Corporate

Thai Airways employees end 72 hours strike

A protest by hundreds of Thai Airways employees at Suvarnabhumi Airport to demand increased salary and bonus payments ended after THAI board of director agreed to raise salary by the maximum level of 7.5 percent.

Published

8 years ago

January 21, 2013

Aishwarya Gupta

After the meeting and negotiation between THAI board and representatives of the labour union, the maximum of 7.5 percent salary increase was mutually agreed.Regarding the demand for a two-month bonus payment, the airline’s labour union is scheduled to meet with THAI president Sorajak Kasemsuvan on Monday to learn about the company’s performance, on which the bonus payment is based. Currently, the situation at the country’s main international airport is back to normal and the operations have resumed normally.

The strike led by the labour union started on Friday afternoon January 18 at Bangkok’s main international airport. The rally was aimed at calling for the 7.5 percent salary hike and the two-month bonus.The protest disrupted operations, delayed some flights and interfered with luggage handling, forcing delays at luggage claims. MCOT online news

via THAI employees end strike after salary increase agreed | MCOT.net.

Corporate

Giant Thai-Chinese wholesale hub opens in Bangkok’s Pratunam

The region’s largest wholesale hub features products from China at wholesale prices, and products from Thai manufacturers to export to China.

Published

2 months ago

December 1, 2020

Pr News

Asset World Corporation (AWC) has launched the region’s largest wholesale hub in the Pratunam area of Bangkok, housed in the old Pantip Plaza tech mall.

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Business

Thailand remains in pole position for the highest funds raised across Southeast Asia

Taking the top two spots on the region’s leaderboard this year are Thailand’s Central Retail Corporation Public Company Limited and SCG Packaging Public Company Limited with US$1.77 billion and US$ 1.27 billion funds raised respectively

Published

2 months ago

November 26, 2020

Pr News

Thailand’s Central Retail Corporation Public Company Limited raised US$1.77 billion in 2020

THAILAND, 26 November 2020 — Capital markets across Southeast Asia stayed resilient in 2020 despite a host of uncertainties from the evolving global health crisis to the worsening US-China trade tensions and the impact of the US presidential elections.

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Corporate

Thailand’s antitrust agency under scrutiny over $11 Billion Tesco Deal Approval

With the Tesco deal approved, CP Group will gain control over a network of about 2,000 hypermarket and grocery stores across Thailand, and the group already operates 7-Eleven convenience stores and the Siam Makro chain.

Published

2 months ago

November 9, 2020

Olivier Languepin

Thailand’s largest conglomerate, Charoen Pokphand Group (CP) won on Friday the Thai antitrust agency’s approval for acquisition of retail giant Tesco Lotus: the Office of Trade Competition Commission (OTCC) voted 4:3 in favour of the US$10-billion takeover deal.

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