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Search Result for “Bankruptcy”

Showing 1 - 10 of 489

BUSINESS

Thai infrastructure bond market poised for growth

Business, Published on 09/04/2026

» The infrastructure bond market in Thailand is likely to expand in the medium term, driven by banks' stricter capital management, pressure on government funding due to high public debt, as well as strong demand from domestic and international investors for long-term stable assets, according to panelists at a recent seminar held by Fitch Ratings.

BUSINESS

Sale of state enterprise land in Bang Na halted

News, Apinya Wipatayotin, Published on 12/02/2026

» The Ministry of Natural Resources and Environment has halted the sale of land in Bang Na district of Bangkok belonging to the Forest Industry Organization (FIO), saying it had been undervalued.

BUSINESS

Luxury retailer Saks Global files for bankruptcy

AFP, Published on 14/01/2026

» NEW YORK - US luxury retail group Saks Global, the parent company of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, said Wednesday it had filed for bankruptcy.

BUSINESS

Luxury retailer Saks Global files for bankruptcy

AFP, Published on 14/01/2026

» WASHINGTON — United States luxury retail group Saks Global, the parent company of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, said Wednesday it had filed for bankruptcy.

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

Nok Air to expand after red flag lifted

Business, Narumon Kasemsuk, Published on 02/12/2025

» Nok Air expects to fix the red flag issued by the Civil Aviation Authority of Thailand (CAAT) within this year, expanding international flights and adding frequencies to domestic routes, with a goal to exit the rehabilitation plan by 2028.

BUSINESS

Agencies refine probe of Thaksin's assets

Business, Wichit Chantanusornsiri, Published on 25/11/2025

» The Revenue Department is preparing to further investigate former prime minister Thaksin Shinawatra's assets to recover the 17.6-billion-baht tax debt arising from share sales of Shin Corp, a telecom firm he founded, to Singapore's Temasek Holdings Pte.

BUSINESS

Miss Grand International presses on with risk-laden JKN deal

Business, Nuntawun Polkuamdee, Published on 13/11/2025

» SET-listed Miss Grand International (MGI) is proceeding with its plan for a conditional subscription in the debt-ridden content provider JKN Global Group (JKN), though analysts warn of deeper structural risks.

BUSINESS

Court to declare former Stark executive bankrupt

Nuntawun Polkuamdee, Published on 30/10/2025

» The Central Bankruptcy Court is set to issue a ruling declaring Vonnarat Tangkaravakoon, former executive and major shareholder of scandal-plagued Stark Corporation (STARK), bankrupt, with orders to distribute assets to 3,417 creditors whose combined claims total 131.4 billion baht.

BUSINESS

Japan warns Vietnam of job losses as Hanoi motorbike ban hits Honda

Reuters, Published on 21/10/2025

» HANOI/TOKYO — The Japanese government and some of the nation's top manufacturers have warned Vietnam that a planned ban on petrol-powered motorbikes in Hanoi could spark job losses and disrupt a US$4.6 billion market that is dominated by Honda, according to documents reviewed by Reuters and seven people familiar with the matter.