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Search Result for “creditor”

Showing 1 - 10 of 570

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MOTORING

Detailing Neta's fall from grace

Published on 12/07/2025

» Jutamas Tadthiemrom, an employee of a Bangkok-based media corporation, has been using her Neta electric vehicle (EV) for just over a year. The main reason she bought it was to reduce her fuel expenses, as she had used her previous car for more than 12 years.

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MOTORING

Hozon, Chinese EV giant behind NETA, files for bankruptcy - what it means for Thailand

Online Reporters, Published on 23/06/2025

» On June 19, China's state-owned media outlet CCTV reported that Zhejiang Hozon New Energy Automobile, the parent company of electric vehicle brand NETA, had officially filed for bankruptcy. The filing came after a creditor sued the company over an unpaid debt of approximately 5.3 million yuan (about US$730,000), amid total liabilities exceeding 10 billion yuan ($1.4 billion).

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GENERAL

JKN founder, sister resign after SEC files charges

Business, Nuntawun Polkuamdee, Published on 07/06/2025

» Jakkaphong Jakrajutatip, chief executive of JKN Global Group, and her sister, Pimuma Jakrajutatip, have resigned from all executive and other positions at the SET-listed content and media buying company after the Securities and Exchange Commission (SEC) filed criminal complaints against the pair.

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GENERAL

Thailand's G-Token a borrowing innovation

Business, Wichit Chantanusornsiri, Published on 24/05/2025

» The current monetary system has long served as a medium of exchange for goods, but encrypted digital information systems are challenging that legacy.

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WORLD

Cambodia eyes more China help as Xi visits amid US tariff standoff

Published on 17/04/2025

» Cambodia is betting on more financial support from China, including for infrastructure, as President Xi Jinping visits the country on Thursday at the end of a three-nation trip in Southeast Asia, a Cambodian government spokesman said.

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LIFE

Pregnancy scam bites; hammock attack; canine kill

News, Mae Moo, Published on 13/04/2025

» Pitter, patter of tiny feet

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OPINION

This UN debt initiative is different

News, Published on 07/04/2025

» Economic development requires financing that is affordable, accessible and has maturities matched to development outcomes. Yet for most developing countries, none of the above apply. Instead, an escalating "debt disaster" is unfolding across much of the developing world, exacerbated by a series of cascading global crises.

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OPINION

Govt keen to dangle debt relief

News, Veera Prateepchaikul, Published on 24/03/2025

» Former prime minister Thaksin Shinawatra's recent idea to solve the problem of non-performing loans (NPLs) in the household debt sector is just a further extension of two similar programmes introduced by a previous Pheu Thai-led government to ease the financial burden of small debtors and SMEs.

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THAILAND

Loan sharks arrested in 5 Thai provinces

Wassayos Ngamkham, Published on 23/03/2025

» Police conducted multiple raids against suspected loan sharks and arrested eight in five major provinces.