State Enterprises Of Thailand
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State Enterprises Of Thailand
, the Government of Thailand holds majority ownership in 56 commercial entities that are categorized as state-owned enterprises (SOEs). These include: * Forty-six non-financial SOEs concentrated in key economic sectors such as communications, power generation and distribution, transportation, and water management. Several are among the largest listed companies in Thailand. * Ten financial SOEs, including a state-owned bank, a government pawnshop, and eight specialized financial institutions (SFIs) that carry out high-profile policy functions. * Since the military coup of 2014, there has been a sharp increase in active duty military officers sitting on the boards of state-owned enterprises. Of the 56 state-owned enterprises, 42 have military directors . SOE financials SOE total assets rose from 4.3 trillion baht (US$130 billion) in 2004 to 14.9 trillion baht (US$450.8 billion) in 2016. Revenues increased from 1.4 trillion baht to 4 trillion baht over the same period. As assets have ...
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Government Of Thailand
The Government of Thailand, or formally the Royal Thai Government ( Abrv: RTG; th, รัฐบาลไทย, , ), is the unitary government of the Kingdom of Thailand. The country emerged as a modern nation state after the foundation of the Chakri Dynasty and the city of Bangkok in 1782. The Revolution of 1932 brought an end to absolute monarchy and replaced it with a constitutional monarchy. From then on the country was ruled by a succession of military leaders installed after coups d'état, the most recent in May 2014, and a few democratic intervals. The 2007 Constitution (drafted by a military-appointed council, but approved by a referendum) was annulled by the 2014 coup-makers who ran the country as a military dictatorship. Thailand has so far had seventeen Constitutions. Throughout, the basic structure of government has remained the same. The government of Thailand is composed of three branches: the executive, the legislative, and the judiciary. The system of gov ...
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MCOT Public Company Limited
MCOT Public Company Limited (MCOT; th, บริษัท อสมท จำกัด (มหาชน)), formerly known as the Mass Communication Organization of Thailand, is a Thai state-owned public broadcaster. It owns and operates a number of radio and television stations in Thailand. It is based in Bangkok. At present, MCOT runs seven national, one international, 52 provincial, one district radio station, two television channels (terrestrial free-to-air; until 2020), and 2 satellite television channels. (until 2017) Their motto is "Always Serving the Public". On their website MCOT uses the slogan "Digitally beyond" (Nov 2014). History 1952–2000 On 10 November 1952, MCOT was established as Thai Television Company Limited. "Thorathat" is the Thai word for television, despite Thailand having no television services at the time. Television services under the name Thai Thorathat (Channel 4) started on 24 June 1955 in time for national day celebrations. In 1977 TTV Radio and ...
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Mass Rapid Transit Authority Of Thailand
Mass Rapid Transit Authority of Thailand or MRTA ( th, การรถไฟฟ้าขนส่งมวลชนแห่งประเทศไทย) is a state enterprise under the Ministry of Transport of Thailand. It is responsible the operation of rapid transit systems in the Bangkok Metropolitan Region and including other provinces as defined by the royal decree. The MRTA was founded in 1992 and underwent restructuring in 2000. The MRTA oversees the operation of the BTS outside Bangkok areas and MRT, which consists of the operational Blue Line and Purple Line. Other systems, including the Airport Rail Link An airport rail link is a service providing passenger rail transport from an airport to a nearby city by mainline or commuter trains, rapid transit, people mover, or light rail. Direct links operate straight to the airport terminal, while o ..., are owned and operated by other agencies. History The Mass Rapid Transit Authority of Thailand was established ...
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Marketing Organization For Farmers
Marketing is the process of exploring, creating, and delivering value to meet the needs of a target market in terms of goods and services; potentially including selection of a target audience; selection of certain attributes or themes to emphasize in advertising; operation of advertising campaigns; attendance at trade shows and public events; design of products and packaging attractive to buyers; defining the terms of sale, such as price, discounts, warranty, and return policy; product placement in media or with people believed to influence the buying habits of others; agreements with retailers, wholesale distributors, or resellers; and attempts to create awareness of, loyalty to, and positive feelings about a brand. Marketing is typically done by the seller, typically a retailer or manufacturer. Sometimes tasks are contracted to a dedicated marketing firm or advertising agency. More rarely, a trade association or government agency (such as the Agricultural Marketing Service) ...
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Market Organization
Market is a term used to describe concepts such as: *Market (economics), system in which parties engage in transactions according to supply and demand *Market economy *Marketplace, a physical marketplace or public market Geography *Märket, an island shared by Finland and Sweden Art, entertainment, and media Films * ''Market'' (1965 film), 1965 South Korean film * ''Market'' (2003 film), 2003 Hindi film *'' The Market: A Tale of Trade'', a Turkish film Television * ''The Market'' (TV series), a New Zealand television drama Brands or enterprises * The Market (company), a concept grocery store *The Market, a specialized Safeway store Types of economic markets *Agricultural marketing *Emerging market *Energy market *Financial market *Foreign exchange market *Grey market, commodity trade outside of original producer's distribution channel *Media market, geographic area with mostly the same set of media outlets *Niche market *Open market, a free trade economy; the antonym of close ...
