Showing 1 - 10 of 132
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.
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.
Carmakers still wary of Northvolt revival
Marie Mannes, Alessandro Parodi, Gilles Guillaume, Published on 26/08/2025
» STOCKHOLM — Silicon Valley start-up Lyten will need to convince carmakers it can succeed where bankrupt Swedish electric vehicle (EV) battery maker Northvolt failed -- creating a European champion to reduce the region's reliance on China.
Flat-rate interest for leasing on the way out
Wichit Chantanusornsiri, Published on 20/08/2025
» The use of flat-rate interest calculation in the vehicle leasing business should be scrapped in the interest of fairness to borrowers, according to a government committee tasked with addressing household debt.
Thai Airways' share price takes off after trading resumes
Reuters, Published on 04/08/2025
» Thai Airways International's stock price (THAI) surged as much as 231% after shares in the airline resumed trading on Monday, before falling back later in the morning.
Tesla profits drop as Musk warns of 'rough' patch before riches
AFP, Published on 24/07/2025
» NEW YORK — Tesla reported another drop in quarterly profits Wednesday as CEO Elon Musk warned the company could face a few "rough" quarters following the elimination of federal tax credits for electric vehicles (EVs) under United States President Donald Trump's big fiscal package.
Executives advise caution for EV insurers
Business, Nuntawun Polkuamdee, Published on 09/06/2025
» Thailand's non-life insurance sector is on high alert as reports circulate that a Chinese electric vehicle (EV) manufacturer active in the Thai market may face bankruptcy, hinting that EV insurance is already a loss-making business.
Final check for Bank of Thailand board chair in April
Business, Nareerat Wiriyapong and Wichit Chantanusornsiri, Published on 05/03/2025
» The Finance Ministry expects to complete the final qualifications check for the new chairman of the Bank of Thailand board in April before forwarding his name to the cabinet for appointment.
Singapore oil mogul declared bankrupt after empire collapsed
Bloomberg, Published on 29/12/2024
» Former tycoon Lim Oon Kuin has been declared bankrupt in Singapore, following the collapse of his oil trading empire.
Topical topics in 2024
Business, Post Reporters, Published on 24/12/2024
» As 2024 approaches its close, many stories that created headlines this year remain unresolved, leaving concerns, hopes and doubts among both the government and business community.