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Search Result for “bankruptcy”

Showing 1 - 10 of 24

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BUSINESS

Earnings surge for main Thai airlines as tourists flock back

Bloomberg News, Published on 14/05/2023

» Thai Airways International (THAI) Public Company Limited and Bangkok Airways Public Company Limited reported a surge in first-quarter earnings as tourists flocked back to Thailand.

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BUSINESS

Thai Airways 2022 operating loss narrows amid boom in air travel

Bloomberg News, Published on 24/02/2023

» Thai Airways International (THAI) Plc’s operating loss narrowed 84% last year after Thailand eased pandemic-related border restrictions and tourists started to come back to the popular Southeast Asia holiday destination.

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BUSINESS

Cryptos sag as funds drained from FTX switch out of ether

Bloomberg News, Published on 21/11/2022

» SINGAPORE: Cryptocurrency prices struggled Monday in the ongoing crisis sparked by the downfall of Sam Bankman-Fried’s once powerful FTX empire

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BUSINESS

Zipmex allowing some altcoin withdrawals

Bloomberg News, Published on 03/08/2022

» Asia crypto exchange Zipmex Pte plans to allow users to withdraw some tokens from their trading accounts.

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BUSINESS

Crypto woes spread as Celsius, Babel links hit another exchange

Bloomberg News, Published on 21/07/2022

» Zipmex, a cryptocurrency exchange that operates in Singapore and Thailand, has halted withdrawals as the fallout from a series of defaults spreads further throughout the digital-assets industry.

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BUSINESS

Sunken cruise empire tycoon to launch new Singapore-Thailand line

Bloomberg News, Published on 18/05/2022

» Malaysian billionaire Lim Kok Thay is launching another cruise line in Singapore - with hopes to run cruises to Thailand from September - months after his Hong Kong-based cruise empire imploded.

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BUSINESS

Vietnamese EV maker to build $2bn plant in US

Bloomberg News, Published on 30/03/2022

» Vietnamese electric-vehicle maker VinFast said it will start building a factory in North Carolina this year, ahead of a planned initial public offering (IPO) in the United States.

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BUSINESS

THAI eyes B25bn loans to finance operations

Bloomberg News, Published on 15/06/2021

» Thai Airways International is seeking new loans to help fund operations after the court approved its plan to restructure at least 170-billion-baht debt.

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BUSINESS

Thai Airways debt revamp plan gets support from finmin

Bloomberg News, Published on 03/03/2021

» The Finance Ministry, the largest shareholder of Thai Airways International Plc, signalled its support for a restructuring plan that includes raising fresh capital, a temporary freeze on repayment of borrowings and slashing its workforce by half to return the debt-ridden airline to profit.

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BUSINESS

THAI posts record B141bn loss

Bloomberg News, Published on 25/02/2021

» Thai Airways International, the flag carrier in the middle of a debt restructuring, reported a record loss last year after the coronavirus outbreak ground most of its services to a halt.