Supreme Court backs plan that will help company get back on its feet, boost Thailand’s image. The Supreme Court’s rejection of Thai Petrochemical Industry (TPI) founder Prachai Leophairatana’s petition against the restructuring and share-sale plan earlier approved by the Central Bankruptcy Court (CBC) brought a sense of closure for creditors and made it possible for the on-again, off-again restructuring plan to move forward, finally. The TPI plan administrator will now proceed with the company’s debt restructuring and bring in strategic partners led by oil-and-gas conglomerate PTT Plc.

STOPPAGE TIME: Sondhi, don’t get too carried away with the fever

When Samak Sundaravej stepped into the limelight in the late 1970s, the Democrats were swept aside, albeit with the help of a rightist resurgence. Chamlong Srimuang, projecting an ultra-modest image that involved using rattan baskets attached with his pictures instead of expensive posters, sent conventional politicians reeling in the mid-1980s.

How to easily deal with Easy Buy

It appears as if the biggest fad at the moment is to sue your creditor for extortion. Indeed it was only earlier this week that another 20 people filed lawsuits against the now infamous Easy Buy for overcharging on interest and service fees.

Burma’s doddering despot

I can say without hesitation that Senior General Than Shwe is mentally unstable and that the current state of the Burmese regime reflects the disorder in his vicious and increasingly paranoid mind.