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Search Result for “bankrupt”

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GENERAL

Court to declare former Stark executive bankrupt

Nuntawun Polkuamdee, Published on 30/10/2025

» The Central Bankruptcy Court is set to issue a ruling declaring Vonnarat Tangkaravakoon, former executive and major shareholder of scandal-plagued Stark Corporation (STARK), bankrupt, with orders to distribute assets to 3,417 creditors whose combined claims total 131.4 billion baht.

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LIFE

Germany's largest gay club to shut in fresh Berlin nightlife blow

AFP, Published on 24/10/2025

» BERLIN - Germany's largest LGBTQ club, SchwuZ, announced on Thursday that the venerable Berlin institution's lights will turn off for good on Saturday, making it the latest casualty of the German capital's nightlife recession.

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GENERAL

Mixed day for global stocks amid trade angst, Powell comments

AFP, Published on 15/10/2025

» NEW YORK - European and US stock markets fell before recovering somewhat as markets weighed trade tensions between Beijing and Washington and digested fresh Federal Reserve commentary.

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OPINION

Reform lending laws

Oped, Postbag, Published on 03/09/2025

» Re: "Buy now, bankrupt later", (Business, Sept 1). Little is ever said about the so-called many (often SET-listed) prolific finance companies here, which charge very high interest rates, levy late fees very quickly, and impose other strict rules that are often, may we say, not very consumer-finance friendly.

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GENERAL

Buy now, bankrupt later

Business, Post Reporters, Published on 01/09/2025

» Buy now, pay later (BNPL) services have swiftly risen in popularity in Thailand, riding the wave of e-commerce expansion and the appeal of flexible payment options that let consumers purchase now and settle later in instalments.

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MOTORING

Carmakers still wary of Northvolt revival

Published on 26/08/2025

» STOCKHOLM — Silicon Valley start-up Lyten will need to convince carmakers it can succeed where bankrupt Swedish electric vehicle (EV) battery maker Northvolt failed -- creating a European champion to reduce the region's reliance on China.

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GENERAL

Flat-rate interest for leasing on the way out

Wichit Chantanusornsiri, Published on 20/08/2025

» The use of flat-rate interest calculation in the vehicle leasing business should be scrapped in the interest of fairness to borrowers, according to a government committee tasked with addressing household debt.

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GENERAL

Thai Airways' share price takes off after trading resumes

Reuters, Published on 04/08/2025

» Thai Airways International's stock price (THAI) surged as much as 231% after shares in the airline resumed trading on Monday, before falling back later in the morning.

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MOTORING

Tesla profits drop as Musk warns of 'rough' patch before riches

AFP, Published on 24/07/2025

» NEW YORK — Tesla reported another drop in quarterly profits Wednesday as CEO Elon Musk warned the company could face a few "rough" quarters following the elimination of federal tax credits for electric vehicles (EVs) under United States President Donald Trump's big fiscal package.

OPINION

The next war comes to a city near you

Oped, Published on 03/07/2025

» I was to visit Ukraine this week, but didn't make the trip. Because the same war I would have seen there had already come to Los Angeles.