Recognising the crucial role sustainable economic growth plays in bringing about better living standards and inclusive economic development for all, in 2015 Thailand has adopted the United Nations’ 2030 Agenda for Sustainable Development (consisting of the 17 Sustainable Development Goals: SDGs), and, in 2016, committed to the Paris Agreement to advance its Greenhouse Gas Emissions (GHG) reduction by 20 to 25 percent from the business-as-usual level by 2030.The financial sector plays a crucial r...
Even though the Thai financial system remains strong, with commercial banks holding healthy levels of capital and liquidity reserves, the liquidity stress and the resulting irregularity in the global financial market have begun to affect the Thai financial market. The Bank of Thailand (BOT) has alleviated the situation through government bond purchase program amounting more than 100 billion baht during 13-20 March 2020, and the reduction and cancelation of BOT bond issuance, while the Mon...
Bangkok, March 28, 2016 ? The SEC has filed a criminal complaint with the Economic Crime Suppression Division of the Royal Thai Police (ECD Police) against (1) News Network Corporation PCL. (NEWS), previously named Solution Corner PCL. (SLC), (2) Polaris Capital PCL. (POLAR), previously named Wattana Capital PCL. (WAT), and (3) Siwasit Sainumphung, for collaborating their separate acquisitions of Nation Multimedia Group Public Company Limited (NMG) shares to achieve the mutual goal of business t...
The Passport is intended to provide significant benefits to investors through more fund choice, while maintaining effective legal and regulatory arrangement for investor protection. It is also intended to strengthen the capacity, expertise and international competitiveness of financial markets and the funds industry in the region.Implementation ProgressThe participating economies have progressed with legal and regulatory requirements in their respective jurisdictions. Japan and Thailand have com...
Bangkok, 2 October 2017 ? The SEC has ordered Pace Development Corporation Public Company Limited (PACE) to clarify the information regarding the company's joint venture agreement with three
compliance with the governing rules and regulations and are confident they will have been ready before the PDPA becomes effective. Therefore, we are confident that this joint cooperation of the four
percent of the total assets, except in certain cases. For example, investment to maintain liquidity in low risk assets, investment in a joint company that is not an investment company, investment in a
into the Joint Venture Agreement and the Share Purchase Agreement within December 2017, provided however that the conditions precedent specified in Joint Venture Agreement are satisfied to all parties
precedents specified in joint venture agreements are satisfied. The Company expect to enter into this transaction within September 2017. The Company will updated and disclose the progress of this transaction