Edition:
India

Chayut Setboonsarng

Thai Airways union backs down, supports bankruptcy court-led restructuring

20 May 2020

BANGKOK, May 20 The Thai Airways workers’ union will not oppose the government’s plan to reduce holdings in the airline and petition for restructuring with the bankruptcy court, the union’s president said on Wednesday.

Thai Airways to seek $1.8 billion emergency loan to navigate virus impact - document

30 Apr 2020

BANGKOK Thai Airways International PCL plans to seek a 58.1 billion baht ($1.80 billion) emergency loan to maintain liquidity and see it through a coronavirus-induced drop in demand, showed a document from the airline detailing the plan.

EXCLUSIVE-Thai Airways to seek $1.8 bln emergency loan to navigate virus impact -document

30 Apr 2020

BANGKOK, April 30 Thai Airways International PCL aims to seek a 58.1 billion baht ($1.80 billion) emergency loan to maintain liquidity and see it through a coronavirus-induced drop in demand, showed a document from the airline detailing its plan.

Thai retailers find new ways to sell amid coronavirus outbreak

16 Apr 2020

BANGKOK Thai retailers have resorted to a mix of alternative sales strategies like drive-throughs and calling up customers direct to generate business as malls and airports close during the coronavirus crisis.

Thailand warns food delivery apps for overcharging amid coronavirus outbreak

01 Apr 2020

BANGKOK Thailand's anti-monopoly watchdog warned food delivery platforms on Wednesday they could face fines for charging higher commissions as online food orders surge amid the coronavirus outbreak.

Thailand to give free mobile data for those homebound by coronavirus

01 Apr 2020

(This March 31 story corrects to say DTAC may speed up deployment of capex, but maintained, not increased guidance on the amount it will spend, in paragraph 10)

Chaos over new Thai entry restrictions on coronavirus

20 Mar 2020

BANGKOK Confusion over Thailand's new coronavirus curbs left travellers scrambling on Friday as Thai citizens queued at embassies abroad to get special travel papers and foreigners faced the challenge of producing a negative test for the disease.

Thai $1 billion SCG Packaging IPO on hold due to coronavirus: sources

17 Mar 2020

HONG KONG The $1 billion initial public offering (IPO) of Thailand's Siam Cement Group Pcl's (SCG) packaging business has been shelved with global financial markets roiled by the coronavirus epidemic, two sources with direct knowledge of the matter said.

CP Group's $10 billion Tesco deal to test mettle of Thailand's new antitrust watchdog

09 Mar 2020

BANGKOK/SINGAPORE CP Group's $10 billion (7.6 billion pounds) deal to buy Tesco PLC's 2,000 Thai retail outlets marks the end of a three-way tycoon tussle - and the beginning of the first engagement for Thailand's newly powerful antitrust watchdog.

CP Group's $10 billion Tesco deal to test mettle of Thailand's new antitrust watchdog

09 Mar 2020

BANGKOK/SINGAPORE CP Group's $10 billion deal to buy Tesco PLC's 2,000 Thai retail outlets marks the end of a three-way tycoon tussle - and the beginning of the first engagement for Thailand's newly powerful antitrust watchdog.

World News

U.S. coronavirus deaths top 100,000 as country reopens

The novel coronavirus has killed more than 100,000 people in the United States, according to a Reuters tally on Wednesday, even as the slowdown in deaths encouraged businesses to reopen and Americans to emerge from more than two months of lockdowns.