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BUSINESS

SSI to finish rehab plan by August

Business, Somruedi Banchongduang, Published on 28/03/2016

» The business rehabilitation plan for Sahaviriya Steel Industries Plc (SSI) is expected to be completed by August, one of its bank creditors has said. Among the crucial elements of the programme are a debt-to-equity swap and a new strategic partner.

BUSINESS

Asian stocks down over Glum manufacturing data

Business, Published on 28/09/2015

» Recap: Downbeat manufacturing data from the US and China stoked fresh worries over the global economy and sent Asian stock markets down. Sahaviriya Steel Industries Plc's debt woes also rattled Thai stocks with its shares and those of its three major lenders coming under a selling spree.