State urged to cut TOT, CAT stakes

Komsan Tortermvasana Dilution would help ailing enterprises The Finance Ministry should reduce its shareholding stake in the two state telecoms and allow participation by private ones, says the Thailand Development Research Institute (TDRI). TOT Plc and CAT Telecom are wholly owned by the ministry. “The Finance Ministry stake in both TOT and CAT should be […]

State units ‘spent Bt8 bn on ads’ in 2013

Govt-run TV channels took 50% of total State agencies spent Bt7.985 billion on advertising last year, with the highest outlays coming from the Government Savings Bank and the Prime Minister’s Office, according to the Thailand Development Research Institute. The TDRI’s “The Public Sector’s Media Purchase” research report finds that 50 per cent of the amount […]