News
Finansa directors back B180m licence deal
The board of SET-listed Finansa Plc has given the nod to its securities brokerage arm Finansa Securities to divest securities and derivatives agent licences to joint venture SBI Thai Online Securities for 180 million baht. Keep reading ...
Thai stocks dive in global sell-off
Thai shares are heading towards a bear market after falling by 4.73% on 24 August as the deepening global equities rout, concerns over an imminent US interest rate hike and the Chinese-led economic slowdown fuelled a continuing exodus from risky assets. Securities analysts warn the correction could continue ...
British rights activist charged with defamation in Thailand
British rights activist Andy Hall has been charged with criminal defamation in Thailand after he researched a report that alleged labour abuses at the Natural Fruit Company, a large Thai pineapple wholesaler that supplies the EU. The Bangkok south criminal court decided on 24 August to indict the ...
Police interview Lao 'slaves' over trafficking
Thirteen illegal Lao labour immigrants who were rescued from an alleged “slavery farm” in Nakhon Pathom are being treated as witnesses in a suspected human trafficking case. The immigrants, some as young as 15 years old, will not be charged with illegal entry into Thailand because they ...
Dams 'destroying Mekong fish stock'
Fishermen in delta and Northeast Thailand say dams in China and Laos have hit breeding and yields, forcing many to quit. Mekong River fishermen have already suffered dramatically from dams and irrigation works, which have decimated fish stocks and undermined livelihoods that supported families for generations.Nguyen Anh ...
Asia migrant crisis: New mass graves on Malaysia-Thai border
New mass graves with 24 bodies thought to be those of migrants have been found in Malaysia, police say. The graves were found in the state of Perlis near the Thai border not far from 139 grave sites unearthed in May, Perlis police chief Shafie Ismail ...
Lao workers 'caged' in slave case
A bank manager has been charged after 12 Lao workers — some as young as 14 — were found enslaved and kept in cages on a farm outside Bangkok. The workers, aged between 14 and 25 years old, were found sleeping in small spaces framed by ...
State banks help more Thais to join financial system
Thailand is among several countries in the East Asia and Pacific region to record an increase in financial inclusion thanks to greater financial services offered by state-owned banks, says a World Bank senior economist. Thailand registered a higher rate of financial inclusion among adults aged 15 ...
Chinese tourists head to Thailand despite bombing fears
Busloads of visitors from China flocked to Bangkok’s glittering Grand Palace on 21 August but, days after a bomb at another of the city’s popular attractions killed five Chinese tourists, Thailand’s biggest spending holidaymakers are rattled. The attack on a Hindu shrine, particularly popular with Chinese devotees, did ...
Thailand seeks Interpol help to track blast suspect
Thailand has said that a deadly bomb attack at a popular shrine in Bangkok was “unlikely” to be the work of international terrorists, but appealed for Interpol help in hunting a foreign man accused of being the prime suspect. The military government was initially reluctant in ...