Tags : Bankruptcy


Bankruptcy Leave 341 Russians Stranded in Pattaya

Pattaya police arrested Russian Mrs. Olga Shendrik owner of the bankrupt Lanta Tour Thai International Co., Ltd. and provided assistance to the 341 stranded Russian holidaymakers in Pattaya. Pattaya, January 31, 2012 [PDN]; Pol. Lt. Gen. Dr. Panya Mamen Commissioner of Region 2 Police and Pol. Maj. Gen. Jamnong Rattanakul Chonburi police accompanied by police […]Read More


Japan Airlines to relist shares

Japan Airlines (JAL) is planning on relisting its shares in an IPO on the Tokyo Stock Exchange. By September, JAL shareholders intend to sell between ¥500 billion and ¥1 trillion (US$6.4b – US$12.8b, €5b – €10b). If the sale goes into high-end estimates, it will make JAL the largest airline in the world by market […]Read More


Fair pay is one way to root out corruption in

Debt among civil servants is at an alarming level, explaining why many are tempted by the opportunity to take easy ‘tea money’ The financial status of Thai civil servants is becoming alarming. The National Statistical Office (NSO) recently reported that the level of debt among civil servants has risen sharply since 2006. The average debt […]Read More


Tourism industry likely to go bankrupt if rally continues, says

BANGKOK, May 19 (TNA) – Thailand’s tourism industry may eventually go bankrupt if the current political violence is prolonged, says an industry executive. Kongkrit Hiranyakit, chairman of the Tourism Industry Federation of Thailand, said the federation agreed at the meeting that a relief center for tourism operators be set up to act as their representative […]Read More