‘ATFX Cares’ Donates During Thailand Wildfire Disaster

ATFX donated dry foods, energy drinks, protective masks, glasses, medicine, and other essential equipment used to fight and control the fires in the Chiang Mai region of northern Thailand

The Chiang Mai region in Northern Thailand has been ravaged by wildfires since 29 March 2020. Local authorities have been fighting the flames, but the disaster has been hard to contain. This has contributed to a significant increase in pollution in the upper North region with Chiang Mai having over 400 active hotspots alone. The air in Chiang Mai has very high ultra-fine dust levels which exceed the recommended levels in populated areas.

ATFX donated dry foods, energy drinks, protective masks, glasses, medicine, and other essential equipment used to fight and control the fire. ATFX employees and partners based in Chiang Mai volunteered to deliver essential materials to the Puping Forest Fire Control Station, which has approximately 60 firefighters and at least 150 volunteers from neighbouring areas.

ATFX (Thailand) General Manager, Arthiphant Thongchandr, commented that “ATFX is dedicated to giving back to communities in ways that have a positive impact on those that are affected. Today’s donation was our way of showing the people of Chiang Mai that they’re not alone in this disaster and that we’re here to support them during this difficult period. We’ll continue to explore different ways to help those affected by such devastating disasters.”

Socio-economic conditions imposed by the outbreak of coronavirus have made for uncertain times. In this challenging period, ATFX takes Corporate Social Responsibility (CSR) very seriously. An example is the recent support sent to two Thai hospitals by ATFX. The Vajira Hospital’s director thanked ATFX on behalf of the hospital’s management and staff stating that the masks sponsored by ATFX would go a long way in helping the hospital take excellent care of its patients. 

ATFX commits to doing more CSR in the future as part of its efforts to cushion some of the hardest-hit communities in which its clients live.

Read this next

Executive Moves

TopFX promotes Omar Al-Janabi to head of sales and business development

Prime brokerage firm TopFX has strengthened its Middle East operations with the promotion of Omar Al-Janabi, who is taking on an expanded role as global head of sales and business development.

Retail FX

Plus500 says 2022 revenue to be ‘significantly’ ahead of analysts’ estimates

Israeli-based, but London-stock market listed Plus500 said it expects annual revenue and earnings to be ahead of analysts’ estimates even as trading levels normalised from record volumes in the first quarter.

Digital Assets

Crypto derivatives giant BitMEX launches spot market

Crypto exchange BitMEX is looking to branch out of its singular focus on crypto derivatives with a suite of new product offerings. Although derivatives are to remain at the heart of BitMEX’s business, the popular platform will add spot crypto trading as it aims to aggressively grow their user base.

Uncategorized

PrimeXM reports mixed trading volumes for April

PrimeXM has reported weaker trading volumes for April 2022, in line with other institutional and retail platforms that saw the activity of their clients dropped compared to a month earlier.

Digital Assets

DLT Finance approved by BaFin to support brokerage and custody of digital assets

DLT Finance is already partnered with big names within the digital asset space, including Kraken, Bitstamp, B2C2, and Bittrex.

Institutional FX

LUKB taps vestr to launch actively managed products, AMCs

The partnership with vestr goes to show the growing importance of digitising the active investment management space.

Digital Assets

Jewel taps Tokeny to launch stablecoin-as-a-service solution on Polygon

Jewel aims to offer a stablecoin-as-a-service solution to other digital asset and financial institutions B2B, allowing those businesses to provide cheaper, easier and near real time payments with stablecoins issued and redeemable directly at the bank level at Jewel.

Industry News

SEC charges $410+ million Ponzi scheme with pre-IPO shares

We allege that the defendants deceived investors about the pre-IPO shares they held, how much they were charging in fees, and who was controlling the business—all while paying themselves more than $75 million.

Industry News

FNZ taps data analytics GIST to address ESG ratings bias

The allocation of capital is critical to driving the change required to transition to net-zero and building a more sustainable economy and society.

<