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THAILAND

THAI swings to quarterly profit

News, Amornrat Mahitthirook, Published on 22/02/2016

» Loss-ridden Thai Airways International (THAI) avoided a record net loss in 2015 after its performance in the October-December period posted a net profit, thanks to substantial cost reductions and more efficiencies.

THAILAND

Ex-Treasury boffin eyed for BMTA

News, Amornrat Mahitthirook, Published on 22/02/2016

» The Transport Ministry is expected to submit the nomination for director of the Bangkok Mass Transit Authority (BMTA) for cabinet approval tomorrow, a ministry source said.