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Search Result for “newsroom downsizing”

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BUSINESS

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.

BUSINESS

Push to keep THAI in the sky

News, Wichit Chantanusornsiri, Published on 01/06/2020

» Creditors are likely to try to keep Thai Airways International (THAI) afloat to pay off debts, raising hope the airline's rehabilitation plan will pass the court's scrutiny, according to a source in the Finance Ministry.

BUSINESS

THAI loan queries rebuffed by ministry

Business, Wichit Chantanusornsiri, Published on 27/04/2020

» The Finance Ministry has dismissed financially ailing Thai Airways International's hopes for a loan guarantee, saying the assistance would breach loan guarantee requirements for state enterprises because THAI has recorded net losses for three years in a row.

BUSINESS

Airlines told to work for lower tax

Business, Wichit Chantanusornsiri, Published on 21/11/2019

» The Excise Department has proposed local airlines increase the frequency of flights to second-tier provinces to enhance tourism there in return for a reduction in the excise tax on jet fuel, its chief says.

BUSINESS

Union calls for severance hike in TBank-TMB merger

Wichit Chantanusornsiri, Published on 19/07/2019

» Thanachart Bank's (TBank) labour union expects 4,000-5,000 jobs will be cut after the bank consolidates with TMB Bank, calling for both banks to offer higher severance payments than are legally required for those to be laid off.