Showing 11 - 20 of 176
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).
Vongsayam to be awarded water pipeline concession
Business, Wichit Chantanusornsiri, Published on 23/09/2022
» The Treasury Department plans to award a contract to Vongsayam Korsang Co, the winning bidder of its concession to manage and operate the main water transmission pipeline system in eastern Thailand.
Student loan rate cut proposed
Business, Wichit Chantanusornsiri, Published on 17/06/2022
» The interest rate for the Student Loan Fund will be lowered to reduce the burden on borrowers, says permanent finance secretary Krisada Chinavicharana.
Vongsayam bid given green light
Business, Wichit Chantanusornsiri, Published on 15/03/2022
» The Treasury Department yesterday decided to name Vongsayam Korsang Co the winning bidder of its concession to manage and operate the main water transmission pipeline system in the East of the country, quoting a bid of 25.6 billion baht, said Deputy Finance Minister Santi Promphat.
GSB puts off bad loan lawsuits for 4 months
Business, Wichit Chantanusornsiri, Published on 16/02/2022
» Government Savings Bank (GSB) has delayed its plan to file lawsuits against customers with non-performing loans (NPLs) for four months, giving them more time to seek ways to address the problem, says bank president Vitai Ratanakorn.
THAI seeks B25bn loan, expands cargo flights by 30 routes
News, Wichit Chantanusornsiri, Published on 12/11/2021
» Thai Airways International (THAI) is expected to seek 25 billion baht in loans to boost its financial liquidity as the airline expands its cargo flight services to a further 30 routes from now until March next year.
State 'not obliged to save THAI'
News, Wichit Chantanusornsiri, Published on 17/05/2021
» There is no commitment to a state bailout in Thai Airways International Plc's (THAI) debt rehabilitation plan, according to a source close to people conducting the process.
Creditors vote Wednesday on THAI rehab plan
News, Wichit Chantanusornsiri, Published on 12/05/2021
» If Thai Airways International Plc (THAI) were to go under on decision day, which is Wednesday, creditors would only be paid 12.9% of what is owed to them, a source at the airline warned.
Govt cracks down on Covid scammers
News, Wichit Chantanusornsiri, Published on 10/04/2021
» The Finance Ministry is seeking to prosecute 1,000 shops and individuals it claims defrauded the Kon La Krueng (Half-Half) co-payment scheme designed to help alleviate financial hardship during the Covid-19 crisis.