Showing 21 - 30 of 62
THAI debt rehab plan 'needs review'
News, Wichit Chantanusornsiri, Published on 10/02/2021
» Thai Airways International's (THAI) debt rehabilitation plan needs a further review of critical points including the airline's ability to pay off its debts, according to Deputy Prime Minister Supattanapong Punmeechaow.
B2tn in SME loans risk turning sour
Business, Wichit Chantanusornsiri, Published on 17/09/2020
» Loans worth 2 trillion baht owed by 1.1 million SMEs that entered the debt moratorium programme could turn into bad debts after the programme's expiry at the end of September, says Thai Credit Guarantee Corporation (TCG).
Panel submits probe results on THAI debt
News, Wichit Chantanusornsiri, Published on 02/09/2020
» The Transport Ministry on Tuesday submitted the findings of a probe into alleged irregularities involving Thai Airways International (THAI) to the Finance Ministry for further action.
SEC mulls alternative bond funding
Business, Wichit Chantanusornsiri, Published on 09/06/2020
» The Securities and Exchange Commission (SEC) has floated an idea to set up a fund to help issuers of non-investment-grade corporate bonds in the pandemic era.
Ministry to cut THAI stake
News, Wichit Chantanusornsiri, Published on 21/05/2020
» The Finance Ministry will sell 3.17% of its stake in the financially-troubled Thai Airways International (THAI) to the state-run Vayupak 1 Fund, with the aim of stripping the airline of its state enterprise status.
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.
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.
Uttama: Bankruptcy an option for THAI
Wichit Chantanusornsiri, Published on 14/05/2020
» Filing for bankruptcy is an option for the rehabilitation of Thai Airways International (THAI), and the cabinet will make the final decision, Finance Minister Uttama Savanayana said on Thursday.
Political instability adds to viral woes
News, Wichit Chantanusornsiri, Published on 05/03/2020
» The economy weakened last year thanks to the Sino-US trade war. This year, its health could worsen further due to two emerging factors. One is the Covid-19 outbreak which has hit the country's tourism industry hard. Another is potential political turmoil signalled by a series of "flash mobs" of students which gathered after the Constitutional Court's ruling to dissolve the Future Forward Party (FFP). If the rallies continue unabated, this year's growth could be worse than analysts predict.
Investment misses public target levels
Business, Wichit Chantanusornsiri, Published on 11/02/2020
» A meagre 25 billion baht in investment budget was doled out in the first three months of fiscal 2020, as the months-delayed 3.2-trillion-baht budget bill has yet to be enforced, says a source at the Finance Ministry who requested anonymity.