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Search Result for “money laundering”

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BUSINESS

Nvidia chief backs Thai ‘sovereign AI’ project

Suchit Leesa-nguansuk, Published on 04/12/2024

» Thailand can become the “land of artificial intelligence” (AI), creating an economic impact and enhancing national competitiveness, says Jensen Huang, the founder and chief executive of Nvidia.

THAILAND

1,000 arrests made in crackdown on proxies

Wassayos Ngamkham, Published on 04/12/2024

» More than 1,000 Thai and foreign nationals have been rounded up in a joint operation by police and commerce ministry authorities for the use of Thai nominees by foreign businesses over the past few weeks, authorities said on Wednesday.

THAILAND

African sex traffickers arrested

News, Online Reporters, Published on 04/12/2024

» Three Africans have been arrested on suspicion of being part of a gang known as "madam" that traffics women from Africa into prostitution in Bangkok.

WORLD

How a country’s economy was looted dry by politicians

New York Times, Published on 04/12/2024

» DHAKA - The new governor of Bangladesh’s central bank, Ahsan Mansur, calculates that about US$17 billion was looted from the country’s financial system by politicians in the 15 years before the government of Sheikh Hasina collapsed in August.

BUSINESS

Central bank head decries influx of Chinese goods

Business, Somruedi Banchongduang, Published on 04/12/2024

» The influx of Chinese goods has significantly affected Thailand's manufacturing growth and constrained loan expansion in the banking sector, says the Bank of Thailand's chief.

BUSINESS

Declining competitiveness, loan growth dent GDP outlook

Nareerat Wiriyapong, Published on 04/12/2024

» The deteriorating competitiveness of Thai automotive companies coupled with contracting loan growth and uncertainty regarding US president-elect Donald Trump's trade policies pose threats to the Thai economy next year, say economists who downgraded the nation's GDP growth outlook.

BUSINESS

Prima Marine sees better performance next year

Business, Yuthana Praiwan, Published on 04/12/2024

» SET-listed Prima Marine, a provider of marine transport as well as crude oil and petroleum product storage, expects a better performance next year, driven by long-term charter contracts and a focus on certain industry services.

OPINION

Exploiting the sacred

Postbag, Published on 04/12/2024

» Re: "Buddhism is always oddly political", (Opinion, Nov 29). 

WORLD

European police crack criminals’ messaging service

Reuters, Published on 03/12/2024

» AMSTERDAM - An encrypted messaging service that was used for international drug and arms trafficking has been taken down by European authorities, Europol said on Tuesday.

BUSINESS

Finance minister floats tax changes

Wichit Chantanusornsiri, Published on 03/12/2024

» Finance Minister Pichai Chunhavajira has floated the idea of increasing value-added tax (VAT), while reducing corporate and personal income tax rates to strengthen state revenue, drive national development, enhance competitiveness and address domestic disparities.