Fri, July 20, 2007 : Last updated 22:21 pm
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Home > Business > Thai Silp to be shut down tomorrow
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Thai Silp to be shut down tomorrow
Labour Minister Apai Chandanachulaka said Thursday that Thai Silp South East Asia Import Export Co Ltd has informed him of the decision to shut down the factory tomorrow.
Owner of Thai Silp
He said that the shutdown would be effective on August 5.
"The company has the right to discontinue the business. The government will then step in to ensure that employees receive legal compensations as well as relocating them to new plants nearby. I believe that all 4,400 workers could have new jobs," he said.
He added that the government would not allocate any financial assistance to the company.
- The Nation
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