Business

Cash-strapped small hotels in Phuket appeal for help

  SMALL hotels in Phuket are facing dire financial problems with several having been seized by financial institutions that have put them up for sale while 200 others are in the process of being seized by the Legal Execution Department, Thansettakij newspaper said today (July 13). Around 50 small hotel owners held a protest at

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Business

PM guarantees fiscal position remains strong with no payroll crisis looming

PRIME Minister Prayut Chan-o-cha today (Sept. 23) debunked rumours falsely claiming the government is facing such a severe budget problem that civil service payroll could be affected underscoring that the country’s financial position remains strong, Siam Rath newspaper reported. Pointing out that he had already previously clarified this issue, the Prime Minister said relevant agencies

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