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Search Result for “Foreign exchange”

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BUSINESS

THAI returns to profit in 2016

Amornrat Mahitthirook, Published on 28/02/2017

» Thai Airways International (THAI) turned a profit in 2016, an improvement from a big loss in the previous year.

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THAILAND

THAI sets B2bn 'retiree' plan

News, Amornrat Mahitthirook, Published on 01/03/2016

» Thai Airways International Plc (THAI) has earmarked 2 billion baht for voluntary staff retirements this year as the airline posted a net loss of 13.04 billion baht for last year.

THAILAND

Projects readied for B100bn 'future fund'

News, Amornrat Mahitthirook, Published on 09/01/2016

» The Transport Ministry confirmed that infrastructure projects to be incorporated into the 100 billion baht Thailand Future Fund will be decided on by next month.

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THAILAND

Prayut 'dissatisfied' with THAI chief's performance

News, Amornrat Mahitthirook, Published on 18/11/2015

» Prime Minister Prayut Chan-o-cha is "dissatisfied" with the first-year performance of Charamporn Jotikasthira, president of loss-making Thai Airways International Plc (THAI) as the national carrier braces for record losses this year, senior government sources said Tuesday.

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THAILAND

Thai Airways' finances critical, survival at stake

Amornrat Mahitthirook, Published on 20/10/2015

» Thai Airways International (THAI) remains in a financial crisis as it has been unable to increase revenue and reduce costs as urgently needed, a member of the State Enterprise Policy Commission said on Tuesday

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THAILAND

THAI fire sale of offices mooted

Amornrat Mahitthirook, Published on 06/08/2015

» Thai Airways International is to consider plans to sell 30 local and overseas office buildings and staff residences to cut costs, while the sale of its headquarters could come under consideration much later.

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THAILAND

Thai Airways to shed 1,400 staff this year

Amornrat Mahitthirook, Published on 28/07/2015

» Thai Airways International (THAI) will shed at least 1,400 employees this year under a voluntary retirement programme, and another 700 next year, as part of a shakeup aimed at returning to profitability.

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THAILAND

THAI keeps wary eye on Europe and China

Amornrat Mahitthirook, Published on 09/07/2015

» Thai Airways (THAI) is closely monitoring any fall-out from the economic situation in Europe and China and is ready to make rapid adjustments to its flight services to soften any impact.

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THAILAND

THAI rejects plan to sell off property

News, Amornrat Mahitthirook, Published on 24/01/2015

» A consultant has suggested Thai Airways International Plc (THAI) sells its main office building on Vibhavadi Rangsit Road and its properties abroad as part of its business rehabilitation plan.

BUSINESS

THAI seeks new CFO to fix finances

News, Amornrat Mahitthirook, Published on 01/05/2014

» Thai Airways International Plc (THAI) is looking for a new chief financial officer (CFO) to solve its financial troubles which have resulted in huge losses for the national flag carrier.