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Three motorway projects to be launched
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Tobacco agency pins hopes on hemp
bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.
Tobacco agency pins hopes on hemp
Tobacco agency pins hopes on hemp
BANGKOK: The Tobacco Authority of Thailand (TOAT) expects lucrative businesses related to cannabis and hemp extracts will help compensate for deteriorating income from tobacco production.
Monday 15 March 2021, 09:13AM
Cannabis is grown on a farm in Nakhon Ratchasima province. The tobacco authority believes the business value of cannabis and hemp could reach tens of billions of baht. Photo: Prasit Tangprasert / Bangkok Post
TOAT is drafting a ministerial regulation to give the organisation the authority to grow and produce extracts from cannabis and hemp, which can be used in medicine and cosmetics, said TOAT governor Panuphol Rattanakanjanapatra, reports the
By Cirium2021-03-05T07:17:00+00:00
Entities affiliated with the governments of Malaysia and Thailand have in recent days affirmed support for their respective flag carriers, both undergoing court-led restructurings.
Malaysia Airlines Group’s (MAG) sole shareholder Khazanah Nasional, Malaysia’s sovereign wealth fund, said in a 4 March statement announcing its 2020 financial results that it “continues to provide full support and close cooperation in the comprehensive efforts to ensure the national carrier’s sustainability post-pandemic”.
Source: Alfred Chua/FlightGlobal
Malaysia Airlines A330-200 at Taipei Taoyuan Airport. Visit Malaysia special livery
On 22 February, a UK court approved a scheme of arrangement between MAG’s leasing entity MAB Leasing and the majority of MAG’s operating lessors. The scheme was unanimously supported after one final lessor, which previously had faced challenges getting approval from its own financiers, consented to the scheme.
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