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Search Result for “Bankruptcy”

Showing 1 - 10 of 39

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GENERAL

Official predicts Thai Airways can relist on the SET in 2025

Business, Wichit Chantanusornsiri, Published on 05/02/2024

» The State Enterprise Policy Office (Sepo) expects Thai Airways International Plc (THAI) to relist on the Stock Exchange of Thailand next year, says Tibordee Wattanakul, director-general of Sepo.

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GENERAL

Total premiums expected to reach B1tn by 2026

Business, Wichit Chantanusornsiri, Published on 18/01/2024

» The Office of the Insurance Commission (OIC) says the insurance sector expanded by 4.5% recently, with total insurance premiums expected to reach 1 trillion baht in 2026, up from 800-900 billion baht at present, according to secretary-general Chuchatr Pramoolpol.

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INVESTMENT

Ministry keeps an eye on debentures

Wichit Chantanusornsiri, Published on 10/01/2024

» The Finance Ministry is closely monitoring problems with corporate debenture repayments, says permanent secretary Lavaron Sangsnit.

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BUSINESS

FPO requests debt restructuring

Business, Wichit Chantanusornsiri, Published on 29/06/2023

» The Fiscal Policy Office (FPO) is calling on state financial institutions and commercial banks to implement debt restructuring measures to reduce the debt repayment burden rather than extending the repayment period, says director-general Pornchai Thiraveja.

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BUSINESS

Exim Bank promotes export credit policies

Business, Wichit Chantanusornsiri, Published on 22/06/2023

» Export-Import (Exim) Bank of Thailand advocates the use of export credit insurance to safeguard against non-payment risks from overseas buyers, says first vice-president Apinut Chatusripitak.

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BUSINESS

Govt to recapitalise Thai Airways with B10bn

News, Wichit Chantanusornsiri, Published on 28/10/2022

» The government will need to raise 10 billion baht to recapitalise financially ailing Thai Airways International (THAI) to keep its shareholding in the company from dipping below 40%, according to the State Enterprise Policy Office (Sepo).

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BUSINESS

Govt to inject another B10bn into THAI

Wichit Chantanusornsiri, Published on 27/10/2022

» The Finance Ministry plans to inject 10 billion baht into Thai Airways International to keep its shareholding from dipping below 40%, according to the State Enterprise Policy Office (Sepo).

BUSINESS

GSB puts off bad loan lawsuits for 4 months

Business, Wichit Chantanusornsiri, Published on 16/02/2022

» Government Savings Bank (GSB) has delayed its plan to file lawsuits against customers with non-performing loans (NPLs) for four months, giving them more time to seek ways to address the problem, says bank president Vitai Ratanakorn.

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BUSINESS

THAI seeks B25bn loan, expands cargo flights by 30 routes

News, Wichit Chantanusornsiri, Published on 12/11/2021

» Thai Airways International (THAI) is expected to seek 25 billion baht in loans to boost its financial liquidity as the airline expands its cargo flight services to a further 30 routes from now until March next year.

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BUSINESS

Exim urges SMEs to export

Business, Wichit Chantanusornsiri, Published on 14/08/2021

» Small and medium-sized enterprises (SMEs) should venture into overseas markets to seek growth, says Export-Import Bank of Thailand (Exim Bank) president Rak Vorrakitpokatorn.