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	THAI Smile will be owned 100 per cent by THAI and registered with the capital of Bt1.8 billion.</div>
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	Though being a state enterprise, THAI Smile will not be regulated by the laws like other state enterprises. Government agencies involved in the aviation industry are also instructed to facilitate the new company&#39;s applications for business licenses.</div>
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	THAI Smile started operation last year as a business unit of THAI, operating budget flight services.&nbsp;</div>
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THAI Smile spin-off approved

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IMF economist warns on October 12 of financial repression risks to savers

<p style="margin-bottom:11px"><span style="font-size:11pt"><span style="line-height:107%"><span style="font-family:Calibri,sans-serif"><span style="font-size:18.0pt"><span style="line-height:107%">Nongluck is a senior economic journalist covering the macroeconomics, real estate, and corporate investment strategies driving growth across Thailand and Southeast Asia</span></span><span lang="TH" style="font-size:18.0pt"><span style="line-height:107%"><span style="font-family:&quot;Angsana New&quot;,serif">.</span></span></span></span></span></span></p>

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<p>Nuttapakron is a Rewriter for Nation Group. He focuses on factual precision and clarity, striving to present updates that are both trustworthy and highly readable.&nbsp;</p>

THAI Smile spin-off approved

Thai Airways International has won the Cabinet's approval to spin off THAI Smile as a new wholly-owned subsidiary.

IMF economist warns on October 12 of financial repression risks to savers

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