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Korat factory shut after Japanese parent goes bankrupt
SATURDAY, NOVEMBER 02, 2024
Labour Ministry ensuring employees of Funai (Thailand) Ltd in Nakhon Ratchasima province are properly compensated
Association issues clarification on direct sales firm accused of scam
FRIDAY, OCTOBER 11, 2024
The iCon Group, a direct sales company suspected of scamming the public by using celebrities as influencers, was not a member of Thai Direct Selling Association (TDSA), the association said in a statement on Friday.
Social media influencers vow to target slimy direct sales company
WEDNESDAY, OCTOBER 09, 2024
Social media influencers have vowed to expose the tricks of a large direct sales company which had caused over 1 million baht in damage to resellers.
Three reasons why Thai Airways should not return to being a state enterprise
SUNDAY, SEPTEMBER 15, 2024
What’s the way forward for the national carrier after it exits rehabilitation?
I Travel and FTI Touristik bankruptcies leave Thai hotels in lurch, Germany asked for relief
SATURDAY, AUGUST 17, 2024
The Thai hotel industry is reeling from the collapse of two major European tour operators, I Travel and FTI Touristik GmbH, which has left 179 hotels out of pocket to the tune of 173 million baht, Thienprasit Chaiyapatranun, president of the Thai Hotels Association (THA) said on Friday.
Three Thai airlines devising fundraising plans to exit rehabilitation
TUESDAY, JUNE 25, 2024
Thai Airways International, Thai AirAsia X and Nok Air set out to exit rehabilitation and launch flights to destinations old and new
Red Lobster investigates Thai Union, potential cause of bankruptcy filing
TUESDAY, MAY 21, 2024
Red Lobster, which filed for Chapter 11 bankruptcy in Florida on Sunday night, is investigating the role its majority owner Thai Union played in the restaurant chain's "endless shrimp" promotion that caused $11 million in losses, court documents showed.
Over-50s, men, singles lead South Korea bankruptcies
FRIDAY, APRIL 26, 2024
Of those who declared themselves bankrupt, 83.5 % had been beneficiaries of the state-provided Basic Livelihood Security Program for those with minimal or no income.
New Thai owner of Miss Universe files for bankruptcy
THURSDAY, NOVEMBER 09, 2023
JKN Global Group Plc (JKN), which acquired the Miss Universe Organisation (MUO) last year, filed for bankruptcy on Wednesday due to a liquidity crunch.
Central Bankruptcy Court Approves Rehabilitation Plan for Thai AirAsia X
FRIDAY, SEPTEMBER 01, 2023
The Central Bankruptcy Court has given approval to the business rehabilitation plan of Thai AirAsia X, which was revised in accordance with decisions made by a conference of creditors on 14 July 2023.
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