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BUSINESS

Thai Airways loses state enterprise status after stake sell-off

News, Wichit Chantanusornsiri, Published on 23/05/2020

» Debt-ridden Thai Airways International (THAI) has lost its state enterprise status after the Vayupak 1 Fund bought a 3.17% stake from the Finance Ministry on Friday, a source at the fund said.

BUSINESS

State Enterprise Policy Office prepares SOE blueprint

Business, Wichit Chantanusornsiri, Published on 14/06/2019

» The State Enterprise Policy Office (Sepo) plans to propose a five-year development plan for state-owned enterprises (SOEs) once the new government takes office.

BUSINESS

IBank aims to slash bad debts to 5%

Business, Wichit Chantanusornsiri, Published on 13/06/2019

» State-owned Islamic Bank of Thailand (IBank) has set an aggressive target of trimming its bad debt ratio to 5% in the next 3-4 years from 20% currently.

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.

OPINION

Looking forward to a THAI miracle

News, Wichit Chantanusornsiri, Published on 27/09/2018

» As THAI's new management team is struggling to get the ailing flag carrier back in the black by 2022, the public looks on with anxiety. Will there be a miracle?

BUSINESS

THAI chair aims high for global top five

Business, Wichit Chantanusornsiri, Published on 23/07/2018

» Ekniti Nitithanprapas, the new chairman of Thai Airways International Plc (THAI), wants to make the national carrier a premium service airline, cracking the world's top five in five years.

BUSINESS

GH Bank to push B3.9bn in non-performing assets sales

Business, Wichit Chantanusornsiri, Published on 06/07/2018

» State-owned GH Bank aims to fetch 3.9 billion baht from disposing of its non-performing assets (NPAs) this year, its chairman says.

BUSINESS

Sepo to report IBank partner rejection

Business, Wichit Chantanusornsiri, Published on 29/05/2018

» State-owned Islamic Bank of Thailand's (IBank) refusal to accept a partnership proposal will be reported to the superboard by the State Enterprise Policy Commission at this week's meeting.

BUSINESS

SME Bank aims for 1m clients in 3 years

Business, Wichit Chantanusornsiri, Published on 24/02/2018

» The state-owned Small and Medium Enterprise Development Bank of Thailand (SME Bank) has set an ambitious goal of increasing the number of customers to 1 million within three years.