Business

1.64 million SMEs at risk from floods as liquidity concerns mount

  THE FLOOD crisis is not over just because floodwaters have receded as around 1.64 million small and medium enterprises (SMEs) face major challenges regarding capital and employment, raising the risk of liquidity crunches – or even business closures, Amarin TV said today (Oct. 2). Mr. Saengchai Teerakulvanich, chairman of the Strategy Committee of Federation

Read more
Business Real estate

Builder Italian-Thai Development flags cash flow issues, seeks bank loans

  By Reuters and published by CNA THAILAND’S largest builder Italian-Thai Development is negotiating with banks for new loans due to cash flow issues that have prompted it to make partial salary payments, the company said yesterday (Mar. 13). Italian-Thai Development told the Stock Exchange of Thailand that revenue from construction projects remained smaller than

Read more