Two executives of IFEC heavily fined for insider trading

Two executives of IFEC heavily fined for insider trading

21 Sept 05:46 Key points summarised by AI

The Securities Exchange Commission (SEC) imposed 25 million baht in fines and disgorged profits on IFEC's CEO, Supanan Rithpairote, and former executive, Thanawat Chansuwan, for insider trading.
The executives allegedly sold their company shares after a November 2016 board meeting where they became aware of IFEC's financial problems, leading the SEC to demand CEO Supanan's removal for untrustworthiness.

New home loan scheme aims to boost property sector with Bt125 billion

New home loan scheme aims to boost property sector with Bt125 billion

Yesterday 11:38 Key points summarised by AI

The Cabinet approved a new Bt50-billion 'A House for Each PLUS' home loan scheme from the Government Housing Bank, offering up to Bt3 million with 40-year repayment terms for low- and middle-income earners.
This initiative aims to significantly boost the property sector and national economy, projecting to generate Bt125 billion in economic activity and create jobs.

Read full article

Economy 1/3

Skip > Skip >