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Search Result for “debt”

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BUSINESS

BEM settlement plan goes to cabinet

News, Thodsapol Hongtong, Published on 24/12/2019

» Transport Minister Saksayam Chidchob will on Tuesday ask the cabinet to approve a plan to grant Bangkok Expressway and Metro Plc (BEM) a 15-year contract extension in order to avoid paying the firm more than 4 billion baht in compensation.

BUSINESS

BMTA 'to stay in state hands'

News, Thodsapol Hongtong, Published on 22/11/2019

» The Transport Ministry insisted on Thursday there was no plan to privatise the debt-ridden Bangkok Mass Transit Authority (BMTA), saying its current bus purchase programme would proceed as planned.

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BUSINESS

THAI told to revamp rehab plan

News, Thodsapol Hongtong, Published on 11/10/2019

» Deputy Transport Minister Thaworn Senneam has ordered loss-ridden national flag carrier Thai Airways International (THAI) to overhaul its financial rehabilitation plan and draw up a new business plan within 30 days.

BUSINESS

THAI downplays financial health concern amid losses

News, Thodsapol Hongtong, Published on 05/10/2019

» Thai Airways International Plc's (THAI) president insisted that the airline has no liquidity problems after Deputy Transport Minister Thaworn Senneam on Thursday expressed concerns about its financial health.

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BUSINESS

THAI downplays financial health concerns

Thodsapol Hongtong, Published on 04/10/2019

» Thai Airways International Plc's (THAI) president has insisted that the national airline has no liquidity problems after Deputy Transport Minister Thaworn Senneam on Thursday expressed concerns about its financial health.

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THAILAND

Rehab plan 'failing' as THAI losses mount

News, Thodsapol Hongtong, Published on 04/10/2019

» Deputy Transport Minister Thaworn Senneam has expressed concern that the loss-ridden national flag carrier Thai Airways International (THAI) may be in danger of running up net losses of well over 10 billion baht this year.

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BUSINESS

THAI may turn to leasing planes

Thodsapol Hongtong, Published on 27/09/2019

» Thai Airways International (THAI) will revise its plan to procure 38 planes after its board shot down a proposal to buy them, and leasing is now an option, according to its president.

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BUSINESS

Govt mulls end of fast train plan

News, Thodsapol Hongtong, Published on 27/09/2019

» The government may scrap three high-speed rail projects after being spurned by private investors, a source at the Transport Ministry said.

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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.

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.