Thai Airways to shed only 5% of employees, while appointing new president

Evidence of Thai Airways’ corruption, mismanagement, sent to Finance Ministry

Evidence of Thai Airways’ corruption, mismanagement, sent to Finance Ministry The Finance Ministry has received 18 documents that show evidence of corruption and mismanagement at Thai Airways. The evidence was submitted by a Transport Ministry panel on corruption, pending a full investigation into “shady dealings” at the battered national carrier. The airline is currently undergoing…

PTT moves closer to decision on Ohio petrochemical plant with storage deal

Thailand unveils new cabinet with economic czar from PTT group

Thailand unveils new cabinet with economic czar from PTT group Appointments show Prayuth’s priority is to restructure COVID-hit state entities BANGKOK — Prime Minister Prayuth Chan-ocha’s government on Thursday announced it had handed key positions in the energy and finance departments to former executives in a state-owned company and a commercial bank, in a reshuffle…

Finance Ministry cuts economic growth outlook to 2.8%

Finance Ministry cuts economic growth outlook to 2.8%

Finance Ministry cuts economic growth outlook to 2.8% The Ministry of Finance has now cut the country’s economic growth outlook to 2.8%, from the previous 3%. BANGKOK (NNT) – After three quarters, the global economic slowdown and the ongoing trade war between China and the United States, are still having an adverse impact on the…