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BUSINESS

AoT extends payment period for businesses affected by Covid-19

Online Reporters, Published on 30/07/2020

» The Airports of Thailand board has resolved to extend a 6-month credit term payment to 12 months for businesses and airlines affected by the Covid-19 pandemic at airports under its supervision, AoT president Nitinai Sirismatthakarn said on Thursday.

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BUSINESS

Central bank clarifies debt figures

Online Reporters, Published on 13/06/2020

» The Bank of Thailand has calmed down concern about an increase of its liabilities to more than 6 trillion baht, saying they are not public debt.

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BUSINESS

Hoteliers to get one-year fee waiver

Online Reporters, Published on 09/06/2020

» Hoteliers will get a waiver of the 40-baht fee per room per year until mid-2021 as part of Covid-19 relief.

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BUSINESS

Cabinet sends THAI to Bankruptcy Court

Online Reporters, Published on 19/05/2020

» The cabinet on Tuesday resolved that cash-strapped Thai Airways International (THAI) would file for bankruptcy at the Central Bankruptcy Court in order to work out its rehabilitation plan.

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BUSINESS

Central bank paints grim economic picture

Online Reporters, Published on 30/04/2020

» The economy contracted at an accelerated pace in March due to Covid-19 measures, with sharp drops reported in almost all areas, according to the Bank of Thailand.

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BUSINESS

20m register for financial aid

Online Reporters, Published on 30/03/2020

» Almost 20 million people registered for Covid-19 financial aid in less than 48 hours, almost seven times the number estimated by authorities.

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BUSINESS

Thai Airways suspends its flights

Online Reporters, Published on 24/03/2020

» Thai Airways International Plc (THAI) will suspend several international flights in the wake of the coronavirus outbreak.

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BUSINESS

Court clears CP's bid for Eastern Airport City contract

Online Reporters, Published on 10/01/2020

» The Supreme Administrative Court on Friday ordered the navy to accept the Charoen Pokphan Group (CP)-led consortium's bid for the 290-billion-baht Eastern Airport City Project, overruling the Administrative Court's ruling.

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BUSINESS

PTT won't bid for Tesco Lotus

Online Reporters, Published on 09/01/2020

» PTT president and chief executive Chansin Treenuchagron has denied reports that the PTT Group plans to acquire Tesco Lotus's Asian business.

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BUSINESS

Gold hits 6-year high

Online Reporters, Published on 06/01/2020

» The price of gold rose to US$1,588 an ounce on Monday, a six-year high, and was expected to trend higher, as investors sought safety amid the heightening conflict between Iran and the United States.