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Thai Airways approves new president

Charamporn Jotikasthira, ex-president of the Stock Exchange of Thailand, was yesterday approved by the board of Thai Airways International as its new president, set to upgrade the airline’s information-technology systems and rescue it from its financial crisis.

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Charamporn Jotikasthira, ex-president of the Stock Exchange of Thailand, was yesterday approved by the board of Thai Airways International as its new president, set to upgrade the airline’s information-technology systems and rescue it from its financial crisis.

Charamporn was one of four candidates and one of two finalists. He will be serving a four-year term that is expected to start next month.

The airline’s management will negotiate salary and benefits with him before proposing his name to the Finance Ministry for approval.

Areepong Bhoocha-oom, permanent secretary of the Energy Ministry and acting chairman of THAI, said Charamporn was the most suitable person to fill the vacancy as he came with impressive academic credentials and had experience with giant organisations such as Siam Commercial Bank and the SET.

Charamporn holds a bachelor’s degree in electrical engineering and computer science from the Massachusetts Institute of Technology and a Master of Business Administration from Harvard University.

via THAI board names new president – The Nation.

Corporate

The environmental case for remote working

Anyone searching for a silver lining to the pandemic should look to the clear, blue skies above them. A reduction in pollution worldwide has been an unintended benefit of the lockdowns and stay-in-place orders imposed to control the spread of COVID-19.

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During the pandemic, the environmental and societal benefits of working at home quickly became apparent. How can businesses protect these benefits in the future?

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Investment

Thailand Q1 Investment Applications Soar 80% as FDI More Than Double says BOI

The top three source countries of FDI applications during the first quarter were South Korea, China, and Singapore, with similar levels of investment. Korean investment soared due to a large-scale joint venture in the medical sector, Ms Duangjai said.

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The Thailand Board of Investment (BOI) said today that in the first quarter of 2021, investment applications rose 80% from the year earlier period to a total value of 123.4 billion baht (USD3.9 billion), led by projects in the medical and electric and electronics (E&E) sectors, as foreign direct investment (FDI) applications more than doubled.

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