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Search Result for “debtor”

Showing 1 - 10 of 580

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THAILAND

Ex-MP arrested in Laos over party embezzlement

Published on 24/08/2025

» Former Thai Rak Tham Party MP and leader Peerawit Ruangluedolphak has been arrested on charges of embezzling 17.6 million baht in party funds.

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THAILAND

Loan shark arrested for charging 3,400% annual interest

Online Reporters, Published on 17/08/2025

» A 37-year-old recently-released inmate has been arrested for running illegal money lending services with annual interest rates as high as 3,400%, Economic Crime Suppression Division (ECD) officers said on Sunday.

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OPINION

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.

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GENERAL

Pichai: US rate likely to be revealed by Saturday

Business, Wichit Chantanusornsiri, Published on 30/07/2025

» US tariffs on Thailand are expected to be announced on Aug 1 or 2, with the rate unlikely to remain at 36%, says Finance Minister Pichai Chunhavajira.

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OPINION

Resetting development finance

Oped, Published on 03/07/2025

» At the Fourth International Conference on Financing for Development this week in Seville, delegates are calling for urgent action to fix a system that has stopped working. Prior to the third such gathering a decade ago, in Ethiopia, we had witnessed unprecedented advances towards reducing poverty, increasing school enrolment, and providing clean water worldwide. Today, however, progress is not only slowing but potentially stagnating -- or, worse, reversing.

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GENERAL

Debt relief scheme to be expanded

Business, Wichit Chantanusornsiri, Published on 02/07/2025

» The cabinet has approved expansion of debtor eligibility for the "You Fight, We Help" debt relief programme.

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THAILAND

Seven Vietnamese loan sharks arrested

News, Online Reporters, Published on 21/06/2025

» Seven Vietnamese people have been arrested at a house in Pathum Thani for operating an illegal online lending business, charging customers in Vietnam high floating interest rates, Thai police said on Saturday.

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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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THAILAND

Seven suspects arrested in illegal loan crackdown

News, Wassayos Ngamkham, Published on 31/05/2025

» Seven suspects have been arrested in connection with three illegal lending businesses with cash flow of at least 100 million baht each following police raids in four provinces, Economic Crime Suppression Division (ECD) officers said on Saturday.

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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.