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Italian-Thai Development in Crisis with 100 Billion Baht Debt
Khaosod English
Recent news from Italian-Thai Development Public Company Limited (ITD) admits that the company has been struggling with liquidity problems for...
2 months ago
Italian-Thai (ITD TB) In Talks With Banks for Fresh Loans Amid Debt Crunch
Bloomberg.com
A cash crunch at Thailand's largest construction company is fueling concern among investors, regulators and rating agencies already unnerved...
2 months ago
Construction group Italian-Thai seeks new loan amid liquidity crunch
Nikkei Asia
BANGKOK -- Thailand's biggest construction company Italian-Thai Development is seeking a new loan to keep its business operations going,...
2 months ago
Concerns grow over finances of Thailand’s biggest contractor
Global Construction Review
One of Italian-Thai Development's biggest projects was Bangkok's Suvarnabhumi International Airport (Edward Russell/CC BY 2.0)...
2 months ago
A Thai construction magnate convicted of poaching protected animals gets early release from prison
AP News
A Thai construction magnate whose conviction on poaching charges became a rare example of the rich and influential facing justice in the...
7 months ago
Thai construction giant ITD begins clearing overdue wages amid liquidity woes
Nation Thailand
Italian-Thai Development (ITD), Thailand's largest construction company, has begun paying overdue wages to 30% of its workers after...
2 months ago
Giant Italian-Thai firm fights for survival and to pay wages
Thai Examiner
Top construction firm Italian-Thai Development plc talks with banks. Focus is on securing a lifeline to pay salaries by the end of April.
2 months ago
Thailand's Italian-Thai Development flags cash flow issues, seeks bank loans
ET Realty
Italian-Thai Development told the Stock Exchange of Thailand that revenue from construction projects remained smaller than its overall...
2 months ago
China's SDIC in Advanced Talks for Significant Stake in Thai Potash Mine
Bloomberg
China's SDIC Mining Investment Co. is in advanced talks for a significant minority stake in Asia Pacific Potash Corp., according to people...
2 weeks ago
Thai construction giant's shares plunge 30% after $29.5m loss
Nikkei Asia
BANGKOK -- Thai construction company Italian-Thai Development resumed trading on the Bangkok bourse Monday, only for its share price to...
2 months ago