Home > Business > Time to put the national railway on right…
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- Home > Business > Time to put the national railway on right…
- EDC Gold’s Newest Jewel EDC Diamond Brings Positive Change for Home…
- Home > Business > PTTAR gets an upgrade from Moody’s
Home > Business > Time to put the national railway on right…
Nation Multimedia – Dec 28, 2007
The SRT has 18000 staff 10000 of whom are part of its central administration. It needs 2000 drivers 1872 traffic staff and 3500 maintenance and repair staff. Fourth the law that requires the government to compensate the agency's annual loss has discouraged management and staff from excelling in their work and improving their performance. Such an attitude has affected service and made the SRT less popular among consumers. It has recorded consecutive losses since 1974 and it is estimated that the government has spent Bt58 billion subsidising those losses excluding the budget allocated for other SRT projects. Fifth the SRT has an inefficient structure. It has land totalling 233858 rai but the 38604 rai not related to the rail network generates income of only Bt900 million considered very low… Thirdly the organisation suffers from inefficiency. Its overheads are increased by ineffective management duplication of work and a lack of accountability. The SRT has 18000 staff 10000 of whom are part of its central administration. It needs 2000 drivers 1872 traffic staff and 3500 maintenance and repair staff. Fourth the law that requires the government to compensate the agency's annual loss has discouraged management and staff from excelling in their work and improving their performance. Such an attitude has affected service and made the SRT less popular among consumers. It has recorded consecutive losses since 1974 and it is estimated that the government has spent Bt58 billion subsidising those losses excluding the budget allocated for other SRT projects.
EDC Gold’s Newest Jewel EDC Diamond Brings Positive Change for Home…
WebWire – WebWire (press release) – Dec 28, 2007
learn2earnfromhome. net) discusses EDC Diamond the home business industry’s newest program and its potential effects on the home business industry in 2008. For the past 6 years the popularity of home business has been on the rise spawning hundreds of programs designed to help everyday working-class individuals develop income-earning opportunities from home. However there is a common flaw that can be found throughout many of these programs – lack of proper training for those who have little experience with self-employment telecommuting or home business. perating any job or business from home requires certain skills and characteristics such as strong self-motivation and an understanding of Internet operations like marketing and communication. These skills can be learned and strengthened so long as there is proper support and training provided for the individual. Fortunately for the home business industry there is a brand new program which will help individuals of any experience level master these very skills and much more called EDC Diamond.
Home > Business > PTTAR gets an upgrade from Moody’s
Nation Multimedia – Dec 28, 2007
The outlook on the ratings is stable. "The rating upgrade recognises that the merger of Aromatics and Rayong Refinery has created a company with a stronger credit profile" says Moody senior vice president Tony Tsai. "PTTAR's business profile is further supported by its enhanced vertical integration achieved through its ownership of a substantial and efficient oil refinery. " The merger also provides PTTAR with better product and earnings diversity particularly given the strength of the refining sector overall. Such diversity should lessen the volatility that had characterised Aromatics' standalone earnings in recent years he says. Furthermore the merger leads to a stronger financial profile for PTTAR with debt to Ebitda (earnings before interest tax depreciation and amortisation) of around 1… 5 times on a sustainable basis. 5 times on a consistent basis. This outcome could be a result of: a material downturn in the petrochemicals and refining industry or the company undertakes further aggressive debt-funded cap-expenditure plans.
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