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‘Biocups’, electric motorcycle taxis and recycling 500 billion bottles for a sustainable Thailand

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The private sector in Thailand has a key role to play in helping the south-east Asian country to reach poverty reduction and sustainable development goals agreed by the international community. In this blog, Gita Sabharwal, the UN Resident Coordinator in Thailand and the Chairperson of the UN Global Compact Network Thailand, Suphachai Chearavanont, explain how,

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Bankrupt car rental company Hertz secures $1.65 bln DIP financing

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Hertz Global Holdings, Inc. (NYSE: HTZ) today announced that it has secured commitments for debtor-in-possession (“DIP”) financing totaling $1.65 billion and has filed a motion for approval of the financing by the U.S. Bankruptcy Court for the District of Delaware. Hertz President and CEO Paul Stone said, “This new financing will provide additional financial flexibility as we continue to navigate the

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