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Search Result for “liquidity crisis”

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THAILAND

Absentee factory owner to be charged

News, Penchan Charoensuthipan, Published on 26/05/2023

» The labour minister has ordered the Department of Labour Protection and Welfare to press charges against the owner of Grand UB Co, a furniture factory in Chon Buri, after its closure resulted in its 63 workers being laid off without payment.

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THAILAND

Workers to feel pinch of grinding economy

News, Penchan Charoensuthipan, Published on 01/01/2020

» Workers' wages won't stretch very far this year amid a protracted economic slowdown that will hit pockets hard, say experts and labour leaders.

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THAILAND

Workers urge bankrupt factory to pay up

News, Penchan Charoensuthipan, Published on 01/05/2017

» Laid-off workers at a garment factory in Samut Sakhon have demanded their ex-employer speed up compensation payments after the textile company, which went bankrupt last month, said it will pay them in six months.

THAILAND

Errant firms owe B4bn to govt agency

News, Penchan Charoensuthipan, Published on 19/08/2012

» More than 30,000 employers have failed to make monthly contributions totalling about for billion baht to the Social Security Fund (SSF).