Category: General

Bangkok, The Central Investigation Bureau (CIB), through the Office of the Provincial Crime Suppression Division, held a meeting to discuss with the SEC to prepare to prosecute the wrongdoing group. More on the “Moor Stocks Case”

The Central Investigation Bureau (CIB), through the Central Investigation Bureau, held a meeting to discuss with the SEC, preparing to take additional legal action against the group of offenders in the More Return Public Company Limited stock case, following an order from the Office of the Prime Minister that 288/2023 dated October 24, 2023, a police officer from the Central Investigation Bureau has been appointed. Joined the team of investigators investigating the stock case of More Return Public Company Limited, which the Department of Special Investigation Received as special case number 66/2023 of the Department of Special Investigation

By the Central Investigation Bureau (CIB) by the Crime Suppression Division under the direction of Pol. Lt. Gen. Jiraphop Phuridej, Commander-
in-Chief of the Central Investigation Bureau, Pol. Maj. Gen. Natthasak Shaonasai. The Deputy Commander-in-Chief ordered Pol. Maj. Gen. Putthidet Bunkrapue, Commander-in-Chief of the Provincial Crime Suppression Division, Pol. Col. Apichon Charoenphon, Deputy Commander-in-Chief of the Provincial Crime Suppression Division, Pol. Col. Theerapas Yungyuen, Director of the 3rd Division of the Provincial Crime Suppression Division. ., Pol. Col. Nittichot Penjamrat, Superintendent (Investigation), Investigation Group, Office of the Provincial Education Office, and a team of investigators from the Office of the Prosecution Office, expedited prosecution of the perpetrators.

Recently, Pol. Maj. Gen. Putthidet Bunkrapue, Commander-in-Chief of the Office of the Provincial Education Office, along with a team of police officers from the Office of the Provincial Education Office, attended a discussion with Mrs. Pornanong Busaratrakul, Secretary-General of the SEC, and the group at the meeting room on the second floor. 30 Of
fice of the Securities and Exchange Commission (SEC), Vibhavadi Rangsit Road, Chomphon Subdistrict, Chatuchak District, Bangkok In the event that an investigation finds additional offenders There is evidence that is related to the group. The original perpetrator of the SEC has already filed a complaint with the investigative team of the Central Investigation Bureau.

In this regard, the Central Investigation Bureau (CIB) received a response from the SEC to expedite the expansion of the investigation into the said offenders.-

Source: Thai News Agency

SEOUL, Hanssem Co. on Wednesday reported its fourth-quarter net loss of 34.1 billion won (US$25.7 million), remaining in the red compared with a year ago.

Operating profit for the October-December period was 11.5 billion, compared with a loss of 20.3 billion won a year ago, the company said in a regulatory filing. Revenue rose 0.9 percent to 502 billion won.

Source: Yonhap News Agency

SEOUL, SK Chemicals Co. on Wednesday reported its fourth-quarter net loss of 10.6 billion won (US$8 million), swinging from a profit of 83.5 billion won a year earlier.

The company said in a regulatory filing that operating income for the October-December period fell 85.7 percent on-year to 6.4 billion won. Revenue decreased 9.6 percent to 431.6 billion won.

Source: Yonhap News Agency

SEOUL, The government was unable to reach more than 80 percent of those who applied from the United States or Canada for family reunions with their relatives in North Korea amid speculation many of them could have passed away, officials said Wednesday.

The unification ministry conducted a survey last year on 825 family reunion applicants living in North America and confirmed the fates of 146 of them, while 679 people, or 82.3 percent, were out of reach, officials said.

Considering that more than 70 percent of the 133,984 family reunion applicants in South Korea have died, many of the applicants in the U.S. or Canada are also believed to have passed away without having a chance to meet with their long-lost relatives.

According to the survey, 90.6 percent of the 119 family reunion applicants still alive in the U.S. or Canada said they hoped to determine the fate of their relatives in North Korea, while 84 percent said they were willing to take part in reunions.

A majority of 82.8 percent of the respondents
said they prefer to reach out to their kin in North Korea through official channels like the unification ministry and the Korean Red Cross rather than civilian channels, which the ministry attributed to the safety concerns of their family members in the North.

In the event of a reunion, 28.2 percent said they hoped for the event to take place on “neutral” territory, such as the inter-Korean truce village of Panmunjom, followed by 17.3 percent who respectively picked Seoul and a reunion facility in the North’s Mount Kumgang. Some 11.8 percent said they would prefer a reunion in Pyongyang.

The latest survey was conducted by Gallup Korea on behalf of the ministry between July and December last year, with 50.3 percent of the respondents aged 80 and older. The ministry said it conducted the survey in the United States and Canada, where the biggest overseas population of separated families resides.

