FINANCE Minister Arkhom Termpittayapaisith said the collapse of two US banks, Signature and Silicon Valley Bank, has little impact on Thailand as there were no transactions nor investments in them, Matichon newspaper said today (Mar. 13). US regulators closed New York-based Signature Bank on Sunday, the third largest failure in US banking history, two
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US bank collapse biggest failure since 2008
By Reuters and published by Financialexpress.com START-UP FOCUSED lender SVB Financial Group became the largest bank failure since the financial crisis on Friday, in a sudden collapse that roiled global markets and stranded billions of dollars belonging to companies and investors. California banking regulators closed the bank, which did business as Silicon Valley Bank,
Read moreWorker dies as tower crane collapses at Bangkok construction site
A WORKER at a construction site opposite a popular department store in Chatuchak area of Bangkok died late this afternoon (Feb. 27) after a tower crane collapsed, Matichon newspaper said. The Ruamkatanyu Foundation has sent a rescue team to help while firemen from Sutthisan station are also on the way. Initially it was reported
Read more50 students, teachers plunge into water after bridge collapse
A NATURE field trip by fifth graders and their teachers in Nakhon Si Thammarat province turned into a disaster after the bridge they were all crossing suddenly collapsed under their weight plunging them all into the pool of water below injuring six of them, Matichon said today (August 19). At 2 p.m. the National
Read moreToll booth roof collapses after part of U-turn bridge falls on cars below
SOON AFTER a part of a U-turn bridge at Samut Sakhon section of Rama 2 road fell on top of several cars below killing two persons and injuring many others at 8.30 p.m. last night (July 31), a part of the Bang Pakong expressway toll plaza’s roof too collapsed today, Sanook.com said. Facebook user Khajonsak
Read moreTownhouse’s balcony extension collapses injuring teen girl
A BALCONY extension of a townhouse in Nonthaburi province suddenly collapsed this afternoon (July 6) injuring a teen girl who had dropped by to visit the owner’s daughter, Matichon newspaper said. Upon arriving at the Chuan Chuen Modus Centro estate in Soi Chaengwattana-Pak Kret 41, Pol. Lt. Col. Nattapon Inruangsorn found large metal beams
Read moreFierce storm knocks down part of airport’s new building, many roads floods
THE FIERCE summer storm that raged across Bangkok from late afternoon to evening today (Apr. 18) caused the roof and a wall of a new building at Don Muang Airport to collapse while commuters are struggling to get through heavy traffic jams on many flooded roads, Sanook.com and Naewna newspaper said. The violent storm that
Read more159 unaccounted for in Florida condo collapse, four dead
By Reuters Staff, published by US News & World Report Surfside, Florida – Rescue workers scouring the debris of a collapsed condo building in a Miami suburb said they heard sounds in the rubble overnight, as officials today (June 25) raised the number of people unaccounted for to 159 and the confirmed
Read moreUnder-construction bridge collapses, 12 Myanmar workers hurt
A BRIDGE being built as part of a ring road in Nakhon Ratchasima province collapsed at around 2 p.m. today (Jan. 23) leading to 12 Myanmar workers getting injured but none very seriously, Siam Rath newspaper reported. Upon getting a call for help at around that time this province’s Hook 31 rescue team rushed to
Read moreCondo scaffolding collapse kills two Myanmar workers
THE SUDDEN collapse of a section of the scaffolding at a high-rise condominium being built in Chonburi province led to two Myanmar workers dying on the spot and two other being injured, one seriously, INN News reported today (August 16, 2020). Pol. Capt. Suchart Charoensri, an investigator at Sansuk police station in this province, rushed
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