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Search Result for “creditor”

Showing 1 - 10 of 120

BUSINESS

Bad debt scheme sees 100,000 sign up

Business, Wichit Chantanusornsiri, Published on 13/01/2026

» More than 100,000 people have applied to be part of the debt restructuring scheme "Clear Debt, Move Forward" during its first week, while 1.2 million borrowers are targeted for the first phase of implementation.

BUSINESS

THAI prepares to formulate new strategy

Business, Wichit Chantanusornsiri, Published on 09/01/2026

» The board of Thai Airways International (THAI) Plc has appointed four subcommittees to drive the organisation forward and is preparing to hold a meeting to formulate the company's strategy next month.

BUSINESS

Thailand's quiet wealth: Resilience in a volatile world

Business, Thanachot Nontakatrakool, Published on 01/12/2025

» Imagine living in a neighbourhood where the weather changes without warning. One day the heat rises, the next day the wind shifts, and sometimes the rain falls even when the sky looks clear. That’s what the global economy feels like today rising debt, unpredictable capital movements and mounting currency pressures. But in the middle of this shifting climate, Thailand sits on one of the most stable patches of ground in the region.

BUSINESS

New plan aims to save indebted Thais

Business, Wichit Chantanusornsiri, Published on 04/11/2025

» The government has greenlit a scheme to tackle small borrowers' debt problems, enabling them to re-enter the formal financial system and ease their repayment burden.

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

Detailing Neta's fall from grace

Lamonphet Apisitniran, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 12/07/2025

» Jutamas Tadthiemrom, an employee of a Bangkok-based media corporation, has been using her Neta electric vehicle (EV) for just over a year. The main reason she bought it was to reduce her fuel expenses, as she had used her previous car for more than 12 years.

BUSINESS

Hozon, Chinese EV giant behind NETA, files for bankruptcy - what it means for Thailand

Online Reporters, Published on 23/06/2025

» On June 19, China's state-owned media outlet CCTV reported that Zhejiang Hozon New Energy Automobile, the parent company of electric vehicle brand NETA, had officially filed for bankruptcy. The filing came after a creditor sued the company over an unpaid debt of approximately 5.3 million yuan (about US$730,000), amid total liabilities exceeding 10 billion yuan ($1.4 billion).

BUSINESS

JKN founder, sister resign after SEC files charges

Business, Nuntawun Polkuamdee, Published on 07/06/2025

» Jakkaphong Jakrajutatip, chief executive of JKN Global Group, and her sister, Pimuma Jakrajutatip, have resigned from all executive and other positions at the SET-listed content and media buying company after the Securities and Exchange Commission (SEC) filed criminal complaints against the pair.

BUSINESS

Thailand's G-Token a borrowing innovation

Business, Wichit Chantanusornsiri, Published on 24/05/2025

» The current monetary system has long served as a medium of exchange for goods, but encrypted digital information systems are challenging that legacy.

BUSINESS

Ministry eyes measures for smaller debts

Business, Wichit Chantanusornsiri, Published on 21/03/2025

» The Finance Ministry is considering measures to address household debt for loans of less than 100,000 baht, which account for 35% of total household debt.