Showing 1 - 10 of 81
Minister seeks to escalate collaboration with China
Business, Wichit Chantanusornsiri, Published on 11/09/2024
» Thailand needs to ramp up collaboration with China to become a gateway for Chinese exports via the proposed land bridge project, says Finance Minister Pichai Chunhavajira.
Number of TCG clients doubles post-Covid
Business, Wichit Chantanusornsiri, Published on 30/07/2024
» Following the pandemic, the number of credit guarantee clients has increased to 800,000, primarily due to efforts to help small and medium-sized enterprises (SMEs) access more credit within the system, according to the head of the Thai Credit Guarantee Corporation (TCG).
Seeking new engines of growth
Wichit Chantanusornsiri, Published on 22/07/2024
» About 40 years ago, natural gas was discovered in the Gulf of Thailand, creating excitement across the country. This period marked the dawn of Thailand's golden era. Following this discovery, the Eastern Seaboard Development Project was initiated to develop the eastern coastal region. Foreign investment poured in, enabling the economy to expand at a double-digit rate while raising hopes that Thailand would become Asia's fifth tiger.
Ministry unlikely to extend jet fuel tax cut
Business, Wichit Chantanusornsiri, Published on 02/07/2024
» The Finance Ministry is unlikely to extend the duration of the jet fuel excise tax reduction after providing a tax break during the pandemic, according to Deputy Finance Minister Julapun Amornvivat.
Agencies deem Eastern Corridor crucial for Thai industry
Business, Wichit Chantanusornsiri, Published on 01/07/2024
» Credit rating agencies are emphasising the importance of the government's flagship Eastern Economic Corridor (EEC) project, which is crucial for advancing Thailand's industrial sector and enhancing competitiveness, according to the Public Debt Management Office (PDMO).
Thai Airways to get B12bn injection ahead of relisting
Business, Wichit Chantanusornsiri, Published on 24/05/2024
» The Finance Ministry plans to inject an additional 12 billion baht into Thai Airways International (THAI) Plc by October this year, hoping the national carrier can be relisted on the stock exchange by the middle of 2025 at the latest.
Official predicts Thai Airways can relist on the SET in 2025
Business, Wichit Chantanusornsiri, Published on 05/02/2024
» The State Enterprise Policy Office (Sepo) expects Thai Airways International Plc (THAI) to relist on the Stock Exchange of Thailand next year, says Tibordee Wattanakul, director-general of Sepo.
Govt to recapitalise Thai Airways with B10bn
News, Wichit Chantanusornsiri, Published on 28/10/2022
» The government will need to raise 10 billion baht to recapitalise financially ailing Thai Airways International (THAI) to keep its shareholding in the company from dipping below 40%, according to the State Enterprise Policy Office (Sepo).
Exim Bank touts life support for airlines
Business, Wichit Chantanusornsiri, Published on 06/01/2022
» Export-Import (Exim) Bank of Thailand has provided financial assistance to local airlines totalling more than 6.2 billion baht to increase their liquidity and restructure their debt, says bank president Rak Vorrakitpokatorn.
THAI seeks B25bn loan, expands cargo flights by 30 routes
News, Wichit Chantanusornsiri, Published on 12/11/2021
» Thai Airways International (THAI) is expected to seek 25 billion baht in loans to boost its financial liquidity as the airline expands its cargo flight services to a further 30 routes from now until March next year.