The ministry said it plans to actively consider the feedback of separated families in South Korea and abroad for po
licy decisions and carry out a comprehensive survey of separated families this year.

The divided Koreas have held 21 rounds of reunions since the landmark summit of their leaders in 2000, bringing together more than 20,000 family members who had not seen each other since the war. The two sides last staged temporary family reunions in 2018.

In 2022, South Korea proposed holding talks with North Korea to try to discuss family reunions, but the North has yet to respond to the offer.

Source: Yonhap News Agency

SEOUL, LG Uplus Corp. on Wednesday reported its fourth-quarter net income of 105.2 billion won (US$79.5 million), down 34 percent from a year earlier.

The company said in a regulatory filing that operating profit for the October-December period fell 31.8 percent on-year to 195.5 billion won. Sales increased 5.8 percent to 3.82 trillion won.

The earnings fell behind market expectations. The average estimate of net profit by analysts stood at 131 billion won, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency.

Source: Yonhap News Agency

SEOUL, KTandG Corp., South Korea’s dominant tobacco company, said Wednesday it shifted to a net profit in the fourth quarter from a year earlier on a weak won and robust exports.

KTandG swung to a net profit of 117.12 billion won (US$88 million) in the three months ended in December from a net loss of 60.03 billion won in the same period a year-ago, the company said in a statement.

On top of a weak won, increased exports of traditional cigarette products and next-generation heat-not-burn product lil also helped the quarterly results, it said.

A weak won against the U.S. dollar drives up the value of an exporter’s dollar-denominated gains when converted into the local currency.

Operating profit fell 1.4 percent to 198.56 billion won in the December quarter from 201.4 billion won a year ago. Sales rose 3.2 percent to 1.45 trillion won from 1.4 trillion won during the same period.

For the whole of 2023, net income fell 7.8 percent to 926.56 billion won from 1 trillion won the previous year.

Operating prof
it declined 7.9 percent to 1.17 trillion won from 1.27 trillion won during the cited period. Sales were up 0.4 percent to 5.87 trillion won from 5.85 trillion won.

In 2024, KTandG aims to achieve a growth of over 10 percent in sales and 6 percent in operating profit.

To enhance shareholder value, it plans to cancel 315 billion won worth of treasury shares on Feb. 16 and buy back further treasury stocks for cancellation later this year.

Source: Yonhap News Agency

Stock Exchange, SET Index for January decreased 3.6% , while 4 business days in February saw fund flows flowing back in.

Mr. Sornphon Tulyasathien, Deputy Manager, Head of Corporate Strategic Planning Division The Stock Exchange of Thailand revealed that in January 2024 there was a movement of investments out of the Thai stock market. From the forecast that the Thai economy in the 4th quarter of 2023 expanded lower than expected. This has resulted in the reduction of profit forecasts for listed companies in 2023. And if you consider the fund flow of foreign investors over the past 10 years, it is found that there will be capital inflows only in the years in which profit estimates have been raised. Significantly, however, despite the outflow of foreign capital, the ratio of the value of foreign stock holdings relative to market capitalization remains at a level close to the historical average. In addition, if considering From the Price to Book (P/B ratio) ratio of SET Index is still quite low. Meanwhile, SE
T’s dividend yield has increased to 3.24%. Investors’ confidence in the Thai stock market has decreased from the beginning of 2023 due to pressure factors both at home and abroad.

Situation of the Thai stock market at the end of January 2024. SET Index closed at 1,364.52 points, down 3.6% from the previous month. with returns similar to the regional average Industry groups that improved better than the SET Index compared to the end of 2023 include the consumer products group. Resource Group, Service Group, Agriculture and Food Group, and Technology Group

The average daily trading value in SET and mai was 47,111 million baht, a decrease of 34.6% from the same period last year. Foreign investors returned to net selling after net buying in the previous month. In January 2024, foreign investors sold a net amount of 30,870 million baht, with foreign investors accounting for the highest proportion of trading value for the 21st consecutive month.

The Forward P/E of the Thai Stock Exchange at the end of January 20
24 was at 15.5 times, higher than the average of Asian stock exchanges which was 12.9 times, and the Historical P/E was 16.7 times, higher than the average of Asian stock exchanges which was 15.5 times. At a level of 14.7 times, the dividend yield at the end of January 2024 was at 3.24%, lower than the average of Asian stock exchanges which was 3.31%.

Futures market conditions In January 2024, the Futures Exchange (TFEX) had an average daily trading volume of 404,435 contracts, a decrease of 17.3% from the previous month, mainly due to a decrease in Single Stock Futures and SET50 Index Futures.

