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Court nod paves way for makeover of Thai Airways' $12.9 billion debt

By Chayut Setboonsarng

 

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FILE PHOTO: A Thai Airways Boeing 777-300ER plane takes off from Bangkok's Suvarnabhumi Airport February 23, 2015. REUTERS/Chaiwat Subprasom

 

BANGKOK (Reuters) -Thai Airways International Pcl won court approval on Tuesday for restructuring its $12.9 billion debt load as the airline that is already under bankruptcy protection seeks to turn around its fortunes.

 

Full story: https://forum.thaivisa.com/topic/1220577-court-nod-paves-way-for-makeover-of-thai-airways-129-billion-debt/

 

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Posted

Thai govt asks central bank to review rates for credit cards, personal loans

 

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FILE PHOTO: Thailand's central bank is seen at the Bank of Thailand in Bangkok, Thailand April 26, 2016. REUTERS/Jorge Silva

 

BANGKOK (Reuters) - Thailand's government has asked the central bank to review interest rates for credit cards and personal loans to try to tackle high household debt, its prime minister said on Tuesday, sending bank shares falling.

 

Full Story: https://forum.thaivisa.com/topic/1220590-thai-govt-asks-central-bank-to-review-rates-for-credit-cards-personal-loans/

 

Posted

3,000 restaurants apply for loans over past week in new government scheme

 

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About 3,000 restaurants in Thailand have applied for loans over the past week, under a new scheme co-initiated by the Commerce Ministry and five state financial institutions, to help struggling businesses cope during the ongoing COVID-19 pandemic.

 

Full Story: https://forum.thaivisa.com/topic/1220592-3000-restaurants-apply-for-loans-over-past-week-in-new-government-scheme/

 

Posted

Thailand’s House speaker assures debate on Referendum Bill will be held next Tuesday

 

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House Speaker Chuan Leekpai has given an assurance that parliament will proceed with the debate on the Referendum Bill next Tuesday, June 22nd, as scheduled, after a reported attempt by pro-government parties to delay the bill and to progress a motion to amend the Constitution.

 

Full Story: https://forum.thaivisa.com/topic/1220594-thailand’s-house-speaker-assures-debate-on-referendum-bill-will-be-held-next-tuesday/

 

Posted

Actions vowed over killing of three blacktip reef sharks off Krabi, shooter arrested

 

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One man has been arrested for killing endangered sharks off the coast in the southern province of Krabi, as Thailand’s Natural Resources and Environment Minister Varawut Silpa-archa has ordered park officials in the southern province of Krabi to track down the owner of a speedboat and a group of men who shot dead three blacktip reef sharks during a fishing expedition.

 

Full Story: https://forum.thaivisa.com/topic/1220555-thais-illegally-shooting-sharks-under-investigation-in-krabi/?do=findComment&comment=16567071

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Posted

Thai Prime Minister Promises to Allocate More Money to Public Healthcare

 

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BANGKOK (NNT) - Prime Minister Prayut Chan-o-cha has promised to allocate more money, from the new 500-billion-baht loan, to cover public healthcare costs, if the amount earmarked for healthcare is not enough to contain the COVID-19 pandemic.

 

Full Story: https://forum.thaivisa.com/topic/1220595-thai-prime-minister-promises-to-allocate-more-money-to-public-healthcare/

 

Posted

Universal Coverage Scheme Will Include Prothrombotic Syndrome Treatment

 

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BANGKOK (NNT) - The National Health Security Board has approved laboratory testing and medication for treating vaccine-induced immune thrombotic thrombocytopenia (VITT) under the Universal Coverage Scheme (UCS)’s benefits package.

 

Full Story: https://forum.thaivisa.com/topic/1220597-universal-coverage-scheme-will-include-prothrombotic-syndrome-treatment/

 

Posted

PM apologizes (again) for jab postponements, promises more vaccines

 

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Prime Minister Prayut Chan-o-cha on Tuesday apologized again for the widespread postponements of vaccination appointments across the country, and for misunderstandings surrounding the government’s vaccine management, while making promises of more vaccines to be delivered to fulfill the goal of having 70% of the population vaccinated by year end.

 

Full Story: https://forum.thaivisa.com/topic/1220608-pm-apologizes-again-for-jab-postponements-promises-more-vaccines/

 

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Posted

Peaceful protest by Chonburi business owners helps drive the re-opening of their venues

 

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A peaceful protest held yesterday morning (June 14th) by Chonburi business owners came just before the Chonburi Governor Phakarathorn Teanchai ordered the re-opening of some venues late last night.

 

Full Story: https://forum.thaivisa.com/topic/1220610-peaceful-protest-by-chonburi-business-owners-helps-drive-the-re-opening-of-their-venues/

 

Posted

Thai Covid-19 center to consider full opening of restaurants in Bangkok, will be discussed this Friday with Public Health Ministry, CCSA operations director says

 

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The Center for Covid-19 Situation Administration (CCSA) is planning to consider a full opening of restaurants in Bangkok if officially proposed by the Public Health Ministry at a general meeting this Friday, the CCSA operations director revealed to the press today, June 15th.

 

Full Story: https://forum.thaivisa.com/topic/1220612-thai-covid-19-center-to-consider-full-opening-of-restaurants-in-bangkok-will-be-discussed-this-friday-with-public-health-ministry-ccsa-operations-director-says/

 

Posted

3.2m signed up for Sinopharm jabs, Thailand’s mRNA vaccine candidate enters human trials

 

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BANGKOK (NNT) - Thailand’s provider of Sinopharm vaccine has seen 3.2 million people sign up for the alternative offering in the government’s main vaccination drive, while Thailand’s homegrown mRNA COVID-19 vaccine has entered human trials.

 

Full Story: https://forum.thaivisa.com/topic/1220614-32m-signed-up-for-sinopharm-jabs-thailand’s-mrna-vaccine-candidate-enters-human-trials/

 

Posted

Cabinet approves cuts to Social Security contributions from people covered by Section 40

 

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BANGKOK (NNT) - A meeting of cabinet ministers today (June 15) approved a proposal to reduce contributions from people who are insured under Section 40 of the Social Security Act for six months, to mitigate the impact of the COVID-19 situation.

 

Full Story: https://forum.thaivisa.com/topic/1220616-cabinet-approves-cuts-to-social-security-contributions-from-people-covered-by-section-40/

 

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