Showing 1 - 10 of 54
KBank touts shift towards riskier investments
Somruedi Banchongduang, Published on 02/10/2024
» Kasikornbank (KBank) is encouraging its high net worth depositors to shift towards portfolio investments in pursuit of better returns as interest rates begin a downward cycle.
Key suspect in Stark fraud arrives in Bangkok after Dubai deportation
Online Reporters, Published on 23/06/2024
» Chanin Yensudchai, one of the key suspects in the Stark Corporation embezzlement scandal, arrived in Bangkok on Sunday after he was deported from Dubai.
Key suspect in Stark fraud arrested in Dubai
Onnucha Hutasingh, Published on 22/06/2024
» Chanin Yensudchai, one of the key suspects in Stark Corporation embezzlement scandal, has been arrested in Dubai and will be deported on Sunday, according to a source familiar with the case.
Authorities nab Stark's acting CEO in financial misconduct case
Chairith Yonpiam, Published on 11/02/2024
» Stark's acting CEO Vonnarat Tangkaravakoon, suspected of being involved in the scandals that have rocked the corporation recently, was arrested on Saturday in a hospital where he had been admitted for medical treatment.
K-Asset establishes partnership with JPMAM
Business, Somruedi Banchongduang, Published on 11/01/2024
» Kasikorn Asset Management (K-Asset) is partnering with J.P. Morgan Asset Management (JPMAM) to expand its mutual fund business in the Thai market in line with the positive growth of the Thai wealth segment.
SMK Insurance barred from new customers
Post Reporters, Published on 17/12/2023
» The Office of Insurance Commission (OIC) had ordered SET-listed Syn Mun Kong Insurance (SMK) not to accept new applicants after the Central Bankruptcy Court revoked its rehabilitation petition.
Foreign firms selling baht bonds face new rules
Bloomberg News, Published on 08/12/2023
» Thailand plans to regulate the sale of baht-denominated bonds by foreign entities to shield local investors, a move that risks driving away borrowers from Laos and Myanmar.
Stark seeks to further delay report's deadline
Business, Nareerat Wiriyapong, Published on 19/07/2023
» Scandal-hit Stark Corporation is asking for a further delay in submitting its extended-scope special audit report, saying asset seizures by concerned agencies had disrupted the business and its filing to the Bankruptcy Court for capital and debt restructuring.
SEC confiscates assets of Stark
Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 08/07/2023
» The Securities and Exchange Commission (SEC) has moved to confiscate the assets of Stark Corporation, as well as those of the company's largest shareholder and some former executives allegedly involved in falsifying accounts, in addition to prohibiting them from travelling abroad.
SEC files charges against Stark Corp for misconduct
Business, Nareerat Wiriyapong, Published on 07/07/2023
» The Securities and Exchange Commission (SEC) has filed charges with the Department of Special Investigation (DSI), accusing Stark Corporation and nine others, including the company's largest shareholder, of financial misconduct.