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BUSINESS

Airports upgrade plan now includes minister's home province

Thodsapol Hongtong, Published on 21/08/2019

» Airports of Thailand has changed its regional airport takeover and development plan to include the transport minister's home province, Buriram. The expansion of Suvarnabhumi airport will also be accelerated.

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BUSINESS

SRT unveils lowest signalling gear bids

News, Thodsapol Hongtong, Published on 21/08/2019

» Investors from China, Canada and South Korea have submitted the lowest bids for contracts to supply signalling and communications equipment for the first phase of the double-track rail upgrade project, worth 11.4 billion baht, according to the State Railway of Thailand (SRT).

BUSINESS

THAI execs' pay deals 'voluntary'

News, Thodsapol Hongtong, Published on 20/08/2019

» Thai Airways International Plc's (THAI) president has insisted that salaries and meeting allowances of directors and top executives have been agreed to voluntarily in order to help the airline survive its financial crisis.

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BUSINESS

THAI execs asked to agree to pay cuts

Thodsapol Hongtong, Published on 19/08/2019

» The Thai Airways International president has asked senior executives to agree to a cut in their salaries and meeting allowances to help the airline survive a financial crisis.

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BUSINESS

Ministry grills Thai Airways over B156bn aircraft purchase

News, Thodsapol Hongtong, Published on 18/08/2019

» The Transport Ministry wants the loss-ridden Thai Airways International Plc (THAI) to provide clear details of all aspects of its 156 billion-baht plan to buy or lease 38 new aircraft, to ensure the airline will not suffer any further losses.

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BUSINESS

State Audit Office begins Thai Airways operations audit

News, Thodsapol Hongtong, Published on 16/08/2019

» The State Audit Office (SAO) will begin auditing Thai Airways International's (THAI) balance sheet and financial statements and review the board's transparency in operating the flag carrier on Friday, the government says.

BUSINESS

Thai Airways calls for official review of 'open skies'

News, Thodsapol Hongtong, Published on 14/08/2019

» Thai Airways International Plc (THAI) has called on the government to review the international "open skies" policy, which it claims favours certain countries.

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BUSINESS

City Hall wants more money from Green Line

News, Thodsapol Hongtong, Published on 10/08/2019

» The Bangkok Metropolitan Administration (BMA) has tabled a new demand for a revenue share of 100 billion baht as part of negotiations with BTS Group Holdings Plc over proposed extensions of concessions for the Green Line skytrain service.

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BUSINESS

Purge begins at transport state enterprises

Thodsapol Hongtong, Published on 03/08/2019

» The chairmen of the boards at Thai Airways International and the State Railway of Thailand have reportedly submitted their resignations after the political wind has changed at the Transport Ministry.

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BUSINESS

Thaworn 'confident' in Thai Airways' rehab plan

News, Thodsapol Hongtong, Published on 02/08/2019

» Deputy Transport Minister Thaworn Senneam has expressed confidence that loss-ridden Thai Airways International (THAI) will be able to stage a turnaround and start making profits within three years.