Page 29 - Ratch Group News Today : Breaking News, Live Updates & Top Stories | Vimarsana

By Cirium2021-01-21T10:34:00+00:00 Thai Airways International and Asiana Airlines, both undergoing restructuring, have disclosed details about selling off non-core subsidiaries. Thai Airways completed on 19 January the sale of a 15.5% stake in Bangkok Aviation Fuel Services (BAFS) to Ratch Group for Bt2.7 billion ($90 million), at Bt27.40 per share, it said in a same-day statement. Source: Shutterstock An Asiana Airlines’ Airbus A320 at Guangzhou airport in 2019 Thai Airways states that this is a third-party transaction, and that BASF’s core businesses include aviation fuel storage sy...

TRIS Rating affirms the company rating on Gulf Energy Development PLC (GULF) at ?A?. At the same time, we affirm the ratings on GULF?s senior unsecured debentures at ?A-?. The rating outlook remains ?stable?. The issue ratings? one notch below the company rating reflects the structural subordination of the claims under the debentures, due to GULF?s status as a holding company, compared with the debt obligations of the company?s operating subsidiaries. The ratings reflect the company?s position as one of the leading power producers in Thailand, its well-diversified portfolio, predictable cash ...

Economic fire continues to rage 10 The struggles and successes amid the pandemic may be permanent. published : 23 Dec 2020 at 04:02 10 The 'yak' (giant) statue at Suvarnabhumi airport wears a face mask as part of the campaign to encourage mask wearing and the observation of social distancing to prevent infection. (Photo by Wichan Charoenkiatpakul) Fighting the pandemic and keeping the ailing economy going have been almost insurmountable tasks for Thailand this year. The Bank of Thailand has forecast a GDP contraction of 7.8% in 2020, cruci...