Showing 1-10 of 20 results
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Vietnam seeks death for tycoon in $12bn fraud case
Reuters, Published on 19/03/2024
» HANOI - Vietnamese prosecutors called on Tuesday for the death penalty to be handed to Truong My Lan, the mastermind of the Southeast Asian nation's largest financial fraud on record, state media said.
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Trial begins in Vietnam's largest, multi-billion-dollar fraud
Reuters, Published on 05/03/2024
» HANOI: The trial in Vietnam's largest financial fraud case on record began on Tuesday, with nearly 90 defendants accused of being part of a $12 billion scam, for which some of them risk the death penalty.
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Thailand seeks more LNG supply
Reuters, Published on 16/03/2022
» A global energy crunch is sending liquefied natural gas (LNG) prices skywards, but Thailand needs to ramp up its purchases to offset a steep production fall at its largest gas field and as sanctions threaten supplies from Myanmar.
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Bank of Thailand urges banks to refrain from trading digital assets
Reuters, Published on 07/12/2021
» The central bank on Tuesday said it does not want commercial banks to be directly involved in trading digital assets, citing the risks stemming from high price volatility.
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SCB makes B18 bn acquisition in digital asset exchange Bitkub
Reuters, Published on 02/11/2021
» Thailand's oldest lender, Siam Commercial Bank Plc (SCBX) on Tuesday said it acquired a 51% stake in local digital asset exchange Bitkub for 17.85 billion baht.
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SCB shares at 25-month high on news
Reuters, Published on 23/09/2021
» Siam Commercial Bank saw its share price reach a 25-month high after markets opened on Thursday, following its announcement of a major restructuring plan and new venture capital fund with Charoen Pokphand Group.
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SCB, CP Group form venture fund seeking $800m
Reuters, Published on 22/09/2021
» The country’s third-largest lender Siam Commercial Bank Plc has set up a venture capital fund with top agro-industrial conglomerate, Charoen Pokphand Group, SCB said on Wednesday, as it announces major restructuring.
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SCB, AIS shares jump over online lending JV
Reuters, Published on 22/09/2021
» Shares in Thailand's third largest lender, Siam Commercial Bank Plc (SCB) jumped in morning trading on Wednesday, following its announcement of a joint venture with the country's top mobile network, Advanced Info Service Plc (AIS).
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Delivery startup Flash becomes first Thai 'unicorn'
Reuters, Published on 01/06/2021
» Thai logistics startup Flash Group on Tuesday reported its latest round of fundraising had generated $150 million (4.7 billion baht), which it said pushed its overall value beyond the $1 billion mark, reflecting a surge in e-commerce demand.
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PTT retail arm eyes up to B54bn in IPO
Reuters, Published on 14/01/2021
» PTT Plc, the country's largest oil-and-gas company, has priced an initial public offering (IPO) of shares in retail unit PTT Oil and Retail (PTTOR) to raise up to 54 billion baht, it said on Thursday ahead of what is expected to be among the country's largest listings this year.
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