Showing 1 - 10 of 575
New plan aims to save indebted Thais
Business, Wichit Chantanusornsiri, Published on 04/11/2025
» The government has greenlit a scheme to tackle small borrowers' debt problems, enabling them to re-enter the formal financial system and ease their repayment burden.
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.
Vorapak unfazed by loan scandal barbs
News, Aekarach Sattaburuth, Published on 01/10/2025
» A Pheu Thai MP has questioned the government's decision to appoint Vorapak Tanyawong as deputy finance minister, citing corruption charges filed against him by the National Anti-Corruption Commission (NACC) in relation to the Energy Earth loan scandal.
Renminbi debt in a dollar-denominated world
Oped, Published on 25/09/2025
» When governments borrow on international markets, they do so overwhelmingly in US dollars. Roughly two-thirds of international debt issuance is denominated in foreign currencies, of which nearly half is in dollars and about 40% is in euros. The rest is spread across other currencies, including the Chinese renminbi.
Thai SMEs are in need of a lifeline
Oped, Published on 07/08/2025
» Thailand's small and medium-sized enterprises (SMEs) are quietly suffering through a credit crunch with far-reaching implications. Despite accounting for over 90% of registered businesses, SMEs are finding it harder than ever to access capital. The economic recovery has been uneven, and traditional lenders -- still cautious after the pandemic -- are reducing risk exposure. But the core issue is not merely liquidity; it is the absence of a national system for reviving viable but stressed firms.
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.
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).
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.
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.