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Search Result for “financial crisis”

Showing 1 - 6 of 6

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BUSINESS

Chakkrit enters THAI race

News, Thodsapol Hongtong, Published on 12/11/2019

» Deputy permanent secretary for finance Chakkrit Parapuntakul has been nominated to chair Thai Airways Plc's (THAI) executive board, in the hope he can lead the flag carrier out of its chronic financial distress.

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BUSINESS

THAI told to revamp rehab plan

News, Thodsapol Hongtong, Published on 11/10/2019

» Deputy Transport Minister Thaworn Senneam has ordered loss-ridden national flag carrier Thai Airways International (THAI) to overhaul its financial rehabilitation plan and draw up a new business plan within 30 days.

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THAILAND

Rehab plan 'failing' as THAI losses mount

News, Thodsapol Hongtong, Published on 04/10/2019

» Deputy Transport Minister Thaworn Senneam has expressed concern that the loss-ridden national flag carrier Thai Airways International (THAI) may be in danger of running up net losses of well over 10 billion baht this year.

BUSINESS

THAI execs' pay deals 'voluntary'

News, Thodsapol Hongtong, Published on 20/08/2019

» Thai Airways International Plc's (THAI) president has insisted that salaries and meeting allowances of directors and top executives have been agreed to voluntarily in order to help the airline survive its financial crisis.

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BUSINESS

THAI execs asked to agree to pay cuts

Thodsapol Hongtong, Published on 19/08/2019

» The Thai Airways International president has asked senior executives to agree to a cut in their salaries and meeting allowances to help the airline survive a financial crisis.

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THAILAND

Smart solutions serve as a cornerstone for the future of transport

News, Thodsapol Hongtong, Published on 01/08/2019

» A legacy of Prime Minister Prayut Chan-o-cha's government has been the revival of rail transport development in Thailand through high-speed train and urban electric train projects. These projects are expected to accelerate urbanisation in the country in a manner not seen since the reign of King Rama V.