Chinese tour co agrees to pay out B12 million outstanding Phuket invoices
Darawan Naknakhon

PHUKET: Major Chinese group tour company Thai Xin Ya Zhou Tour (Thailand) Co Ltd, has agreed to clear up the B10 to 12 million in outstanding invoices with tour companies in Phuket.

Chinese tour co agrees to pay out B12 million outstanding Phuket invoices
The solution, which came in the second round of negotiations with representatives from the company yesterday, follows a period of uncertainty for the seven affected tour companies, including the two ladyboy caberet shows – Simon Cabaret and Aphrodite Cabaret – as well as Sea Star Tour company.

Related parties refused to reach a conclusion in the first round of negotiations earlier this week, with one media outlet reporting that the the Chinese company owed B40 million to 10 companies, but refused to pay.

In yesterday's meeting, Ms Sumalee and Mr Ring Sae-yo, along with lawyers, officials, managers and representatives from 7 companies who had filed a complaint, it was concluded that the Chinese company would pay out the invoices, granted sufficient documentation and paperwork is submitted and reviewed.

The company said it would initially pay 100 per cent for invoices less than B100,000, and pay 30 per cent up front for the invoices that exceed B100,000, the other 70 per cent pending proper review of paperwork and documentation.

Nonetheless, a “pay-out” meeting was set for September 19. The representatives attending the meeting seemed content with the solution.

China has been Phuket's largest tourist market for the past several years. Many Chinese come to the island on tour groups, who are the biggest audiences to ladyboy shows.

Source: http://www.thephuketnews.com/chinese-tour-co-agrees-to-pay-out-b12-million-outstanding-phuket-invoices-48712.php

-- Phuket News 2014-09-13

Who writes this stuff? Last sentence has NOTHING TO DO with the article. Go back to journalism school!

Who writes this stuff? Last sentence has NOTHING TO DO with the article. Go back to journalism school!

Last sentence indicates the importance of this and other Chinese companies to the affected tour companies, so IMO very much related to the article.

If they are not paying for the services provided, it matters little how many "bums on seats" they book, they are not good customers. I guess the businesses are afraid to lose the business, but why? Non paying customers are a curse to any business.

I wonder what would happen if they refused entry for the Chinese visitors? It would send a very strong message but might break the business relationship.

Would others step in and take the risk of non-payment?

can't they just "Flee the scene" Thai style and come back and do their tours later when everyone has forgotten about this horrible mix up?

What happened?

Did the Chinese company go into bankruptcy? (liquidation)

Why are they meeting to pay their bill?

If they owed the money for services then they should pay!

What a mess of a news article this one is!

Maybe we all missed an earlier article explaining why a functioning company won't pay out what it owes?

Maybe its something to do with the Immigration Dept?

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C.O.D. will fix it all.

Any how its in the news

Sorry for breaking rules

Chinese company changed hands/management

Thats why its negotiating payment

Just the Chinese way of "negotiating" cheaper prices. Phuket will feel the pinch from this in the future.

I suppose Phuket has finally got the tourists it deserves.

Cheap and nasty, package holiday, zero baht, non-paying tourists.

Who writes this stuff? Last sentence has NOTHING TO DO with the article. Go back to journalism school!

As 2 ladyboy cabarets were due money from unpaid invoices that sentence was very relevant. So who should go back to school?

do the chinese know they come so far to see just another bunch of men ... i know in china they like to kill girls (farmers) ... but to travel so far to see more boys dancing ?