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Search Result for “money laundering”

Showing 31 - 40 of 259

BUSINESS

Stock Exchange of Thailand to enjoy Lunar New Year boost

Business, Nuntawun Polkuamdee, Published on 22/01/2025

» Increased spending during the upcoming Chinese New Year is expected to lift the Stock Exchange of Thailand (SET), benefiting stocks in the transport, agriculture, communication and retail sectors, says Krungsri Capital Securities (CNS).

BUSINESS

SEC seeks opinion on adopting stricter margin loan rules

Business, Nuntawun Polkuamdee, Published on 07/01/2025

» The Securities and Exchange Commission (SEC) is tightening the criteria for margin loans, aiming to strengthen risk management among securities companies and reduce price volatility in the securities market.

BUSINESS

Merkle Capital is bullish on crypto

Business, Nuntawun Polkuamdee, Published on 06/01/2025

» Merkle Capital, a Thai digital asset management firm, expects broader adoption of cryptocurrencies this year, with Bitcoin a cornerstone given its institutional appeal.

BUSINESS

Unwinding the Dr Boon scandal

Business, Nuntawun Polkuamdee, Published on 14/12/2024

» Investor confidence was still recovering from recent stock market manipulations when a high-profile investment scam involving Dr Boon Vanasin, an 86-year-old hospital veteran, sent shockwaves throughout Thailand's business arena, causing damages of nearly 8 billion baht.

BUSINESS

Regulator gets tough with KWI

Business, Nuntawun Polkuamdee, Published on 03/12/2024

» The Office of the Insurance Commission (OIC) has ordered KWI Life Insurance (KWI) to rectify its financial conditions and operations by increasing paid-up capital and refraining from accepting new clients until it meets the legally required capital level.

BUSINESS

Regulator seeks amended Nusasiri financial statements

Nuntawun Polkuamdee, Published on 22/11/2024

» The Securities and Exchange Commission (SEC) has instructed Nusasiri (NUSA) to amend its financial statements for 2023 and the third quarter of 2024, have them audited and reviewed by the company's auditor, and then submit them to the regulator.

BUSINESS

Crypto boom 'more than just a fad'

Business, Nuntawun Polkuamdee, Published on 19/11/2024

» The crypto boom following the US election has pushed the price of Bitcoin, the world's most popular cryptocurrency, to a new all-time high of more than 3 million baht, say industry executives.

BUSINESS

Finnomena touts US, India and Vietnam for investment

Business, Nuntawun Polkuamdee, Published on 14/11/2024

» The US, India and Vietnam are the three main markets worth investing in to reduce the impact of the expected import tariff policy under president-elect Donald Trump, says digital wealth management platform Finnomena.

BUSINESS

Is USDT used for money laundering?

Business, Nuntawun Polkuamdee, Published on 09/11/2024

» At the peak of investigations into iCon Group's alleged fraud late last month, the Anti-Money Laundering Office checked the money trail of 247 million USDT, a cryptocurrency, worth more than 8 billion baht, suspecting the direct sales firm laundered funds through the popular stablecoin.

BUSINESS

Corporate bond issuance stymied amid wait for lower rates

Business, Nuntawun Polkuamdee, Published on 09/10/2024

» The value of new corporate bonds dropped 14% during the first nine months of this year to 704 billion baht as market conditions were cool to fundraising, with bond issuers waiting for interest rate reductions, according to the Thai Bond Market Association (ThaiBMA).