Showing 101 - 110 of 174
What happens next after China Evergrande ordered to liquidate
Reuters, Published on 29/01/2024
» HONG KONG - A Hong Kong court on Monday ordered China Evergrande, the world's most indebted developer, to be liquidated. The move could send shockwaves through already fragile Chinese capital and property markets. Such a process could be complicated, with potential political considerations, given the many authorities involved.
Industry leaders support Pita ruling
Business, Post Reporters, Published on 25/01/2024
» The business sector does not expect to be affected by politics or the Constitutional Court rulings on two political cases this month, saying the government focus needs to be on the economy.
JKN selling 50% of Miss Universe business
Published on 24/01/2024
» The struggling local media company JKN Global Group Plc has said it will sell a 50% stake in its Miss Universe business for $16 million (570 million baht).
SEC tightens high-yield bond oversight as investment drops after defaults, Stark scandal
Published on 22/01/2024
» The Securities and Exchange Commission is stepping up supervision of high-yield bonds to boost payment safeguards and investor confidence after several recent defaults and a major accounting scandal rocked the market for speculative debt, SEC Secretary-General Pornanong Budsaratragoon said.
Total premiums expected to reach B1tn by 2026
Business, Wichit Chantanusornsiri, Published on 18/01/2024
» The Office of the Insurance Commission (OIC) says the insurance sector expanded by 4.5% recently, with total insurance premiums expected to reach 1 trillion baht in 2026, up from 800-900 billion baht at present, according to secretary-general Chuchatr Pramoolpol.
NBTC board votes 4:3 to reject recruitment of new chief
Business, Komsan Tortermvasana, Published on 18/01/2024
» The board of the National Broadcasting and Telecommunications Commission (NBTC) voted 4:3 yesterday against a recruitment process for a new secretary-general, indicating the process has been driven by the chairman and invalid from the start.
Agency seeks allies to take down scams
Business, Suchit Leesa-nguansuk, Published on 08/01/2024
» The National Cyber Security Agency (NCSA) is seeking an alliance to urge Meta, the parent of Facebook, to implement stronger measures to handle scam advertising on the platform.
New York Times sues AI giant
Published on 27/12/2023
» NEW YORK - The New York Times is suing OpenAI and Microsoft, accusing them of using millions of the newspaper’s articles without permission to help train artificial intelligence technologies.
A year of milestones
Business, Post Reporters, Published on 26/12/2023
» As 2023 concludes, the year stands out for a multitude of noteworthy events and news.
KLM denies ‘greenwashing’ in court
Published on 19/12/2023
» AMSTERDAM - KLM defended itself against “greenwashing” allegations in court on Tuesday, asking judges to rule against an environmental group that has argued the Dutch airline’s “Fly Responsibly” advertising campaign was misleading.