Showing 1 - 10 of 10
Buy now, bankrupt later
Business, Post Reporters, Published on 01/09/2025
» Buy now, pay later (BNPL) services have swiftly risen in popularity in Thailand, riding the wave of e-commerce expansion and the appeal of flexible payment options that let consumers purchase now and settle later in instalments.
Stark suspect denies cash transfers
Post Reporters, Published on 23/06/2024
» The lawyer of Chanin Yensudchai, one of the key suspects in the Stark Corporation embezzlement scandal, on Sunday rejected reports his client had transferred more than 8 billion baht out of the country.
Chanin's B220m bank account frozen
News, Post Reporters, Published on 12/08/2023
» The Department of Special Investigation (DSI) has frozen a bank account worth 220 million baht belonging to scandal-hit Stark Corp's former chairman Chanin Yensudchai, DSI spokeswoman Pichaya Tarakornsanti said on Friday.
Stark faces 11,000 shareholder complaints
Post Reporters, Published on 06/07/2023
» About 11,000 individual shareholders through their representatives have joined the Securities and Exchange Commission (SEC) in filing complaints against Stark Corp Plc and its former executives for fraud related to falsified financial statements.
SET orders progress update on Stark reports
Business, Post Reporters, Published on 10/06/2023
» The Stock Exchange of Thailand (SET) has told Stark Corporation to clarify its progress regarding preparation of its 2022 financial statement and a special audit report, as well as issues surrounding the company's bond payment defaults.
Interest rate cut for loan defaulters
News, Post Reporters, Published on 28/05/2021
» Parliament has approved an emergency decree to amend the Civil and Commercial Code to reduce the interest rate charged for loan defaults which has been used for almost a century.
Thai Airways to offer partial rehab plan in August
News, Post Reporters, Published on 04/07/2020
» Thai Airways International (THAI) will speed up the drafting of its rehabilitation plan to submit it to the Central Bankruptcy Court on Aug 17, when the court is scheduled to begin examining the airline's rehabilitation request, acting THAI president Chansin Treenuchagron said on Friday.
Somkid, BoT soothe jitters after mutual fund sell-offs
Post Reporters, Published on 27/03/2020
» The government and financial regulators have provided assurances about the asset quality of TMBAM Eastspring's four fixed-income funds which were terminated following heavy panic-selling.
Fund eyes loan payback extension
News, Post Reporters, Published on 01/08/2018
» The repayment period for loans under the Student Loan Fund (SLF) could be extended beyond its current limit of 15 years, according to SLF manager Chainarong Kajchapanan.
Fitch sees bad loans declining
Business, Post Reporters, Published on 31/01/2018
» Fitch Ratings expects impaired loans of listed Thai banks to level off during the course of this year as a more benign operating environment and tighter recent underwriting standards ease some of the pressure.