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GENERAL

Agency seeks allies to take down scams

Business, Suchit Leesa-nguansuk, Published on 08/01/2024

» The National Cyber Security Agency (NCSA) is seeking an alliance to urge Meta, the parent of Facebook, to implement stronger measures to handle scam advertising on the platform.

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GENERAL

Thailand asks US to restore trade perks

Phusadee Arunmas, Published on 06/01/2024

» The government has urged the United States to restore Generalized System of Preferences (GSP) trade benefits and remove the country from its watch list for intellectual property (IP) enforcement, according to Deputy Prime Minister Phumtham Wechayachai.

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What's in store for 2024

Business, Published on 30/12/2023

» From the planned licensing of virtual banks to the continued rise of lifestyle-related businesses, this is what consumers can expect in 2024.

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GENERAL

New York Times sues AI giant

Published on 27/12/2023

» NEW YORK - The New York Times is suing OpenAI and Microsoft, accusing them of using millions of the newspaper’s articles without permission to help train artificial intelligence technologies.

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GENERAL

SEC accuses former Stark executives of insider trading

Post Reporters, Published on 27/12/2023

» The Securities and Exchange Commission (SEC) has accused three former executives of Stark Corporation of insider trading for selling its shares before the release of suspicious data.

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A year of milestones

Business, Post Reporters, Published on 26/12/2023

» As 2023 concludes, the year stands out for a multitude of noteworthy events and news.

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GENERAL

Global economy slows down, affecting oil prices

Published on 21/12/2023

» Oil prices have decreased following the global economic slowdown, despite OPEC+ members jointly announcing a reduction in oil supply to support prices. The price of ICE Brent crude oil in the 4th quarter of 2023, from October 1st to December 6th, averaged $84.6 per barrel, a decrease from the 3rd quarter average of $85.9 per barrel. This decline is attributed to concerns over the weakening global economy, leading to a continuous slowdown in demand. Recently, S&P Global Platts reported the Manufacturing Purchasing Managers' Index (PMI) of the United States, Europe, and China for November 2023 as 49.4 points, 44.2 points, and 49.4 points, respectively. An index below 50 points indicates a contraction in the manufacturing sector of these regions.

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GENERAL

True complies with NBTC's conditions

Business, Komsan Tortermvasana, Published on 20/12/2023

» True Corporation has complied with the conditions set by the National Broadcasting and Telecommunications Commission (NBTC) for consumer protection, according to officials.

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Singapore bank sues money laundering suspect for $15 million

Bloomberg News, Published on 01/12/2023

» SINGAPORE - Oversea-Chinese Banking Corporation (OCBC) has sued a suspect involved in Singapore's biggest money laundering case, marking the first known case of a lender in the city-state taking action to recover losses.

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Binance to pay billions in US in money laundering case, CEO resigns

AFP, Published on 22/11/2023

» WASHINGTON - Binance chief executive Changpeng Zhao pleaded guilty Tuesday to US money laundering violations, in a deal that will see the cryptocurrency exchange he founded pay over $4 billion in penalties.