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Search Result for “damages”

Showing 1 - 10 of 282

BUSINESS

Musk seeks up to $134 billion in OpenAI lawsuit

Published on 17/01/2026

» Elon Musk is seeking ‍up to $134 billion from OpenAI and Microsoft, arguing he deserves the “wrongful gains” that they received ‌from his early support of ​the artificial-intelligence startup, according to a court filing.

BUSINESS

Phornprapha family members indicted for stock manipulation

Published on 13/01/2026

» Prosecutors have indicted three members of the Phornprapha family in the More Return stock manipulation scandal, with the Criminal Court accepting the charges and considering bail requests.

BUSINESS

Ruling on pilot training charges creates legal precedent

Business, Molpasorn Shoowong, Published on 07/01/2026

» Over a dozen student pilots won a lawsuit against Nok Air regarding a requirement for additional training charges outside a contract for co-pilot employment, while the Court of Justice ordered compensation of one-third of 32.5 million baht in total damages.

BUSINESS

Regulator eases investment rules for insurance firms

Nuntawun Polkuamdee, Published on 18/12/2025

» The Office of the Insurance Commission (OIC) has eased investment restrictions on insurance companies, lowering equity risk charges to allow insurers to invest more in the Thai stock market.

BUSINESS

Thai Life agent has licence cancelled

Business, Nuntawun Polkuamdee, Published on 12/12/2025

» The Office of Insurance Commission (OIC) has revoked the licence of a life insurance agent of Thai Life Insurance Plc, after uncovering a large-scale premium fraud scheme that caused losses estimated in the hundreds of millions of baht.

BUSINESS

Pundits assess disaster's impact on Thai growth

Business, Nareerat Wiriyapong, Published on 03/12/2025

» The final impact of the devastating floods in the South on GDP growth will depend on the speed of recovery and reconstruction, say analysts, as the government could expedite disaster relief cash handouts to affected households in the less prosperous region.

BUSINESS

Southern flood damage exceeds B500bn

Wichit Chantanusornsiri and Mongkol Bangprapa, Published on 01/12/2025

» Catastrophic flooding in the South has inflicted economic losses exceeding 500 billion baht, the Finance Ministry has estimated.

BUSINESS

Call for tourism relief blueprint

Business, Narumon Kasemsuk, Published on 28/11/2025

» The Tourism Council of Thailand (TCT) has proposed a 60-day relief framework to ease the impact on tourism businesses caused by severe flooding in the South, with damages estimated at more than 10 billion baht.

BUSINESS

Home seizures spike on bad debt

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

» The state planning unit has raised concerns about mortgage borrowers as new data shows a significant increase in homes being seized and put up for auction.

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.