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Pandemic pushes millions of small Thai companies into crisis
Bloomberg News, Published on 06/07/2021
» Many small and medium-sized enterprises, the backbone of Thailand’s economy, are struggling with crushing debt loads that could force them out of business as the latest wave of Covid infections dims the prospects for an economic recovery.
CP scion prepares for bad debt bonanza
Bloomberg News, Published on 06/07/2021
» Just three months after the government threw a 350 billion baht lifeline to businesses struggling to survive the pandemic, a scion of Thailand’s wealthiest business dynasty is betting the bailout won’t be enough to stanch a deluge of distressed assets.