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Search Result for “Bankruptcy”

Showing 1 - 10 of 71

BUSINESS

Govt raises stake in Thai Airways, but will not take direct control

Post Reporters, Published on 01/12/2024

» The government is set to raise its stake in Thai Airways International (THAI) but will not return the ailing airline to state enterprise status, according to a cabinet source.

BUSINESS

THAI to file restructuring plan

Post Reporters, Published on 29/09/2024

» Thai Airways International (THAI) will file its restructuring plan to the Securities and Exchange Commission (SEC) and the Stock Exchange of Thailand (SET) on Monday, paving the way for its exit from business rehabilitation after four years

THAILAND

Toxic-waste fire victims lay complaint against authorities

Post Reporters, Published on 24/04/2024

» About 100 people affected by the fire still burning at a hazardous waste storage plant in Rayong province have filed a complaint against the industrial authorities who earlier approved it.

BUSINESS

SMK Insurance barred from new customers

Post Reporters, Published on 17/12/2023

» The Office of Insurance Commission (OIC) had ordered SET-listed Syn Mun Kong Insurance (SMK) not to accept new applicants after the Central Bankruptcy Court revoked its rehabilitation petition.

THAILAND

B10k plan faces war of words

Post Reporters, Published on 13/11/2023

» A war of words between the Pheu Thai Party-led government and the main opposition Move Forward Party (MFP) over the controversial digital money handout scheme raged on Sunday, as more critics lined up to express their disagreement with the Pheu Thai's flagship policy.

THAILAND

Airport protesters' assets in peril

News, Post Reporters, Published on 19/10/2023

» The Central Bankruptcy Court has issued an absolute receivership order against eleven core members of the now-dissolved People Alliance for Democracy (PAD) in a bankruptcy lawsuit related to their protests that led to the shutting down of the capital's two main airports.

THAILAND

Govt offers schemes to reduce household debt

Post Reporters, Published on 13/10/2023

» The government aims to bring household debt down to less than 80% of gross domestic product (GDP) while offering various debt-settlement measures to help people who are struggling, deputy government spokeswoman Rudklao Suwankiri said on Friday.

THAILAND

Court asked to help shift 'demon' statue

News, Post Reporters, Published on 26/08/2023

» A major shareholder of the Bazaar Hotel Bangkok has petitioned a court for the removal of the controversial Khru Kai Kaeo statue from its premises on Ratchadaphisek Road.

BUSINESS

Thai Airways to borrow less amid recovery

News, Post Reporters, Published on 24/11/2022

» Thai Airways International (THAI) requires only half the money which it initially estimated would be needed for recapitalisation, given its consistently positive performance, a high-level meeting was told.

THAILAND

THAI's new rehab plan gets court nod

News, Post Reporters, Published on 21/10/2022

» The Central Bankruptcy Court has approved Thai Airways International's (THAI) revised business reorganisation plan, setting in motion its full financial restructuring process, according to a high-ranking source in the company.