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Search Result for “backs debt cap”

Showing 1 - 10 of 30

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.

THAILAND

BTS contracts to be extended by 40 years

Thodsapol Hongtong, Published on 28/11/2019

» Bangkok Metropolitan Administration (BMA) will propose to the cabinet the extension of BTS’ operation concession contracts by another 40 years, with fares capped at not more 65 baht per trip throughout the period.

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.

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.

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.

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.

THAILAND

Yamato backs product certification centres

News, Thodsapol Hongtong, Published on 03/10/2019

» Yamato, a major Japanese logistics company, expressed an interest in co-investing with Thailand to build "certification hubs" for agricultural products at airports in both countries, said Jatuporn Niemsuk, a director of the International Affairs Division of the Ministry of Transport's Office of the Permanent Secretary.

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.

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.