Showing 1 - 10 of 30
Online fraud crackdown making headway
Business, Komsan Tortermvasana, Published on 03/05/2024
» Damage from online fraud tallied 110 million baht per day in April, down 26% from 149 million baht per day in March, thanks to concerted efforts by authorities to crack down.
Binance founder gets 4 months in US prison
Published on 01/05/2024
» SEATTLE - Changpeng Zhao, the former chief executive of Binance, was sentenced on Tuesday to four months in prison after pleading guilty to violating US laws against money laundering at the world’s largest cryptocurrency exchange.
Asian shares get lift from US tech results
Business, Published on 27/04/2024
» RECAP: Asian shares rose yesterday, led by tech firms after strong earnings reports from Microsoft and Alphabet on Wall Street. But investors are becoming resigned to the idea that US interest rate cuts are probably many more months away.
US seeks to jail Binance founder
Published on 24/04/2024
» NEW YORK - Changpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange, should serve three years in prison after pleading guilty to violating laws against money laundering, US prosecutors said on Tuesday.
Online scam crackdown focuses on P2P crypto channel
Business, Komsan Tortermvasana, Published on 11/04/2024
» State authorities working to suppress online scams have joined forces, pushing for the development of rules to supervise the purchase and sale of cryptocurrencies on a peer-to-peer (P2P) basis.
Betting on the future
Business, Published on 08/04/2024
» Casino legalisation resurfaced as a political issue last month after the House of Representatives supported a study by a panel of lawmakers to allow casinos as part of large entertainment complexes, eager to gain estimated revenue of 440 billion baht per year.
US and China ‘to discuss EV overproduction’
Published on 06/04/2024
» The United States and China have agreed to launch talks on “balanced growth” in their domestic economies as well as globally.
Singapore jails money launderer for 13 months
Published on 02/04/2024
» SINGAPORE - The first person to plead guilty in the biggest money-laundering case in the history of Singapore has been sentenced to 13 months in jail.
Thailand gains access to XTransfer platform
Business, Suchit Leesa-nguansuk, Published on 28/03/2024
» XTransfer, a Chinese fintech unicorn, has expanded its business-to-business (B2B) cross-border trade payment platform to Thailand to capitalise on global trade conducted by small and medium-sized enterprises (SMEs).
National AI strategy outlines 6 projects
Business, Suchit Leesa-nguansuk, Published on 11/03/2024
» Building an artificial intelligence (AI) workforce and the creation of a Thai large language model (ThaiLLM) are among the six proposed flagship projects under the second phase of the national AI strategy and action plan.