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Search Result for “money laundering”

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BUSINESS

Firms urged to use PromptPay

Business, Somruedi Banchongduang, Published on 15/03/2018

» The Bank of Thailand is emphasising PromptPay-based electronic payments for corporations in an effort to transform the country into a cashless society after the consumer-to-consumer (C2C) money transfer service has shown positive signs.

LIFE

Bank for International Settlements warns of crypto invasion

Business, Bloomberg, Published on 14/03/2018

» FRANKFURT: Digital currencies are a revolutionary tool that central banks should consider, but they remain far too risky to be used as legal tender any time soon, according to the Bank for International Settlements.

LIFE

Amazon luring Thais for sales to US

Business, Suchit Leesa-nguansuk, Published on 14/03/2018

» More opportunities are opening for Thai small and medium-sized enterprises (SMEs) as Amazon.com expands its footprint in business-to-business (B2B) e-commerce here as part of its Asean expansion outside of Singapore.

LIFE

Cabinet OKs digital asset draft decrees

Business, Chatrudee Theparat and Wichit Chantanusornsiri, Published on 14/03/2018

» The cabinet on Tuesday approved in principle the drafts of two royal decrees, one to regulate digital-asset-related transactions and another to amend the Revenue Code to let the tax-collecting agency impose levies on digital assets.

BUSINESS

JIBEX readies for cryptocurrency surge

Business, Nuntawun Polkuamdee, Published on 14/03/2018

» JIB Computer Group Co Ltd plans to launch JIBEX, a digital currency trading platform, in April, with first-year revenue generated from commission fees projected at 170 million baht.

BUSINESS

A spike in success

Business, Chatrudee Theparat, Published on 14/03/2018

» Udom Waranyurat remains enthusiastic, energetic and highly ambitious as he turns 60 this year.

LIFE

10% crypto levy mulled

Business, Wichit Chantanusornsiri and Nuntawun Polkuamdee, Published on 13/03/2018

» A possible 10% capital gains tax on investment gains in cryptocurrencies will seek cabinet approval today, says a source at the Finance Ministry.

LIFE

SCB to add remittance options

Business, Somruedi Banchongduang, Published on 13/03/2018

» Siam Commercial Bank (SCB) plans to expand cross-border remittance services through blockchain technology to euros and pound sterling by the third quarter of this year, after the service has gained traction.

BUSINESS

TPC optimistic about progress

Business, Suchat Sritama, Published on 13/03/2018

» Thailand Privilege Card Co (TPC), the operator of Thailand Elite Card, is betting it can make a profit for the first time in the next four years after being freed from political intervention.

BUSINESS

Experts throw weight behind SEC to handle digital assets

Business, Nuntawun Polkuamdee & Komsan Tortermvasana, Published on 09/03/2018

» The Securities and Exchange Commission (SEC) has received endorsement from financial experts to regulate all aspects of digital assets and virtual fund-raising when a royal decree is enacted to that effect.