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Search Result for “SRT”

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BUSINESS

State enterprises disburse 30% of investment budget

Business, Wichit Chantanusornsiri, Published on 02/05/2025

» At the end of March, state-owned enterprises had disbursed 30% of their total investment budget, which was set at 258 billion baht.

BUSINESS

State budget disbursement beats goal

Business, Wichit Chantanusornsiri, Published on 26/02/2025

» The disbursement of state enterprise investment budgets over the first four months of the fiscal calendar from October 2024 to January this year has fared better than targeted, according to the State Enterprise Policy Office (Sepo).

BUSINESS

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.

BUSINESS

Santi favours updated railway contract

Business, Wichit Chantanusornsiri, Published on 06/01/2023

» Deputy Finance Minister Santi Promphat supports revising the contract for the high-speed railway linking three airports to take into account the impact from Covid-19 outbreaks on the bid winner, a Charoen Pokphand (CP) Group-led consortium.

BUSINESS

State firms set to spend 90% of funds

Business, Wichit Chantanusornsiri, Published on 04/07/2022

» The head of the State Enterprise Policy Office is confident disbursement of state enterprises' investment budgets will reach 90% of the total this year, after tallying 32% as of May.

BUSINESS

State enterprises disburse almost B100bn

Business, Wichit Chantanusornsiri, Published on 27/05/2022

» State enterprises disbursed an investment budget of almost 100 billion baht from October 2021 to April 2022, representing 29% of the total investment budget, according to State Enterprise Policy Office director-general Pantip Sripimol.

BUSINESS

SRT finds Hopewell 'loophole'

News, Wichit Chantanusornsiri, Published on 23/11/2019

» The Transport Ministry and the State Railway of Thailand (SRT) are fighting their corners over a court order to pay a huge compensation sum to Hopewell (Thailand) for terminating a contract for the company to build a 60-kilometre-long elevated highway and rail tracks in 1998.

BUSINESS

Sepo nursing 5 enterprises back to health

Business, Wichit Chantanusornsiri, Published on 06/05/2019

» The State Enterprise Policy Office is focused on five financially ailing state enterprises forced into business rehabilitation, aiming to make their turnaround efforts pay off, Sepo's chief says.

BUSINESS

Plan to fiscalise BMTA debt moves forward

Business, Wichit Chantanusornsiri, Published on 06/03/2019

» The Public Debt Management Office (PDMO) is set to fiscalise a Bangkok Mass Transit Authority (BMTA) debt of 100 billion baht if the loss-making state enterprise can turn its earnings before interest, tax, depreciation and amortisation (ebitda) positive.

BUSINESS

Sepo tempers disbursement outlook as target slips away

Business, Wichit Chantanusornsiri, Published on 22/11/2018

» State enterprises' investment budget disbursement rate will hit 89% if 100 billion baht is drawn down in the final two months this year, says Chanvit Nakburee, deputy director of the State Enterprise Policy Office (Sepo).