First week of February Stocks have been rebounding for some time. This is expected to be a result of the Fed sending a clear signal. People will switch to other issues. Our home has many supporting factors. For example, the International Monetary Fund (IMF) raised its GDP forecast for Thailand in 2024 to expand to 4.4%, which is stronger than the previous forecast of 3.6% due to improved international demand. and the
expansion of consumption in the private sector The main factor is tourists. which is a good trend Along with the Visa Free policy in March, it is considered a good sentiment and the value of Thai stocks is now inexpensive. Price to Book is not much. If Earnings come back, it should be of a good size.

‘Investors expect that The Fed will cut interest rates 5-6 times, but in January The Fed chairman made it clear that Before March, there will definitely not be an interest rate cut. This caused a sell-off in January. But the latter is more clear. Strong US employment numbers have caused fund flows to begin returning in February. However, we still need to keep an eye on it for a while. Because in the Thai capital market, fund flow has just returned for the 4th day. Therefore, I would like to keep an eye on it for a while longer,’ Mr. Sornphon said.

Mr. Phakorn Pittawatchai, Director and Manager The Stock Exchange of Thailand said about the capital flowing back in early February that It is caused by various probl
ems being resolved more and more. But he was still not complacent. Because there are still many factors that are coming back, such as the issue of Geopolitics. A change in interest rate trends is good news. But Geopolitics is an uncertain matter. Regarding the recovery of the Thai economy which is K-Shape, I think there are still many things to worry about. But things seemed to be resolved one by one. Therefore, he sees that sentiment has improved. Moreover, if interest rates gradually decrease in the world market, he believes that it will cause more money to flow back into the country. In addition, in the business sector that is growing travel Growing domestic consumption will help gradually recover, but our recovery has not yet recovered equally in every factor. There is still fast and slow.

However, investors still need to follow information from abroad carefully. Especially things related to commodity prices. The price of oil is determined by geopolitics. However, interest rate risk will be less and liqu
idity will be better.

As for the progress of the case Stock Exchange Hire a consulting company, Oliver Wyman Company, to come look at the operating system of the Stock Exchange. Today you will hear summary information, which is the final information for the first time. Then the Stock Exchange It will be updated with the stakeholder industry, the Stock Exchange of Thailand and the Securities and Exchange Commission (SEC) before proceeding with the process. Open to listen to further opinions.

Mr. Phakorn also revealed the progress of the inspection of the trading program. There have been 5 cases submitted for inspection and no case has been found where the trading program caused naked short selling. The Stock Exchange is still accepting and investigating continuously. If anyone is curious about any case, they can send it for review. However, we cannot verify anything outside of our scope. such as transfer of shares outside the market, etc.

As for the first meeting of the new securities board yesterday (6 Feb
.), initially there was a policy. and various interests The five newly arrived committee members have provided guidelines which are currently being compiled. It will be updated soon.

Source: Thai News Agency

Bangkok, A police spokesman confirmed that there are no regulations prohibiting police from holding beauty pageants. But it must not affect work time. Throw the agency to explain the case of “Captain Kat”

Pol. Lt. Gen. Achayon Kraithong, spokesman for the Royal Thai Police, revealed the case of Police Lieutenant Athitiya Benjapak or Captain Cat. Female police officers under the Office of the Royal Thai Police Secretary In the section responsible for paperwork and various ceremonies of the Royal Thai Police Walked in a beauty pageant until society criticized her for being Such cases are with the agency that must control and supervise them. If there is going to be a contest, you must see that there is leave. Or did you ask for permission according to the regulations or not? The assignment of duties must not cause damage to the police service. It is emphasized that here the agency must be the one to inspect and supervise behavior and the assignment of duties and job descriptions. I admit that in the regulation
s there is no clear prohibition against beauty pageants. But it is a broad regulation not to behave or do anything that is derogatory, such as inappropriate behavior. Everything has rules and discipline set forth. Whichever police officer or civil servant belongs to, there will already be regulations. If any behavior is found to be inappropriate, there will be a warning. or appoint a committee to investigate disciplinary matters

A police spokesman said that in this case, whether or not this was a way to earn extra income outside of official hours, that was not the case. I would not like to speak specifically about who this person is, but the operation must not affect official work time. Must have valid leave which already has regulations set in place The first level commander must supervise.

In the past, in the case of Captain Cat, there has been a story where society has often criticized the Royal Thai Police. I saw that I had to talk to my supervisor to see what was going on. What kind of action or behavi
or must the junior commander consider first?

Source: Thai News Agency

Chaiyaphum, Immediately arrested, a jealous husband used a knife to stab his wife’s body 8 times before slitting her throat to death in front of her mother-in-law. Claims to have seen harrowing images of his wife with another man. Asked to divide the property and didn’t give it.

