Business
Labour union angry over changes to Thai Airways staff contracts under rehab plan

Union representatives are questioning changes made to the employment terms of Thai Airways staff as part of the national carrier’s debt-restructuring plan. The labour union claims the changes have removed or diluted several staff entitlements and welfare benefits, pointing the finger at acting president, Chansin Treenuchagron, who signed the orders.
The union is calling on the Department of Labour Protection and Welfare to review the changes to check if they align with a debt-restructuring plan submitted to the Central Bankruptcy Court. According to a Bangkok Post report, the union believes the signed orders may go against the terms of the rehab plan currently being reviewed by creditors. They include an order related to the company’s new organisational structure, as well as the screening of workers who will continue to be employed by the carrier during and after the rehab process.
Union representatives accuse the airline of changing the terms and conditions of employee contracts, meaning weaker welfare benefits. They are asking the DLPW to confirm if the changes comply with the 1940 Bankruptcy Act, the 1975 Labour Relations Act, and the 1998 Labour Protection Act. The union says that if the changes are found to violate the acts, Chansin should be ordered to cancel the orders and draw up new employment terms that comply with the airline’s rehab plan and with employment law.
SOURCE: Bangkok Post
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Business
The Thaiger joins forces with Masii to bring you hassle-free Thailand re-entry packages and much more

PRESS RELEASE
The Thiager and its sister company Tadoo, have announced they will enter a strategic partnership with the Bangkok-based fintech company, Masii.
Having joined forces with Masii, The Thaiger aims to provide its 6 million-plus monthly users with exclusive deals and packages such as the Thailand re-entry package, comprising of the Certificate of Entry (COE), Covid-19 Travel Insurance and a Covid-19 Test.
Sapir Matmon, of Tadoo, says “This tie-up will allow us to provide our readers with all-inclusive packages specifically designed to make the whole process of coming back to Thailand as simple as possible. And by booking through us, all service fees will be waived – a saving of more than 1,000 Baht. We’re confident you won’t find a better price in the market right now.”
“We can provide everything you need to enter Thailand hassle-free and within 12 hours, which is the fastest in the market.” Says Maxwell Meyer, CEO of Masii.
Covid-19 has drastically accelerated the industry’s movement toward shifting products and services online.
Sapir says “We are tremendously pleased to welcome the Masii team and work alongside Maxwell, as one of the stars of the local fintech scene.”
Tadoo, The Thiager’s sister company, has also teamed up with Masii on their Thai price comparison platform, tadoo.co, which offers a similar range of products including, insurance, finance, internet, and mobile.
The goal of Tadoo is to bring clarity to the Thai market and assist consumers in making better-informed choices by offering a quick and convenient solution for getting the products they want without the hassle.
For more information on the Thailand Re-Entry Full Package, click HERE.
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Coronavirus (Covid-19)
Aviation authority calling for 20,000 vaccine doses for crew, ground staff

The Civil Aviation Authority of Thailand is calling for vaccine doses to protect around 20,000 airline crew and ground staff before the country re-opens to international tourists. The CAAT says it’s vital that those working in the aviation industry are protected and has submitted its request to the Centre for Covid-19 Situation Administration.
According to Suthipong Kongpool from the CAAT, there are around 20,000 airline employees, including crew and ground staff, who will need to be vaccinated. As 2 doses are required, a total of 40,000 doses are needed to fully protect staff. The Bangkok Post reports that the CAAT will meet on Thursday to review the aviation sector’s readiness for when the country re-opens without international arrivals having to quarantine.
Suthipong says they are seeking enough vaccine doses to protect employees of Thai-registered carriers.
“It’s a confidence-building measure for tourists and those providing the services to them.”
From July, the southern island of Phuket will be the first part of the country to waive quarantine for vaccinated international arrivals, subject to 70% of local residents being vaccinated. The “sandbox” project is a pilot programme that will be expanded to other areas if it proves successful. Between October and the end of the year, 5 other provinces – Phang Nga, Surat Thani, Krabi, Chon Buri, and Chiang Mai – are expected to adopt the programme. Officials hope to be able to re-open the country fully from January 2022.
According to the CAAT, the first foreign visitors expected to return to Phuket will be Chinese tourists, given that country’s success in managing the pandemic. Meanwhile, the CAAT says Thailand will see a 7% increase in air traffic this month compared to last, with a total of 36,150 domestic and international flights.
SOURCE: Bangkok Post
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Thailand
Leader of Thai cryptocurrency exchange warns regulators about tight restrictions

The co-founder of Thailand’s largest cryptocurrency exchange has slammed regulators for plans to set requirements that would limit who can trade cryptocurrency. Following a drastic spike in domestic crypto trading, Thailand’s Securities and Exchange Commission, decided to look into tighter restrictions and say traders will be soon required to have experience, be educated in trading or pass an exam.
Too many regulations will push some Thais away, according to 33 year old Atichanan Pulges, co-founder and CFO of Bitkub. He warns that too many restrictions might drive amateur traders to unregulated international platforms in other countries.
Atichanan told Bloomberg that these restrictions will do little to stem the increasing popularity of cryptocurrencies in Thailand. The SEC’s restrictions were proposed in response to an unprecedented surge in crypto trading beginning in November 2020. According to the SEC’s own data, crypto-trading in Thailand jumped six fold from 18 billion baht in November to 124 billion baht in February. Bitkub themselves reported a daily turnover of 4.2 billion baht throughout February, a jump of nearly 40% from the previous month.
Thai authorities continue to struggle with the increasing popularity of cryptocurrencies, as they strive to balance embracing innovation with protecting investors. The SEC recently walked back potential restrictions which would have limited crypto purchases to those with a minimum income of 1 million baht after public backlash. Instead, they’ve proposed a program to educate potential investors of the risks involved in investing in the notoriously volatile crypto market.
Undeterred by any potential regulations, Bitkub – who claim to host around 90% of crypto trading in Thailand – have announced plans to expand over the coming year, aiming to double their current staff to 500 and introduce their own debit card. The company is also aiming to achieve the coveted ‘unicorn’ status (a private valuation of more than $1 billion) at some point in the near future.
SOURCE: Bloomberg
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toby andrews
Tuesday, April 6, 2021 at 11:02 am
Debt restructuring plan in Thai speak means, debt don’t pay plan.
Timmytime
Tuesday, April 6, 2021 at 12:37 pm
Thai Airways is so poor today that they fly around with their IFE shut down since they cant afford the licence fee, also they must pay everything in cash since their credit is worth zero, fuel, catering, cleaning etc at all airports domestic and international. Not a single baht has been payed in refunds for tickets bought before the pandemic to this date either. Scrap this misery once and for all. Thai has today a horrible world wide reputation.
Mr cynic
Tuesday, April 6, 2021 at 2:59 pm
I’m amazed the remaining staff are bitching about money and that is what this is about.they are far from irreplaceable.the level or arrogance is astounding.
Desertdueler
Tuesday, April 6, 2021 at 4:08 pm
Shut it down. State-run flag carriers are a thing of the past. Bureaucratic, inefficient, corrupt, inflexible, outdated business models. With exception of a very few, eg ME carriers, which are mostly run by expats along corporate lines. This will never be the case with TG.
TS
Wednesday, April 7, 2021 at 10:45 am
airline mechanics/maintenance personnel angry at their bankrupt employer? recipe for disaster
Gosport
Saturday, April 10, 2021 at 3:25 pm
Shut it down, let tickets buyers crying for home
TS
Sunday, April 11, 2021 at 2:30 pm
“Thai Smile” great name. almost as good as “Amazing Thailand”