Gov’t hikes UCPB stake, abandons privatization
The government has abandoned its previous plan to privatize United Coconut Planters Bank (UCPB) and instead jacked up control over the state-run lender so it can assist farmers and help…
Thai Airways faces privatization if it declares bankruptcy
The Nation/Asia News Network BANGKOK — It is expected that Thailand’s Cabinet will give the go-ahead to the rehabilitation of Thai Airways International (THAI) as per the Bankruptcy Court’s procedure…