transfers and payments via digital platforms, largely linked to authorities' crackdown on mule accounts.

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OPINION

The baht's troubling rise

Oped, Editorial, Published on 22/09/2025

» The Thai baht, since the beginning this year, has appreciated nearly 8% against the US dollar. Such an escalation makes baht the strongest among Asian currencies. While a rapid currency appreciation should have been taken a signal of economic strength, the underlying realities paints a far more complex and worrying situation.

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THAILAND

Senate to mull casino bill report

News, Post Reporters, Published on 22/09/2025

» The Senate will debate a committee report opposing the previous government's casino-entertainment complex bill tomorrow, Senate Speaker Mongkol Surasajja says.