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Liquor Distillery Organization
Liquor (or a spirit) is an alcoholic drink produced by distillation of grains, fruits, vegetables, or sugar, that have already gone through alcoholic fermentation. Other terms for liquor include: spirit drink, distilled beverage or hard liquor. The distillation process concentrates the liquid to increase its alcohol by volume. As liquors contain significantly more alcohol (ethanol) than other alcoholic drinks, they are considered 'harder'; in North America, the term ''hard liquor'' is sometimes used to distinguish distilled alcoholic drinks from non-distilled ones, whereas the term ''spirits'' is more common in the UK. Some examples of liquors include vodka, rum, gin, and tequila. Liquors are often aged in barrels, such as for the production of brandy and whiskey, or are infused with flavorings to form a flavored liquor such as absinthe. While the word ''liquor'' ordinarily refers to distilled alcoholic spirits rather than beverages produced by fermentation alone, it can s ...
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Islamic Bank Of Thailand
The Islamic Bank of Thailand (iBank) ( th, ธนาคารอิสลามแห่งประเทศไทย, ) was established in 2002. The bank is 48.54 percent owned by the Thai Ministry of Finance, 39.81 percent by the Government Savings Bank, and 9.83 percent by Krung Thai Bank. The Ministry of Finance's direct shareholding in iBank is capped at 49 percent, but shareholdings by other state-owned banks mean that the government controls over 98 percent of iBank shares. iBank's Swift code is TIBTTHBK. The bank's fiscal year runs from 1 January to 31 December. iBank operates in accordance with the principles of Islamic Sharia law as practiced in Islamic banking and finance. It serves all customers regardless of religious affiliation. History The Islamic Bank is a state-owned enterprise and has 130 branches throughout the country (2015). It is set up under the Islamic Bank of Thailand Act 2002. It began operations in 2003. By the end of 2005 the bank had total of nin ...
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Industrial Estate Authority Of Thailand
The Industrial Estate Authority of Thailand (I-EA-T), ( th, การนิคมอุตสาหกรรมแห่งประเทศไทย) is a state enterprise under control of the Ministry of Industry of Thailand. It was established by the Declaration of the Revolutionary Council No. 339 in 1972. The responsibilities of the authority are to create and organize industrial estates, grouping together industrial facilities in a synergistic manner. The authority also has the responsibility of decentralization of industrial activity away from the capital to outlying provinces of Thailand. The authority is active in fields of environmental issues, workplace safety, land use, insurance, import and export management and promotion, and factory-related infrastructure development such as water supply, electricity distribution, telephony, shopping, housing, and road A road is a linear way for the conveyance of traffic that mostly has an improved surface for use by vehicles (m ...
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Government Pharmaceutical Organization
The Government Pharmaceutical Organization (GPO) ( th, องค์การเภสัชกรรม; ) is a Thai state enterprise which manufactures pharmaceutical products in Thailand. In 2011, the GPO netted a profit of 1.6 billion baht from the sale of pharmaceuticals and medical equipment. As of 2011, the GPO employed 2,812 persons. In 2016, the organization produced drugs at two government-owned factories. GPO makes and sells four categories of products: medicines; antiretrovirals; chemicals/test kits/natural products; and preventive medicines. Besides Thailand, it markets its products in Nigeria, Ghana, Bhutan, Somalia, Myanmar, Sri Lanka, Malaysia, Cambodia, and Vietnam. The GPO gives Thailand significant leverage in its price negotiations with foreign drug suppliers. , GPO's chairman is Dr Sopon Mekthon, who took over from Dr Nopporn Cheanklin. Missions GPO's mission statement contains four objectives. One of them is to "To maintain price level of pharmaceutical p ...
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GH Bank
GH Bank or Government Housing Bank ( th, ธนาคารอาคารสงเคราะห์; , Thai initialism ธอส. ''tho-oso'') is a state enterprise reporting to the Thai Finance Ministry. Founded in 1953, its mission is to extend mortgages to low-income earners. History On 9 January 1953, King Bhumibol Adulyadej approved the ''Government Housing Bank Act , B.E. 2496''. The act was published in the ''Government Gazette'' on 29 January 1953. The act established a government housing bank as a specialized financial institution. The bank opened for business on 24 September 1953, which is considered the date of its founding. On the occasion of the 40th anniversary year in 1993, the bank changed its logo to a stylised image of "two hands embracing a house". The GH Bank website became operational the same year. Operations GH Bank is Thailand's largest mortgage lender. , it has 1.3 trillion baht The baht (; th, บาท, ; sign: ฿; code: THB) is the official ...
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Forest Industry Organization
A forest is an area of land dominated by trees. Hundreds of definitions of forest are used throughout the world, incorporating factors such as tree density, tree height, land use, legal standing, and ecological function. The United Nations' Food and Agriculture Organization (FAO) defines a forest as, "Land spanning more than 0.5 hectares with trees higher than 5 meters and a canopy cover of more than 10 percent, or trees able to reach these thresholds ''in situ''. It does not include land that is predominantly under agricultural or urban use." Using this definition, '' Global Forest Resources Assessment 2020'' (FRA 2020) found that forests covered , or approximately 31 percent of the world's land area in 2020. Forests are the predominant terrestrial ecosystem of Earth, and are found around the globe. More than half of the world's forests are found in only five countries (Brazil, Canada, China, Russia, and the United States). The largest share of forests (45 percent) are in th ...
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