From the case of Mr. Anuporn, age 38, the husband who caused the incident used a knife to stab his wife, Ms. Ladda, age 44, causing 8 wounds before using the same knife. Repeatedly slit her throat until Miss Ladda died. The area along the water canal at the end of Tha Duea Village. Kaset Sombun District, Chaiyaphum, after the incident he discarded the knife that had been stabbed until it broke. and shoes near the canal before driving away up Phu Lan Kha mountain

Before the police were able to track down and arrest Mrs. Suwan, the mother of the deceased, who was also in the incident. Give a statement to the police that The daughter has been in a relationship with Mr. Anuporn for less than a year. But they rarely live together. Becau
se Mr. Anuporn likes to take drugs and not work. Before the incident, Mr. Anuporn asked to borrow a car, but his son wouldn’t give it to him, leading to an argument. And the child shouted for his mother to come help. As soon as mother came to find me I saw Mr. Anuporn. Using a knife to attack daughter Plus shouting threats not to come help. If you don’t want to get your whole family killed. As for the daughter, she ran away to the road next to the water canal, but did not survive. Mr. Anuporn climbed astride the daughter’s body. Before stabbing and slitting her daughter’s throat until she died in front of her eyes. Confirmed if the police are able to catch Mr. Anuporn. I want to be prosecuted to the point of death. Because doing this to your child is very cruel.

As for Mr. Anuporn, the police radioed and stopped him all night. Until he found an abandoned car in the middle of a sugar cane forest at the end of a village. and surrounded the sugar cane forest Until Mr. Anuporn could not stand the pressure. Had t
o come out and surrender during the daybreak today. Open your mouth and confess to the investigative team. Admit jealousy of the deceased Because I myself work hard. Located in Chonburi My wife wants things. Got the water and electricity bill and called to ask. I myself was in a hurry to transfer, always in a hurry to find one for her, but I found out that my wife was with someone else, which made me worried, afraid that my wife would actually share her heart with another man. As I heard So he planned to come back to his house. But not before talking Instead, he found harrowing pictures of his wife with another man in the house. cause arguments The man who was seen with his wife jumped out of the house in only his underwear. He himself went to pick up a knife in the kitchen and threatened to divide the property. It was the car that drove away after the incident. But the deceased didn’t give in and ran away, so he held a knife and ran after him and locked his neck. And used a knife to stab 8 wounds all over hi
s body before cutting his throat again in anger.

while the friend of the deceased Say it with the same voice The deceased was a good, cheerful person. Be loved by friends If possible, I would like to give Anai Anuporn the death penalty. Because it can kill even women. Plus it was broad daylight. in the middle of the village without fear of the law

However, this afternoon the police will take Mr. Anuporn into custody to prepare a confession. which he still confirms that The property is the car that was requested. Because it has sentimental value We’ve been splitting the installments in half with our wives for a long time. No matter how difficult it is, I grit my teeth and relax. So I wanted to keep it.

Source: Thai News Agency

BANGKOK, This year’s Chinese New Year falls on Saturday, February 10th, leaving time for celebrants to find auspicious home decorations to bring more luck, abundance and prosperity into the house for the upcoming festival.

In Bangkok’s Chinatown, items such as Chinese lanterns and blessing banners, known as ‘Duilian couplets,’ are in high demand. With this year being the Year of the Dragon, products related to dragons, especially Chinese dragon ornaments ranging from 3 to 5 meters in length, are selling out quickly. Traders report that merchandise related to the Chinese New Year is selling well both in physical stores and online platforms. Customers from various provinces have been purchasing goods since the beginning of January. The majority of customers visiting stores currently are from Bangkok.

Despite ample preparations, shop owners see insufficient goods for sales some days, particularly on weekends. The influx of customers necessitates additional sales staff.

The atmosphere in Chinatown is bustling
, with Thai locals purchasing home decorations, ordering auspicious offerings, and tourists exploring. This aligns with consumer behaviors spending during the Chinese New Year season.

According to economic forecasts by the Economic and Business Forecasting Center of the Thai Chamber of Commerce, spending during this year’s Chinese New Year is expected to increase by approximately 10%, totaling over 50 billion baht, compared to last year’s 45 billion baht. This reflects economic recovery and government stimulus measures. However, prices of certain goods have risen, prompting some to be cautious about spending and opt for more durable purchases.

Concerns also arise regarding the increase in prices of essential items during the festive season and the higher costs associated with travelling. Yet, it is anticipated that this year’s Chinese New Year will attract a significant number of international tourists, particularly Chinese nationals, with an average of around 80,000 visitors per week. This influx is expect
ed to impact spending and contribute to the vibrant atmosphere of the celebration.

Source: Thai News Agency