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Search Result for “confiscated”

Showing 1 - 10 of 38

BUSINESS

Brazil sues China's BYD over 'slavery' conditions on build site

AFP, Published on 30/05/2025

» RIO DE JANEIRO - Brazilian prosecutors are suing Chinese electric car giant BYD and two contracting companies for human trafficking and alleged slave labour conditions at a build site, according to legal documents seen by AFP on Thursday.

BUSINESS

Taliban in talks with Russia, China for trade transactions in local currencies

Reuters, Published on 23/05/2025

» KABUL — The Taliban administration is in advanced talks with Russia for banks from both sanctions-hit economies to settle trade transactions worth hundreds of millions of dollars in their local currencies, Afghanistan's acting commerce minister said.

BUSINESS

Task force to probe inferior products

Business, Phusadee Arunmas, Published on 15/02/2025

» The Commerce Ministry has set up a task force to intensify market inspections of substandard products across the country.

BUSINESS

Auto loan segment volatile

Somruedi Banchongduang, Published on 20/01/2024

» Thailand's uneven economic recovery has affected some auto loan borrowers and increased default risk.

BUSINESS

Employers urge new debt measures

Business, Lamonphet Apisitniran, Published on 15/09/2023

» The new government should speed up efforts to reduce high household debt and help middle-income earners, not only farmers, as the former are also shouldering huge financial burdens, says the Employers' Confederation of Thai Trade and Industry (EconThai).

BUSINESS

Singapore seeks more laundering evidence

Bloomberg News, Published on 23/08/2023

» SINGAPORE: Police in Singapore are waiting for documents from at least nine financial institutions in their investigation into one of the biggest money laundering cases in the history of the city-state.

BUSINESS

Hire-purchase lenders call for rate hike

Business, Somruedi Banchongduang, Published on 11/07/2023

» The Thai Hire-Purchase Association (THPA) has asked the Office of the Consumer Protection Board (OCPB) to increase the maximum interest rate for hire-purchase loans as the business is being affected by rising rates.

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

Household debt, bad loans to hit finance firms

Business, Nuntawun Polkuamdee, Published on 24/06/2023

» Rising household debt and non-performing loans (NPLs) are going to hurt listed companies in leasing, hire-purchase and finance because they are drag on the economy and lower consumer purchasing power, says an analyst.

BUSINESS

Commerce Ministry steps up efforts to stamp out smuggling

Business, Phusadee Arunmas, Published on 22/06/2023

» The Commerce Ministry is intensifying its efforts to improve supervision of agricultural product imports to combat smuggling.