Thai PM asked to rescind appointments of 2 people over allegedly shady backgrounds

Deputy Agriculture Minister Thammanat Prompao has sent an urgent letter to Prime Minister Prayut Chan-o-cha, urging him to rescind the appointments of Amorn Meemano and Phuvit Panyasith as political officials attached to the Office of the Secretary-General of the PM’s Office. The cabinet approved Amorn, Phuvit and Somchai Sarovart, as proposed by two small pro-government […]

Stablecoins Regulation Policy

The Bank of Thailand (BOT), in its release on 19 March, has set guidelines for the regulation of financial services involving stablecoins.   Ms. Siritida Panomwon Na Ayudhya, BOT Assistant Governor of Payment Systems Policy and Financial Technology Group, stated that the rapid technological advancements have given rise to a new generation of financial services. […]

Lao Worker Kills Chinese Employer Who Scolded, Abused Subordinates

A Lao teenager working at a motorcycle shop in Bokeo province killed his Chinese employer in early March, knocking him down and cutting his throat following a heated argument over working hours and the man’s abuse of his local employees, sources in Laos said. The worker identified as Kung, 18, had lost his temper in […]