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Search Result for “money laundering”

Showing 51 - 60 of 259

BUSINESS

SET calls for more lawsuits to combat corporate fraud

Business, Nuntawun Polkuamdee, Published on 05/08/2024

» The Stock Exchange of Thailand (SET) has asked the Finance Ministry to amend the law to empower the Securities and Exchange Commission (SEC) to directly file lawsuits against corporate fraudsters, with the aim of ensuring high-impact cases can be sent to courts within 5-6 months.

BUSINESS

SEC highlights expediting probes

Nuntawun Polkuamdee, Published on 31/07/2024

» The Securities and Exchange Commission (SEC) reiterated that expediting the investigation process concerning offences relating to the SEC Act is the regulator's priority to ensure fairness and protect investors' interests, while the measures to enhance the supervision of short-selling have reduced daily short-selling trading by almost 70%.

BUSINESS

Association decides to place EA bonds on restricted list

Business, Nuntawun Polkuamdee, Published on 18/07/2024

» The Association of Investment Management Companies (AIMC) has resolved to place Energy Absolute (EA) bonds on the restricted list which limits transactions and prohibits additional investment until there is clarity about the company's future propsects.

BUSINESS

Traders bullish on outlook for gold prices

Business, Nuntawun Polkuamdee, Published on 25/06/2024

» Traders expect gold prices to remain high over the next 3-5 years because of ongoing global economic uncertainty and geopolitical conflicts.

BUSINESS

Follow the yellow brick road

Nuntawun Polkuamdee, Published on 13/05/2024

» Gold prices were stagnant in early May, settling just above the US$2,300 threshold during the first weekend of the month, after briefing touching the lowest level since early April.

BUSINESS

Mutual fund managers want more state support

News, Nuntawun Polkuamdee, Published on 25/04/2024

» The Association of Investment Management Companies (AIMC) is preparing to ask the government to provide support to the Thai mutual fund industry, citing efforts in Japan and India to boost the growth of their capital markets.

BUSINESS

Mutual fund assets up 2.58% to B5.28tn

Business, Nuntawun Polkuamdee, Published on 22/04/2024

» Thailand's mutual fund industry registered a net asset value of 5.28 trillion baht in the first quarter, up 2.58% or 133 billion baht from the end of 2023, backed by strong growth of fixed income funds and foreign investment funds (FIFs).

BUSINESS

Bond default risk minimal in Q2

Business, Nuntawun Polkuamdee, Published on 05/04/2024

» The likelihood of bonds defaults in the second quarter is relatively low, with total default value projected at less than 1% of the total outstanding market value, says the Thai Bond Market Association (ThaiBMA).

BUSINESS

Gulf consortium strongest virtual bank contender

Business, Nuntawun Polkuamdee, Published on 29/03/2024

» The consortium including Gulf Energy Development, Advanced Info Service (AIS), Krungthai Bank (KTB) and PTT Oil and Retail Business (OR) is the strongest contender among the applicants for a virtual bank licence, says Asia Plus Securities (ASPS).

BUSINESS

Crypto owners urged to expand knowledge

Business, Nuntawun Polkuamdee, Published on 18/03/2024

» The jump in cryptocurrency prices this year is likely to attract hackers to digital assets held in Thailand, where the damage caused by hackers to digital assets tallied US$24.2 billion (867 billion baht) last year, says the Thai Digital Asset Association.