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Search Result for “bankruptcy”

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BUSINESS

Nok Air to expand after red flag lifted

Business, Narumon Kasemsuk, Published on 02/12/2025

» Nok Air expects to fix the red flag issued by the Civil Aviation Authority of Thailand (CAAT) within this year, expanding international flights and adding frequencies to domestic routes, with a goal to exit the rehabilitation plan by 2028.

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BUSINESS

Agencies refine probe of Thaksin's assets

Business, Wichit Chantanusornsiri, Published on 25/11/2025

» The Revenue Department is preparing to further investigate former prime minister Thaksin Shinawatra's assets to recover the 17.6-billion-baht tax debt arising from share sales of Shin Corp, a telecom firm he founded, to Singapore's Temasek Holdings Pte.

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THAILAND

Ex-judge Narong voted in as new EC chief

News, Published on 19/11/2025

» The Election Commission (EC) on Tuesday voted 4–3 to appoint former judge Narong Klunwarin as its new chairman, narrowly defeating a candidate rumoured to have political backing.

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BUSINESS

Miss Grand International presses on with risk-laden JKN deal

Business, Nuntawun Polkuamdee, Published on 13/11/2025

» SET-listed Miss Grand International (MGI) is proceeding with its plan for a conditional subscription in the debt-ridden content provider JKN Global Group (JKN), though analysts warn of deeper structural risks.

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BUSINESS

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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BUSINESS

Japan warns Vietnam of job losses as Hanoi motorbike ban hits Honda

Reuters, Published on 21/10/2025

» HANOI/TOKYO — The Japanese government and some of the nation's top manufacturers have warned Vietnam that a planned ban on petrol-powered motorbikes in Hanoi could spark job losses and disrupt a US$4.6 billion market that is dominated by Honda, according to documents reviewed by Reuters and seven people familiar with the matter.

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LIFE

Don't let the party stop: Berlin's fight against 'club death'

AFP, Published on 16/10/2025

» BERLIN — Berlin, long hailed as one of the world's great party cities, is fighting to keep its famed techno clubs alive in the face of soaring prices, shifting tastes and a tightening property market.

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OPINION

Keeping universal healthcare strong

Oped, Published on 24/09/2025

» For 23 years, Thailand's universal healthcare scheme, better known as the "gold card", has protected millions from financial ruin, a remarkable achievement that has earned worldwide praise. Yet, the system is not perfect.

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BUSINESS

Staff ready for Travel Holiday complaints

Business, Molpasorn Shoowong, Published on 17/09/2025

» The Tourism Department has opened a channel for complaints from tourists affected by Travel Holiday, a tour company that ceased operations due to the death of an executive.