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Search Result for “money laundering”

Showing 1 - 10 of 91

BUSINESS

InTouch volatility expected

Business, Darana Chudasri, Published on 03/08/2021

» Gulf Energy Development's (GULF) tender offer for the shares of InTouch Holdings (INTUCH) is scheduled to end tomorrow and may cause the share prices of INTUCH and Advanced Info Service (ADVANC) to fluctuate in the short term, say analysts.

BUSINESS

SET recovers as Covid measures are unveiled

Business, Darana Chudasri, Published on 10/07/2021

» Despite pressure from the government's fresh batch of Covid control measures and a new record high for daily infections, the SET Index still gained yesterday, closing at 1,552.09 points, up 8.42 points or 0.55%.

BUSINESS

Experts urge portfolio rejig

Business, Darana Chudasri, Published on 10/06/2021

» Investment experts recommend raising the weight of equities from developed markets to 20% from 15% to offset the impact of an upcoming quantitative easing (QE).

BUSINESS

SEC seeks to regulate decentralised finance

Business, Darana Chudasri, Published on 01/06/2021

» Activities related to decentralised finance (DeFi) projects which involve digital coin issuance may require a licence from the regulator in the near future, the Securities and Exchange Commission (SEC) announced.

BUSINESS

Blockchain regulation a tough task despite great potential

Business, Darana Chudasri, Published on 31/05/2021

» Utility tokens and blockchain innovations could cut business operation costs and become a new way of doing business for listed companies in the capital market, however the disclosure method for coin issuance remains a challenge for regulators as it can be arbitrarily announced on other platforms that are not authorised.

BUSINESS

Bitcoin tumbles to a four-month low at B1.22mn

Business, Darana Chudasri, Published on 20/05/2021

» Bitcoin tumbled to a four-month low price of US$38,717.16 or 1.22 million baht at 2pm yesterday after a massive selloff, down over 38% from its all-time high of about $65,000 or 2.1 million baht in mid-April while gold -- the safe haven king -- shines amid US inflation fears.

BUSINESS

Corporate bond issuance to surpass B750bn target

Business, Darana Chudasri, Published on 19/05/2021

» Corporate bond issuance is expected to exceed the market's target of 750 billion baht this year because of excess liquidity in global money markets and readiness of financial intermediaries to comply with social distancing measures and remote work, says Ariya Tiranaprakit, deputy managing director of the Thai Bond Market Association (TBMA).

BUSINESS

ID check required for new crypto accounts

Business, Darana Chudasri, Published on 03/05/2021

» Opening of new cryptocurrency accounts may slow in the second half of this year as the Anti-Money Laundering Office (Amlo) announced local digital exchanges must verify their customers' identities through a "dip-chip" machine that requires clients to be physically present.

BUSINESS

Leading the digital assets revolution

Business, Darana Chudasri, Published on 01/05/2021

» As the price of bitcoin skyrocketed this year, new and experienced investors flocked to exchanges to cash in on the latest market upswing.

BUSINESS

April sees surge in retail cryptocurrency traders

Business, Darana Chudasri, Published on 22/04/2021

» The number of retail cryptocurrency traders in Thailand continues to skyrocket with 24,000 new accounts created in one week in April following the Securities and Exchange Commission's (SEC) approval for Bitkub to resume accepting new accounts.