Local news

The iCon Group bosses keep mum while suspicious cash transfers traced

  ELEVEN bosses of The iCon Group detained at Bangkok Remand Prison refused to give any statements to the Department of Special Investigation (DSI) team nor did they sign to acknowledge the investigation report, TV Channel 7 quoted sources as saying  this afternoon (Nov. 21). All 18 bosses of this direct sales company, including the

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Local news

Victims from several countries file complaints against The iCon Group

  MANY of over 20 victims of The iCon Group living in several countries have filed complaints against the company with the Consumer Protection Police Division after losing large sums of money in its direct sales business, Naewna newspaper said today (Oct. 27). Mr. Itthidet Thanesawatana, a representative of this company’s victims, said this overseas

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Local news

No Thai banks involved in arms sales to Myanmar: FM

  By Thai Newsroom Reporters FOREIGN MINISTER MARIS Sangiampongsa today (July 18) categorically dismissed a United Nations report that Thai-owned banks had been allegedly involved in arms sales to Myanmar government forces. During today’s interpellation in the House of Representatives, the foreign minister denied the unnamed Thai banks had been involved in money transactions worth

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Business Local news

Alcohol wholesalers hit by weak holiday season sales

  THREE alcohol wholesalers, two in Bangkok and one in Nakhon Ratchasima, said yesterday (Dec. 22) that the expected strong festive season sales has not materialised with purchases either only edging up slightly or downright plunging, Matichon newspaper said. Mr. Somchai Pornrattanacharoen, owner of the S. Sappakit store and former president of the Thai Wholesale

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