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Search Result for “temple funds”

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THAILAND

Two Bangkok monks charged with abusing novices

Wassayos Ngamkham, Published on 20/03/2026

» Two monks have been arrested at a well-known temple in the Charoen Krung area of Bangkok on charges of sexual abusing novice monks, with seven victims identified and over 100 explicit video clips seized as evidence.

THAILAND

Stricter checks for 5-million-baht withdrawals from April 1

Online Reporters, Published on 19/03/2026

» Financial institutions in Thailand will designate any cash withdrawal of 5 million baht or more in a single day as a high‑risk transaction from April 1, 2026, with customers required to provide clear explanations and supporting documents on the source and purpose of the funds.

WORLD

China 'willing' to work with Southeast Asia on energy security

Reuters, Published on 19/03/2026

» BEIJING — China is ​willing to strengthen ​coordination ‌and cooperation with Southeast Asian countries to address energy ​security issues ⁠arising from the war in ‌Iran, the Chinese foreign ministry said on ⁠Thursday.

BUSINESS

Oil tax cuts possible if subsidies get too pricey

Wichit Chantanusornsiri, Published on 18/03/2026

» Officials at the Ministry of Finance are preparing measures to reduce excise taxes on fuel, as well as draft legislation to allow the Oil Fuel Fund to borrow additional funds to stabilise domestic prices.

THAILAND

Social Security Fund breaches risk limit

Published on 18/03/2026

» Thailand’s 2.9-trillion-baht Social Security Fund urgently needs to reform governance and diversify its investments, two ​of its executives say, after a recent selloff triggered by ‌the Middle East conflict raised a warning about massive loss risks.

THAILAND

Jail sentence for ex-leader

News, Published on 18/03/2026

» Saraburi Provincial Court has sentenced Peerawit Ruangluedollaphak, former leader of the Tai Rak Tham Party, to five years in prison for embezzling party funds and assets for personal use, according to the Election Commission (EC).

BUSINESS

Thai stocks surge as outlook brightens on Mideast war

Business, Boonsong Lipimas, Published on 18/03/2026

» Stock markets are increasingly pricing in a more positive outlook for the Middle East war following recent signals from the US and oil prices stabilising, while the Thai government has stepped up petrol supply to ensure fuel security.

BUSINESS

Krungsri joins hands with Invesco on asset advisory

Business, Somruedi Banchongduang, Published on 18/03/2026

» Krungsri (Bank of Ayudhya) remains confident it can sustain growth in assets under management (AUM) for foreign investment funds (FIF), despite heightened global uncertainties.

THAILAND

Pilgrims injured when bus crashes in Cha-am

Published on 17/03/2026

» PETCHABURI - At least 15 passengers on a pilgrimage to a temple in Prachuap Khiri Khan were injured when their chartered bus ran off the road and struck two power poles in Cha-am, in Hua Hin district, on Tuesday morning. 

THAILAND

The Hidden Experts Behind Thailand’s Business Disputes

Published on 17/03/2026

» As Thailand’s economy becomes more complex and internationally connected, forensic accountants are playing a growing role in helping courts and businesses understand the financial reality behind disputes.