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Search Result for “$3 million”

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THAILAND

New scandal embroils TOT, power firms

News, Post Reporters, Published on 25/01/2017

» A new bribery scandal has emerged potentially landing three more state enterprise agencies in hot water as investigations get under way.

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THAILAND

Watana denies Thaksin link to bribery

News, Post Reporters, Published on 25/01/2017

» Watana Muangsook, a former Pheu Thai Party MP, has insisted the administration of ex-premier Thaksin Shinawatra had nothing to do with the Rolls-Royce bribery scandal.

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THAILAND

Wissanu: Too early to pass judgement on Rolls-Royce bribery

News, Post Reporters, Published on 24/01/2017

» An inquiry into Thai Airways International's alleged involvement in the Rolls-Royce bribery scandal was not an indication of culpability, said Deputy Prime Minister Wissanu Krea-ngam, arguing the national flag carrier needs time to clarify the issue.

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BUSINESS

Pattaya pigeon race raises new tourism dream

Business, Post Reporters, Published on 23/01/2017

» A crowd of more than 200 pigeon lovers gathered at Pattaya International Pigeon Race (PIPR) earlier this month. There was palpable excitement in the air as they waited for the arrival of the winning pigeon, flying in from Udon Thani.

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WORLD

UAC ready to finalise Myanmar power deal

Business, Post Reporters, Published on 19/01/2017

» UAC Global Plc, an MAI-listed chemical trader that has diversified into renewable energy, is expected to seal a deal to sell power from its 20-megawatt power plant to the Myanmar government in the first quarter.

BUSINESS

Rich moves to redistribute defaulted debt

Business, Post Reporters, Published on 19/01/2017

» SET-listed Rich Asia Corporation Public Plc, a maker and distributor of steel pipes, has mortgaged some of its assets to pay interest on some of the debts it has defaulted on since last year, the largest amount of which is owed to a local bank.

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BUSINESS

GPSC begins solar power operations

Business, Post Reporters, Published on 18/01/2017

» SET-listed Global Power Synergy Plc (GPSC), an electricity and utility producer under PTT Group, has started its solar power project after being awarded rights to operate a solar farm for local agricultural cooperatives by the Energy Regulatory Commission (ERC).

BUSINESS

TPBI eyes e-commerce to aid packaging

Business, Post Reporters, Published on 18/01/2017

» SET-listed TPBI Plc, a plastic packaging maker, expects to see total revenue in 2017 grow by 5-10%, thanks to rising demand for special plastic packaging for the delivery of e-commerce products as online retail grows substantially.

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BUSINESS

Unrated bills of exchange under review

Business, Post Reporters, Published on 17/01/2017

» Finance Minister Apisak Tantivorawong has asked the Securities and Exchange Commission (SEC) to regulate mutual fund companies investing in unrated bills of exchange (B/Es) after a series of defaults involving the debt instruments.

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BUSINESS

TMB: Flood toll may run to B27.4bn

Business, Post Reporters, Published on 17/01/2017

» Severe flooding in the South is estimated to cost businesses 27.4 billion baht, with rubber farmers hit the hardest, according to TMB Analytics.