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Firms fear blacklist
Business, Nareerat Wiriyapong, Published on 29/03/2012
» Thailand risks being downgraded to a blacklist by the anti-money laundering Financial Action Task Force (FATF) within a year, say business leaders repeating their call for the government to immediately address the issue.Thailand's current "high-risk" status already threatens long-term impacts including reduced foreign direct investment, mergers and acquisitions, international trade, financial transactions, and tourism, noted business chiefs at a roundtable hosted by the Federation of Thai Industries (FTI).
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SCG grows with eye towards sufficiency
Business, Nareerat Wiriyapong, Published on 29/03/2012
» Siam Cement Group (SCG) is expanding carefully and prudently to avoid excessive risk and the sort of unbalanced growth that characterised corporate Thailand in the 1990s.
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