Showing 1 - 10 of 16
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).
Govt to inject another B10bn into THAI
Wichit Chantanusornsiri, Published on 27/10/2022
» The Finance Ministry plans to inject 10 billion baht into Thai Airways International to keep its shareholding from dipping below 40%, according to the State Enterprise Policy Office (Sepo).
THAI creditors approve debt restructuring plan
News, Wichit Chantanusornsiri, Published on 20/05/2021
» Thai Airways International's (THAI) creditors on Wednesday formally approved the airline's debt rehabilitation plan which emphasises the state's role in helping the struggling flag carrier access fresh cash injections.
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.
Tourism lifeline in pipeline
Business, Wichit Chantanusornsiri, Published on 15/02/2020
» The government is ready to throw a lifeline, including soft loans, tax incentives and training in return for income, to tourism operators ravaged by the coronavirus outbreak, says Deputy Prime Minister Somkid Jatusripitak.
Bank of America to give advice on merger
Business, Wichit Chantanusornsiri, Published on 15/02/2019
» TMB Bank and Thanachart Bank (TBank) have appointed Bank of America to provide advice on details for their potential merger, says a source at TMB.
Finance Ministry keen on profits from TMB merger
Business, Wichit Chantanusornsiri, Published on 14/02/2019
» The Finance Ministry expects investment in TMB Bank to yield a profit after the ministry subscribes to new shares that will be issued to facilitate the planned merger with Thanachart Bank (TBank), a source at the ministry says.
All quiet on TMB-TBank merger front
Business, Wichit Chantanusornsiri, Published on 31/01/2019
» The proposed merger of TMB Bank and Thanachart Bank (TBank) has yet to be submitted to Finance Minister Apisak Tantivorawong for consideration.
THAI board to decide on Nok share purchase
Business, Wichit Chantanusornsiri, Published on 29/01/2019
» Thai Airways International's (THAI) board of directors will ponder injecting fresh funds into budget carrier Nok Airlines at a meeting scheduled early next month.
Apisak seeks IBank uptick before sale
Business, Wichit Chantanusornsiri, Published on 07/01/2019
» The Finance Ministry wants to sell shares of Islamic Bank of Thailand (IBank) at a premium after the state-owned bank showed signs of a turnaround.