CABINET NOD TO CIVIL AVIATION DEPT REVAMP
Play
The Cabinet has given the green light for restructuring the Civil Aviation Department into two new organisations - the National Civil Aviation Institute and the Airport Department.
Transport Minister Prajin Juntong said yesterday that the restructuring would be complete by next month.
The institute would act as an independent regulator while the department would manage provincial airports. The decision was made in line with the absolute power provided by Article 44 of the provisional constitution and used by Prime Minister Prayut Chan-o-cha as chief of the National Council for Peace and Order to expedite the restructuring of the Civil Aviation Department.
The move was aimed at improving the department’s management after its failure to meet international aviation standards led to a ban on Thai chartered flights by Japan, Prajin said.
TCG TO BOOST SME LOANS
Thai Credit Guarantee Corporation has invited executives and credit officers from 22 banks to increase confidence of banks in credit guarantees, after the TCG’s plan to help SMEs access bank loans.
Nakhon Ratchasima, Bangkok, Ayutthaya and Surat Thani will pilot the project. “We selected Nakhon Ratchasima as the first province because it has a healthy economy,” Kriengkrai Chaisiriwongsuk, vice president in the marketing and product development department, said.
