Thaksin presses privatization
Article Abstract:
Thaksin Shinawatra, the Prime Minister of Thailand, discussed plans to increase stock exchange capitalization within the next three years by privatizing 18 state enterprises by the end of 2003. This move is expected to generate about 700 billion baht ($15.62 billion) for the Stock Exchange of Thailand's capitalization, which currently stands at 1.49 trillion baht.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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Economic aid aims at firms; tariff cuts, funds to help debt-laden concerns
Article Abstract:
Thailand's third attempt to hasten its economic recovery in 1999 involves a package consisting of tax breaks, inexpensive property loans, new funds for investment and tariff cuts. The economic package is aimed at providing support for the country's debt-burdened companies that are unable to get loans from banks who are likewise suffering from several nonperforming loans. The economic aid is also designed to help lower capital and production costs, create new jobs and open opportunities for exporters to compete internationally.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
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