rehabilitation
- Phuket News
Phuket exhibition showcases skills of rehabilitated inmates
The 18th Southern 14 Provinces Corrections Products Exhibition started at Saphan Hin, Phuket, highlighting the skills and potential of rehabilitated inmates aiming to reintegrate into society. This annual event highlights the significance of second chances and the empowerment of individuals through skill development for a sustainable future. Yesterday evening, December 10, Phuket Governor Sophon Suwannarat officially opened the exhibition, accompanied…
- Thailand News
THAI union fights to keep government out of airline’s rehab plan
Thai Airways International (THAI) staff are up in arms, rallying against what they see as an attempt by the government to seize control of the airline under the guise of a rehabilitation plan amendment. The airline’s labour union staged a peaceful but determined protest outside THAI headquarters yesterday, November 8, holding up placards and calling on creditors to reject the…
- Thailand News
Thai Airways reshuffle: Finance Ministry calls for new managers
Thailand’s Finance Ministry is set to shake up Thai Airways International Plc (THAI)‘s rehabilitation plan, nominating two high-profile officials to join the team managing the troubled national airline’s comeback. In a bid to secure its position as THAI’s primary creditor, the ministry will propose these candidates at a crucial meeting with debtors on Friday, November 8. The nominees, Polchak Nimwatana,…
- Thailand News
IFEC begins rehabilitation with top advisors for Dara Thewi Hotel
The Central Bankruptcy Court ordered the rehabilitation of Inter Far East Energy Public Company Limited (IFEC), the original owner of Dara Thewi Hotel, and appointed Deloitte Planner as the financial advisor and Phoenix Advisory Services as the legal advisor. The announcement, made today, follows IFEC’s petition for rehabilitation under case number black ฟฟ.7/2566 according to the Bankruptcy Act B.E. 1940…
- Business News
Thai businesses navigate bankruptcy via national rehabilitation process
The Thai economy has weathered numerous challenges recently, including the Covid-19 pandemic, a worldwide economic downturn, repercussions from international conflicts, declining exports, and persistent domestic political upheaval. This has led to a surge in bankruptcies, and many other Thai businesses have sought to navigate the business rehabilitation process under Thailand’s Bankruptcy Act. The Bankruptcy Act allows a creditor, debtor, or…
- Thailand News
Child prodigy creates mesmerizing Sak Yant tattoo in Khon Kaen, Thailand
The skills of a child prodigy went viral on Thai social media after he created a traditional Thai tattoo (or Sak Yant) on a customer in the Isaan province of Khon Kaen. The 10 year old child prodigy, Nakrob “Puen” Sooksusi, is considered the youngest tattoo artist in Thailand. Sak Yant is a popular form of tattoo art in Thailand.…
- Health
Top 5 Rehabilitation Centres in Thailand
Thailand has been a sought-after destination for people seeking excellent rehabilitation centres for many years. Thanks to its warm, tropical weather, natural beauty, and famous hospitality, people from all walks of life come to the country to recover and optimize their wellness. Rehabilitation centres in Thailand range from luxury ‘rehab resorts’ to detoxing with Buddhist monks in a monastery. Therefore,…
- Crime News
Drug policy outlines by PM, cash rewards to police in busts
The Thai government held an event outlining its plan for stopping the spread of narcotics while simultaneously presenting police with the same sort of reward kickbacks that allowed disgraced police officer Joe Ferrari to amass extreme wealth on a small salary. PM Prayut Chan-o-cha released Thailand’s new urgent narcotics action plan in a special event to discuss drugs in the kingdom.…
- Business News
Evidence of Thai Airways’ corruption, mismanagement, sent to Finance Ministry
The Finance Ministry has received 18 documents that show evidence of corruption and mismanagement at Thai Airways. The evidence was submitted by a Transport Ministry panel on corruption, pending a full investigation into “shady dealings” at the battered national carrier. The airline is currently undergoing a rehabilitation process, having filed for bankruptcy protection earlier this year. It’s understood the former…
- Economy News
Thai Airways to operate repatriation flights to Denmark, Taiwan
Thai Airways has arranged 2 repatriation flights to Taipei and 2 to Copenhagen this month, to bring back foreign nationals who were stranded by the Covid-19 pandemic. The airline’s acting president says the Taiwan flights will fly on August 5 and 14, leaving Suvarnabhumi Airport at 8:25am and arriving in Taipei at 1:05pm local time; Chansin Treenuchagron said the flights…
- Economy News
Nok Air will survive despite bankruptcy: CEO
Thai budget carrier Nok Air is insisting that its business will be able to return to solvency despite filing a business rehabilitation request with the Central Bankruptcy Court, shortly after national flag carrier Thai Airways did the same. Nok Air CEO Wutthiphum Jurangkool said yesterday that the impact of Covid-19 is preventing the airline from flying its 18 international routes,…
- Business News
Former senior prosecutor says Thai Airways rehab plan will unveil extensive corruption
“…the public would continue to be kept in the dark, while the parasites carried on sucking the blood out of the airline.” A former senior crime prosecutor predicts that the rehabilitation plan for Thai Airways is bound to expose extensive corruption in the management of the stricken airline. Posting on his Facebook page, Wanchai Roujanavong says what’s about to come…
- Business News
No role for Transport Ministry in Thai Airways rehab plan
After initially insisting on having a say in the management of the rehabilitation plan for the beleaguered Thai Airways, the Ministry of Transport has conceded that, with its holding in the airline reduced to less than 50%, it no longer has any jurisdiction over what is now a listed public company. Deputy Transport Minister Thaworn Senneam says the struggling carrier…
- Transport News
Thai Airways has officially lost its state enterprise status
The State Enterprise Policy Committee announced that Thai Airways has lost its state enterprise status after the Vayupak Fund bought a 3.17% stake from the Finance Ministry yesterday. The purchase was undertaken at a price of 4.90 baht per share, with a trade worth 285.2 million baht, leaving the national carrier owning 48% of its own shares and stripping its…
- Transport News
Thai public balks at Thai Airways’ 60 billion bail out
A big decision is on the horizon for Thai Airways, the beleaguered national carrier. Crucial decisions are now being discussed which will define the airlines’ future. The airline was still haemorrhaging cash well before the coronavirus crisis started grounding planes from the start of February this year. Thai Airways’ fortunes have been in a death spiral for the past decade,…
- Economy News
Thai Airways gets another lifeline from the government
Thai Airways is finally getting a reprieve, after years of financial woes and corporate drama. The struggling national carrier is getting a lifeline in the form of a bailout loan. Finance permanent secretary Prasong Poontaneat made the announcement yesterday, after a meeting chaired by PM Prayut Chan-o-cha. The State Enterprise Policy Committee meeting approved “in principle” the proposal to rehabilitate…
- Environment News
Thousands of young coral being moved to deeper water at Maya Bay
PHOTO: Thai PBS Coral bleaching and the annual monsoon are the only threat to the ongoing recuperation of Maya Bay, now that tourists have been away for a year, and probably another two years as well. Maya Bay, on Koh Phi Phi Ley in Krabi province, has been closed since June 1 last year after the environmental destruction of the…
