Two British hotel executives in Trat wanted by Thai police after fire reportedly broke out at their hotel

Two British hotel executives and a Thai company director were wanted by Thai police after a fire reportedly broke out at their hotel in Koh Kut (Kood), Trat province, causing two tourists to be injured and significant property damage. Police Lieutenant General Sompong Chingduang, Assistant Commissioner General of the Royal Thai Police, and his team […]

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Thai Airways struggling with huge debt, executives asked to take voluntarily pay cut

Thai Airways International, the national flag carrier, appears to be in a deep financial crisis and may have to delay debt repayments or seek new loans. THAI president Sumet Damrongchaitham said this morning (Monday) that he has asked the company’s executives, himself included, to cut their meeting allowances and remuneration voluntarily to show spirit in […]

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Thai Airways executives face blame if rehab stalls

Thai Airways International (THAI) executives must shoulder the blame if they fail to move ahead with the rehabilitation plan for the debt-ridden airline by March next year, Transport Minister Arkhom Termpittayapaisith said. The State Enterprises Policy Commission, known as the “superboard”, will assess the rehabilitation performance of seven state enterprises that are losing money, including […]

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Red Bull founder’s grandson arrested for alleged fatal hit-and-run against police

A son of Red Bull drinks executive Chalerm Yoovidhya was arrested in Bangkok on Monday for allegedly killing a police patrolman in a hit-and-run accident. Chalerm’s son, Worayuth, was arrested at Chalerm’s house on Sukhumvit Soi 53 after he admitted to Metropolitan Police Commissioner Pol Lt Gen Kamronwit Thoopkrajang that he was driving the Ferrari […]

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Bangkok Bank denied its executive posting offensive language against monarchy

BANGKOK, 2 March 2012 (NNT) – The Bangkok Bank denied its executive had posted messages deemed offensive to the monarchy, claiming it was the work of a computer hacker. Bangkok Bank Executive Vice President Chaiyarit Anuchitworawong said following a complaint by the Bank’s President Chartsiri Sophonpanich to the Department of Special Investigation that Mr. Chartsiri’s […]

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