State-owned firm reform: for better or worse

Deunden Nikomborirak A state-owned enterprise is somewhat an anomaly as it is neither public nor private in nature. It is owned by everyone and yet no one. It’s raison d’etre is often the delivery of public services and yet most operate commercially. How to deal with state-owned enterprises has been a constant challenge facing many […]

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 […]

‘Superboard’ to coordinate state units

Private, public sectors represented on new junta-led body to boost efficiency The junta’s new “superboard” overseeing all state enterprises has the stated aim of getting them all moving in the same direction towards strength and efficiency. The superboard was set up on Thursday by the military’s ruling National Council for Peace and Order (NCPO) and […]