FILTER RESULTS
FILTER RESULTS
close.svg
Search Result for “confiscate”

Showing 1 - 10 of 11

BUSINESS

Parties vow to ban sales of cannabis

Business, Narumon Kasemsuk, Published on 15/01/2026

» Three political parties -- the People's Party, Democrat and Pheu Thai -- have pledged to put cannabis back on the narcotics list and allow its use only for approved medical purposes, while operators urged the future administration to eliminate foreign businesses using nominees and unfair competition from illegal businesses.

BUSINESS

Strengthening of SEC power facing delay

Business, Nuntawun Polkuamdee, Published on 21/10/2025

» The royal decree that would grant the stock market regulator the authority to submit case files directly to the public prosecutor, bypassing the police as an intermediary, may be indefinitely delayed, as it requires the approval of parliament, says the Stock Exchange of Thailand (SET).

BUSINESS

Ministry steps up nominee probe

Business, Phusadee Arunmas, Published on 22/05/2025

» The Commerce Ministry is accelerating its investigation into nominee businesses while aiming to finalise revisions to the 1999 Anti-Money Laundering Act within three months.

BUSINESS

Earthquake unlikely to damage Thai GDP

Business, Wichit Chantanusornsiri, Published on 01/04/2025

» The impact of last week's earthquake is unlikely to affect Thai GDP this year, says Deputy Finance Minister Paopoom Rojanasakul.

BUSINESS

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.

BUSINESS

MORE shares dip after asset seizure request

Business, Nuntawun Polkuamdee, Published on 11/02/2023

» Shares of More Return Plc (MORE) fell after the Anti-Money Laundering Office (Amlo) decided to confiscate 4.5 billion baht worth of assets from people involved in the company’s alleged fraudulent transactions in November last year.

BUSINESS

Landlords jittery over seizure risk

Business, Narumon Kasemsuk, Published on 23/08/2022

» Landlords in the hotel sector have raised concerns about the government's policy to confiscate vacant land which has not been utilised for 10 years as there are no proper schemes or environment-related laws from state authorities to help develop the land for public benefit.

BUSINESS

Observation tower on shaky ground

Business, Wichit Chantanusornsiri, Published on 15/07/2020

» The Bangkok Observation Tower Foundation, formed by major private business groups, has notified the Treasury Department of its request to cancel the lease contract to develop the much-touted Chao Phraya riverside observation tower.

BUSINESS

Government raked in only B23bn from digital TV licensees

Business, Komsan Tortermvasana, Published on 14/08/2019

» The state has earned slightly less than half of the 51 billion baht it is due after holding an auction for 24 digital TV licences in 2013, mainly because of a series of assistance and subsidies from the government, says the National Broadcasting and Telecommunications Commission (NBTC).

BUSINESS

Section 44 urged to untie digital TV

Business, Nanat Suchiva & Chatrudee Theparat, Published on 16/03/2018

» The government is expected to invoke its sweeping Section 44 powers this month to tackle the legal tangle with digital TV operators and help ease the financial burdens of the winners of the 2015 4G mobile licence auction on the 900-megahertz spectrum.