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Bankruptcy court rejects two more rehabilitation planners for THAI

15 Sept 03:50 Key points summarised by AI

The Central Bankruptcy Court rejected the Finance Ministry's proposal for two additional rehabilitation planners for Thai Airways, citing the existing three planners' capability to resolve debt without default.
The court ruled against increasing planners due to unnecessary additional costs, estimated at five million baht per person annually, despite creditor approval for the new appointments.
The court also denied a creditor-approved debt-to-equity swap, intended to wipe out 60 billion baht in accumulated debt, and a reduction in THAI share par-value.
THAI CEO Chai Iamsiri remains confident the airline will exit rehabilitation in the second half of this year, expecting THAI shares to be traded on the stock market again.

18 Oct 12:30 Key points summarised by AI

A recent NIDA poll indicates that a plurality of the public (30.38%) anticipates Kla Tham Party MPs will vote to support all 18 cabinet ministers targeted in the upcoming no-confidence debate.
Respondents believe the Ministry of Interior (38.78%) and the Prime Minister’s Office (21.37%) will face the toughest questioning during the censure debate.
Economic issues, particularly alleged incompetence in addressing problems (34.27%) and the rising cost of living (25.88%), are cited as the primary concerns for the government during the censure.
The public holds high expectations for the Opposition's case, with 45.65% believing clear, concrete evidence will be presented against all 18 ministers, and 41.22% expecting substantial evidence against specific ministers.