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Thai Police Shut Down Major Torrent Illegal Website

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The largest torrent tracker site in Thailand, Siambit.me, had an average of 5.5 million monthly visits and offered a wide range of Hollywood, international, and Thai content. However, the site has been shut down by Thai police for illegal activities.

The site was known for providing access to a variety of content, attracting millions of monthly visitors. However, its illegal nature led to its closure by Thai authorities. This news was reported in an article published on a website, highlighting the shutdown of the major torrent site in Thailand.

Source link : Thai Police Shut Down Major Torrent Illegal Website

SET to Improve short selling and program trading Supervision

Nat Absolute Technologies (NAT) to begin trading on The MAI Stock Exchange on Feb. 15

The Stock Exchange of Thailand (SET) has announced its plans to improve oversight of short selling and program trading in order to minimize their impact on market prices and liquidity. This initiative aims to ensure that these activities are conducted in a responsible and transparent manner, ultimately promoting fair and efficient trading in the Thai stock market.

The SET’s decision to enhance supervision of short selling and program trading emphasizes the importance of maintaining market integrity and stability. By implementing stricter regulations and monitoring mechanisms, the SET seeks to prevent any potential disruptions caused by these trading activities. This proactive approach aligns with the SET’s commitment to creating a more secure and reliable trading environment for investors.

Overall, the SET’s efforts to improve oversight of short selling and program trading are intended to safeguard the interests of market participants and maintain a level playing field for all investors. Through increased transparency and accountability, the SET aims to foster trust and confidence in the Thai stock market, ultimately contributing to its long-term growth and sustainability.

Source link : SET to Improve short selling and program trading Supervision

Thailand Considers Same-Sex Marriage Bill with Potential Economic Boost in Focus

Nat Absolute Technologies (NAT) to begin trading on The MAI Stock Exchange on Feb. 15

Experts and activists believe that beyond the social and legal implications, the bill to legalize same-sex marriage in Thailand could have a positive impact on the economy. They argue that it would boost the country’s tourism industry, attract foreign investment, and foster a more inclusive and productive workforce. Taiwan was the first place in Asia to recognize same-sex marriage in 2019, and last year Nepal became the second. In November, local authorities registered the first marriage of an LGBTI couple. Representatives like Tunyawaj Kamolwongwat have expressed that marriage equality prompts gay lovers to buy high-value items together, enhancing the economy.

Tunyawaj Kamolwongwat, an LGBT member of the House of Representatives, believes that legalizing same-sex marriage would lead to economic enhancement. He explains that gay couples buying high-value items such as houses and cars together, would boost the country’s economy. The wedding planning process also stimulates the country’s event industry, leading to growth in hosting parties and wedding receptions. However, despite the bill being passed, it still lacks the privileges of heterosexual marriage.

Source link : Thailand Considers Same-Sex Marriage Bill with Potential Economic Boost in Focus

Nasdaq Expands Risk Platform into Thailand

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Nasdaq’s Risk Platform has achieved a major milestone by securing its first client in Asia, Kiatnakin Phatra Securities, which is a significant step in modernizing Thailand’s financial services landscape. This move shows Nasdaq’s expanding presence in the region, bringing advanced risk management solutions to Thailand’s financial sector.

The expansion of Nasdaq’s Risk Platform into Thailand signifies a strategic move to offer innovative and advanced risk management solutions in the country’s financial industry. By partnering with Kiatnakin Phatra Securities, Nasdaq is demonstrating its commitment to modernizing Thailand’s financial services ecosystem and providing sophisticated risk management capabilities to financial institutions in the region. This expansion is a testament to Nasdaq’s global reach and its ability to offer cutting-edge solutions to meet the evolving needs of the financial sector.

With Nasdaq’s Risk Platform securing its first client in Asia, Kiatnakin Phatra Securities, this marks a significant milestone in the modernization of Thailand’s financial services ecosystem. Nasdaq’s expansion into Thailand demonstrates its commitment to offering advanced risk management solutions to financial institutions in the region, further solidifying its presence in the Asian financial market.

Source link : Nasdaq Expands Risk Platform into Thailand

January 2024 Monthly Tax Update for China

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Chinese firm in Shenzhen helps 123 websites disseminate disinformation, pro-Beijing content in 30 countries using fake news networks.


Chinese Firm Assisting 123 Fake News Websites Across 30 Countries

A recent University of Toronto study revealed that Shenzhen Haimaiyunxiang Media Co. (Haimai), a Chinese company, has supported at least 123 websites posing as local media outlets in 30 European, Asian, and Latin American countries. These websites spread disinformation and promote pro-Beijing business and political “propaganda.” The Chinese company was linked to a campaign named Paperwall, targeting foreign audiences with propaganda.

Deep-Rooted and Extensive ‘Fake News’ Network Managed by Chinese PR Firm

The discovered “fake news” network backed by Haimai is widespread, targeting audiences in countries such as South Korea, Japan, Italy, and the UK. These deceptive websites publish articles and news reports in multiple languages, covering various fields like politics, economy, culture, and sports, thus presenting a threat of inadvertent amplification by local media and audiences. This extensive network serves as a tool to spread pro-Beijing content and manipulate public opinion overseas, further complicating an already complex media landscape.

Source link : January 2024 Monthly Tax Update for China by China Watch

Thai Exports slightly contracted in 2023 but poised for recovery in 2024

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Despite potential risks from global supply chain disruptions, SCB EIC anticipates that Thai exports should continue to improve in 2024. This is good news for Thailand’s economy, as the country experienced a slight contraction in exports in 2023. However, with the possibility of recovery on the horizon, there is hope for a turnaround in the coming year. The article suggests that despite the challenges presented by supply chain disruptions, Thai exports are expected to rebound and improve in 2024.

The original source of this information can be found at the following link: Thai Exports slightly contracted in 2023 but poised for recovery in 2024. It is important for businesses and policymakers to monitor this situation closely and adapt their strategies accordingly. By understanding the potential for improvement in 2024, stakeholders can prepare for a potential turnaround in Thai exports and take advantage of the anticipated recovery. With careful planning and agile responses to potential challenges, the prospects for Thai exports in 2024 are promising.

Source link : Thai Exports slightly contracted in 2023 but poised for recovery in 2024

Thailand sees 44.3% jump in spending for Chinese New Year (CNY) bookings

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Thai inflation hits 35 months low in Jan. 2024

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Headline inflation in Thailand has decreased for the past four months, hitting its lowest point in 35 months. It is anticipated that this trend will continue into February and March. The decline in inflation is a positive sign for the Thai economy and could result in increased consumer confidence and spending. According to the original article published in January 2024, this decrease in inflation is a notable development for the country. Overall, the outlook for continued low inflation in the coming months is positive news for Thailand.

Source link : Thai inflation hits 35 months low in Jan. 2024