Thai cabinet approves ฿20bn loan to reduce diesel prices

Thailand’s cabinet today (Tuesday) approved a 20 billion baht loan, from the State Oil Fund, to maintain diesel prices at no more than 30 baht per litre for 4 months….

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Thai Airways hopes to return to operational profit in two years

Struggling national flag carrier Thai Airways International expects to make a profit in 2024 if the government’s policy of reopening Thailand to foreign arrivals proceeds smoothly, said Piyasvasti Amranand, chairman…

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Thai Airways seeks new capital to resume operations after rehabilitation plan approval

Financially-strapped Thai Airways International (THAI) is seeking 50 billion Baht worth of capital from both the government and private financial institutions to boost its liquidity, so the struggling airline will…

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Anudith Nakornthap / Photo from Pheu Thai Party’s Facebook

Opposition wants more time to debate 1.9 trillion baht loan decrees

The Opposition has voiced objection to the duration of the three-day parliamentary debate on the Government’s three executive decrees, to seek 1.9 trillion baht in loans, claiming that they need…

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Courtesy: NBT

Thai cabinet announces 1.6 trillion baht third economic stimulus package

Thailand’s cabinet has approved a third economic package, estimated to cost about 10% of the country’s GDP, or 1.6 trillion baht, to help those who did not benefit from the…

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