Chinese Tour Co Agrees to Pay Out B12 Million Outstanding Phuket Invoices

[Photo from The Phuket News]

(The Phuket News)

PHUKET – A major Chinese group tour company, Thai Xin Ya Zhou Tour Co Ltd, has agreed to clear up the B10 to 12 million in outstanding invoices with tour companies in Phuket.

The solution, which came in the second round of negotiations with representatives from the company yesterday, follows a period of uncertainty for the seven affected tour companies, including the two ladyboy caberet shows – Simon Cabaret and Aphrodite Cabaret – as well as Sea Star Tour company.

Related parties refused to reach a conclusion in the first round of negotiations earlier this week, with one media outlet reporting that the the Chinese company owed B40 million to 10 companies, but refused to pay. Read the rest of the story here

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