Court releases Syn Mun Kong insurance firm from rehabilitation plan

13 Sept 12:02 Key points summarised by AI

The Central Bankruptcy Court revoked its order for Syn Mun Kong Insurance to undergo rehabilitation, allowing the company to resume management and compensate insured parties.
Following the court's decision, Syn Mun Kong Insurance announced it would indefinitely stop accepting new insurance policy applications of all kinds.
The company had previously sought rehabilitation due to immense losses, accumulating approximately 30 billion baht in overdue compensation from its 'Find, Pay, End' COVID-19 insurance policies.

Flooding persists in Bangkok and 22 provinces

Yesterday 16:00 Key points summarised by AI

Persistent flooding continues across Bangkok and 22 Thai provinces, though water levels are gradually receding in many affected areas.
Over 604,000 families, impacting approximately 1.83 million people, are still grappling with the widespread flood conditions.
The national flood death toll has reached 80 since mid-September, with fatalities reported across various provinces.
Major regions like Pathum Thani, Ayutthaya, and Bangkok report significant numbers of affected households, with hundreds of thousands still in trouble.