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Search Result for “Bankruptcy”

Showing 1 - 10 of 22

BUSINESS

JKN18 channel to cease broadcasting on Jan 26

Online Reporters, Published on 14/01/2026

» JKN18, the digital television channel owned by fugitive entrepreneur Jakkaphong “Anne” Jakrajutatip, will cease broadcasting on Jan 26, the latest casualty in the collapse of her JKN Global Group empire.

BUSINESS

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).

THAILAND

Funai factory's closure throws 831 out of work

Online Reporters, Published on 13/11/2024

» More than 800 people have been thrown out of work by the abrupt closure of audio-video equipment manufacturer Funai (Thailand) Co in Nakhon Ratchasima.

THAILAND

Burning waste warehouses raise pollution fears

Online Reporters, Published on 23/04/2024

» Fires continued to burn at the hazardous waste site owned by Win Process Co in Rayong on Tuesday, amid concerns over the environmental impact of the blaze.

THAILAND

Woman arrested at border linked to scam gang, family tragedy

Online Reporters, Published on 30/08/2023

» A young woman who opened a bank account for a scam gang linked to a family tragedy in Samut Prakan has been arrested as she returned to Thailand from Cambodia through a border checkpoint in Sa Kaeo province.

BUSINESS

Creditors okay revised THAI rehab plan

Online Reporters, Published on 01/09/2022

» Creditors of Thai Airways International (THAI) on Thursday approved a new rehabilitation plan in what the airline called a major step forward on its flight back to full recovery.

BUSINESS

SEC demands Zipmex clarify bankruptcy filing

Online Reporters, Published on 30/07/2022

» The Securities and Exchange Commission (SEC) is demanding answers from executives of Zipmex after the cryptocurrency exchange refused to explain its filing for debt relief in Singapore.

BUSINESS

SMK policyholders to protest after court accepts rehab petition

Online Reporters, Published on 22/05/2022

» A group formed to claim insurance pay-outs owed to them by Syn Mun Kong Insurance (SMK) is looking to stage a gathering on Monday after the company’s rehabilitation petition was accepted by the Central Bankruptcy Court on May 18.

BUSINESS

Chansin resigns as THAI chief, replaced by Suvadhana

Online Reporters, Published on 16/06/2021

» Chansin Treenuchagron has resigned from the position of acting president of Thai Airways International (THAI) and been replaced by Suvadhana Sibunruang, the airline announced on Wednesday.

BUSINESS

Union slams Thai Airways move to slash leave days

Online Reporters, Published on 01/03/2021

» The labour union of Thai Airways International is protesting changes to the ailing flag carrier's employment contract, which its employees were asked to agree to as part of its financial rehabilitation programme.