Thai government plans to sell shares despite slump

Article Abstract:

Despite the severe downturn in the global economy, the government of Thailand is planning to go ahead with its plans to sell shares in state-owned companies in order to raise funds to curb public debt. Internet Thailand PCL is scheduled to make an initial public offering with expectations to raise around 175 million baht. Over a period of two years, the government hopes to raise around 300 billion baht from from the privatization program.

Government regulation (cont), Telegraph & other communications, Organizational history, Finance, Internet service providers, Economic policy, Internet Thailand

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Ital-Thai faces obstacles

Article Abstract:

Construction firm Italian-Thai Development PCL is over 11 billion baht in debt and is negotiating a new debt-restructuring package with its creditors. Because the Thai government will be spending less money on large infrastructure projects, Ital-Thai is starting to look for jobs in other countries such as Taiwan and India.

Italy, Taiwan, Nonbuilding Construction, Highway, Street, Bridge, and Tunnel Construction, Financial management, India, HEAVY CONSTRUCTION, EX. BUILDING, Management, Construction industry, Heavy construction, Italian-Thai Development Corporation Ltd.

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Power investing: The bet is on electricity generating

Article Abstract:

Electricity Generating (EGCO) is among the safest investments in Thailand as the utility's contract with the Electricity Generating Authority of Thailand provides a level of security. EGCO is seeking additional acquisitions in Southeast Asia.

Strategy & planning, Electric Utilities, Electric Power Generation, Transmission and Distribution, Electric services, Planning, Brief Article, Electricity Generating Authority of Thailand

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