Showing 1 - 8 of 8
Finansia X rejects money laundering claim
Business, Published on 15/11/2025
» The SET-listed investment bank Finansia X (FSX) has denied allegations that the company and its executives are linked to a money laundering network, saying such media reports are false.
Tackling a national scourge
Business, Post Reporters, Published on 27/10/2025
» Thailand plans to rev up efforts to crack down on rampant online scams, which are a menace not only to Thailand but also the global economy. Efforts include improving existing regulations and cooperating with other countries to suppress scams.
Firms linked to CAI feel the heat
Business, Published on 25/10/2025
» Two Thai listed companies with Capital Asia Investments (CAI) as a major shareholder have come under pressure following reports linking the Singapore-based fund to alleged money laundering and scam-related transactions.
Medium-term fiscal plan set to be revised
Business, Wichit Chantanusornsiri, Published on 26/09/2025
» The government is preparing to revise the medium-term fiscal plan and set out a fiscal consolidation framework to sustainably reduce the deficit, with the deficit expected to gradually decline after 2026.
Shares advance as more US rate cuts expected
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 13/09/2025
» RECAP: Asian share markets followed Wall Street higher on Friday as expectations for as many as three US interest rate cuts by year-end promised to lower borrowing costs globally, a relief to stressed bond markets and a drag on the dollar.
Thai banks told to focus on tech as returns wane
Business, Somruedi Banchongduang, Published on 03/04/2024
» Thai banks are being urged to ramp up their technology transformation efforts to enhance their income after a study found they had the lowest return on equity (ROE) ratio in the region, despite maintaining strong competitiveness compared with their regional peers.
KTB chief to impose discipline
Business, Wichit Chantanusornsiri, Published on 07/01/2019
» Krungthai Bank's board of directors has delegated KTB chief executive Payong Srivanich to take responsibility for proceeding with disciplinary actions against several of the bank's executives and employees who were found to be implicated in extending loans to Energy Earth Plc.
Probe finds Energy Earth fouls
Business, Somruedi Banchongduang and Darana Chudasri, Published on 25/10/2018
» The outcome of Krungthai Bank's (KTB) probe on loan extensions to Energy Earth Plc (EARTH) has found wrongdoers at both operating and management levels, says bank chairman Ekniti Nitithanprapas.