Business
Thai Airways delays take off in 2021 | VIDEO

Due to the current outbreak of Covid-19, Thai Airways, Thailand’s flagship airline, is reducing its international flight schedule until at least March 27. A limited schedule of domestic flights are still operating as normal under the airline’s domestic carrier Thai Smile.
Thai Airways will reduce international flights to the following destinations:
Asia
•Hong Kong: One daily return flight – TG638/TG639
•Manila: One weekly return flight – TG624/TG625
•Osaka: One weekly return flight – TG622/TG623
•Seoul: One weekly return flight – TG656/TG657
•Taipei: One weekly return flight – TG632/TG633
•Tokyo (Narita): Three weekly return flights – TG642/TG643
Australia
•Sydney: One weekly return flight – TG475/TG476
Europe
•Copenhagen: One weekly return flight – TG950/TG951
•Frankfurt: One weekly return flight – TG922/TG923
•London: One weekly return flight – TG910/TG911
Thailand’s national airline has had a difficult year with the Covid pandemic adding to the company’s woes of crippling debt.
The airline has had a history of top-heavy management, abuse of the free seats for executives and Thai politicians and dodgy deals on fleet procurements.
The deal that has led to so much crippling debt was the purchase of the Thai Airways Airbus A340 fleet, and later Boeing 777 model long-range jets, and the Rolls Royce Trent 500 and 800 engines that powered the jets.
A bribery admission was made by Rolls-Royce concerning the Thai Airways engine and maintenance procurement between 1991-2005. That deal was going to be investigated by the airline’s board at the time. They were going to check if the acquisition process was transparent, how the engine acquisition process differed from the past, and who was involved in the bribery Rolls-Royce admitted to.
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Thailand
More than a third of Thai tourism-related businesses closed down

A Tourism Authority of Thailand survey, conducted between January 10 – 12, indicates that more than a third of the country’s tourism-related businesses has already shut up shop and gone out of business. An enormous majority were begging for TAT and government assistance fearing that they are unable to hand on much longer.
1,884 tourism businesses in Thailand were surveyed about their situations and how they were coping with the long-term closure of the Thai borders and the local restrictions on travel.
The businesses were in the areas of accommodation, travel firms, restaurants, car and bike rentals and public transport businesses.
34.7% said they had already shut down or gone out of business.
That the TAT admit that more than a third of their front-line organisations have gone to the wall already is a big turn-around from the perennially optimistic tone and often cringe-worthy predictions. The TAT and the Thai Minister of Tourism and ports are now staring down the barrel of an industry, not only diminished, but changed forever after decades of stunning growth.
At the start of the week the Tourism and Sports Minister claimed that 10 million tourists would start arriving on Thailand’s shores from the middle of this year for the rest of 2021. Just 3 months ago he also predicted that domestic tourists would undertake some 10 million trips a month during the forthcoming high season (December to February).
With only hope to back up his speculative predictions, the Minister was hopeful the stimulus measures approved by Cabinet will boost tourism numbers and help off-set some of the economic devastation caused by the closure of Thailand’s international borders.
This week’s prediction was that tourists, foreign and local, would be spending 1.2 Trillion baht on the battered tourist industry during 2021. He failed to provide details about where these tourists would come from or where they would visit during their stays – stays that still have to begin with a 14 day mandatory quarantine.
The only good news is a further 65% of businesses that continue to struggle on, waiting to see how 2021 unfolds and the effect of the roll out of Covid-19 vaccines, that will allow countries to open borders and a greater level of travel freedoms once again.
The break out of a cluster of infections in the Samut Sakhon province, just south west of Bangkok, and now spread to the majority of other Thai provinces, on December 20, forced the government to restrict inter provincial travel. The not-quite-a-lockdown that followed severely dampened the travel plans of locals and foreigners inside Thailand over the traditional December/January holiday season. This week the Bangkok Metropolitan Authority loosened some of the earlier restrictions and allowed some formerly closed businesses to re-open.
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Thailand
Government is to allow people to use “legal” parts of cannabis in business

With intentions to promote cannabis as the country’s potential new cash crop, the government is preparing guideline to allow people to produce, sell or own cannabis and hemp. The permitted businesses, including textile, pharmaceutical, and cosmetics will be able to register to receive FDA permissions from January 29.
According to the FDA secretary-general, leaves, stalks, stems, roots, flowers, and seeds are not in a list of legal parts as they have high drug content (is there anything left?). Individuals are still not allowed to grow both cannabis and hemp without authorisation. Import and export of hemp must seek permission from the FDA Office as well.
Interested applicants in Bangkok can register at the FDA Office, while those in upcountry can contact the provincial public health offices. Courses and training about how to start a business using marijuana plants will be provided under the collaboration of the Education Ministry and Public Health Ministry.
However, a traditional medicine expert with Chaopraya Abhaiphubejhr Hospital, suggests that 6 groups of people should avoid food and drink with marijuana, including those with liver and kidney problems, heart disease patients, people aged below 25, pregnant women, breastfeeding mothers, and those taking stimulant medications.
SOURCE: Bangkok Post
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Thailand
Myanmar cancels Thai investment in the Dawei Special Economic Zone

The Dawei Special Economic Zone Management Committee has announced the cancellation on the deep seaport project contract with Italian-Thai Development (ITD), one of Thailand’s leading industrial firms, by saying that they “lost confidence” in the company after long, controversial issues.
The Dawei Special Economic Zone Management Committee said that the Thai company has caused them “repeated delays, continuing breaches of financial obligations under the contracts and the concessionaires’ failure to confirm their financial capacity to proceed with development”.
They say they will look for new development partners to continue the projects. Currently, there are still no comments from ITD.
The Dawei Special Economic Zone is Myanmar’s initiative to encourage international investments into the country, but the project has been delayed because of funding problems and local opposition.
SOURCE: Thai PBS World
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Mr cynic
Thursday, January 7, 2021 at 6:15 pm
An outstanding well balanced video on the current situation at Thai and how they arrived there. 10 out of 10.
Ted
Thursday, January 7, 2021 at 6:33 pm
Yes agree, this sets the Thaiger apart from BP and others who seems to scarred of telling the truth. I really miss investigative journalism, here in Thailand, as you have back home.
Shahid Iqbal
Friday, January 8, 2021 at 11:48 pm
Graft, Mismanagement & Incompetence At All Other Levels Both In Thailand And Its Field Offices ABROAD Must Be Under Consideration By Bankruptcy Court.Thanks To Handle Incoming Challenges Even Though It Is Miracle & Difficult But Possible By Accurate Planning With Empowered Expatriate CEO.
Shahid Iqbal
Friday, January 8, 2021 at 11:41 pm
Corruption/Mismanagement/Incompetence In Many Other Areas In Thailand and Overseas Stations Must Be Seriously Viewed As Every Single Drop Of Water Makes Big Ocean-A Soft Message For Bankruptcy COURT.Thanks!
Robbelar
Saturday, January 9, 2021 at 1:25 am
Great vid. In what way will it be a very different airline? Will passengers notice the difference?
The Thaiger
Saturday, January 9, 2021 at 8:40 am
We tip it will be either much smaller, with less routes, or never take off again, and be sold off in bits.
pew
Sunday, January 10, 2021 at 4:10 pm
Thai airways=Thainess