Statement by Thaicom on the Thai Cabinet Resolutions

Event Calendar Press Releases Tuesday February 26, 2019 11:53
Bangkok--26 Feb--Thaicom
Statement by Anant Kaewruamvongs, CEO Thaicom, on the Thai Cabinet Resolutions from 29/01/2019 regarding Public-Private Partnership (PPP) and Extension of Service Life of Thaicom-5
On the Thai cabinet's decision to restructure the country's satellite management regime and pursue a public-private partnership (PPP) model:
  • We welcome the Thai Government's approval for the country's satellite management after the end of the concession in 2021, thus in principle pursuing a public-private partnership (PPP) model for the Thai satellite industry moving forward.
  • We wish to engage in a constructive cooperation with the Thai Government to enhance national security by joining the public-private partnership (PPP) model. We are pleased to be able to contribute our extensive know-how and experience as one of Asia's leading satellite operators to support and develop the future satellite industry of Thailand.
  • We are open to discuss various forms of project collaboration to enhance public-private partnership. We look forward to a successful partnership with the Thai Government and to working together in a constructive manner for the benefit of the nation and the whole region.
On the Thai cabinet's approval to extend the service life of Thaicom-5:
  • We would like to thank the Thai Government for its prudent decision to approve the reutilization of the Thaicom-5 satellite.
  • We will utilize space drone technology to extend the service life of Thaicom-5. We plan to extend the service life of other satellites in our fleet as well—such as Thaicom-4 (IPSTAR) — subject to public-private partnership outcome.
  • We believe the Thai Cabinet's recent approval of the satellite life extension will boost market confidence and guarantee service continuity beyond the end of the satellite concession in 2021.
We believe the decision made will help build trust among our customers and emphasizes Thailand's long-term commitment to her partners.

Latest Press Release

The 1 offers exclusive 1 to 1 privileges to members at Bangchak Service Stations, giving up to 1 point for every liter filled

Mr. Kamol Tananitaporn, Head of Strategic Partnership (3rd from left) and Mr. Dittaphand Chirathivat, Business Development Senior Manager (2nd from left) from The 1 CENTRAL Limited, are joined by Mr. Somchai Tejavanija (4th from left) Senior Executive...

AXA Insurance Thailand Recognizes Its Top Sales Agents and Brokers in 2018

AXA Insurance PCL recently recognizes its top sales agents and brokers at 2019 AXA Annual Award Ceremony on March 29, 2019 at Renaissance Bangkok Ratchaprasong Hotel. The annual ceremony was presided over by Mr. Claude Seigne, Chief Executive Officer,...

SeaBOS members making a vows to strengthen seafood sustainability

Top seafood companies, including Charoen Pokphand Foods (CP Foods), have pledged to align and synergize sustainability standard, particularly IUU related, allowing more quality, efficiency, and affordability of seafood traceability worldwide. At Seafood...

Experiential Action Learning Module Gives ASB Graduates the Cutting Edge

Graduates of Asia School of Business (ASB), a global business school founded by Bank Negara Malaysia and the MIT Sloan School of Management in the United States, are in high demand, with many receiving job offers well before their convocation. As the...

CCL Names Elisa Mallis as New Managing Director and Vice President, Asia-Pacific

Elisa Mallis, a highly experienced leader in the executive education and human capital strategy sectors globally, is the new Managing Director and Vice President, Asia-Pacific at the Center for Creative Leadership (CCL(R)), a top-ranked provider of...

Related Topics