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Thai Airways International's recovery plan is expected to be handed over to Finance Minister Korn Chatikavanij in the next couple of weeks, with no plea for financial assistance.

Areepong Phoocha-oom, director-general of the State Enterprise Policy Office, said THAI will not ask for financial assistance or any guarantee from the ministry. The national carrier, however, is negotiating with banks to roll over its debt obligations, he said.

The company is expected to gain more passengers after it started operating solely out of Suvarnabhumi Airport, due to more convenience to travellers, he said. A partial recovery of the tourist industry had also benefited the carrier, he said.

The national carrier is currently scheduled to hold a roadshow for its creditors in order to get more finance and improve its liquidity.

THAI, this year, has also signed up to participate in State Enterprise Performance Appraisal (Sepa) initiated in 2007.

Areepong said Sepa will help state enterprises increase their productivity and provide better services to customers. It will ensure the continuity of best practices through change of CEO or board of directors.

Sepa has a reference to Malcolm National Quality Award in the United States, which has been adopted by 70 countries, he said.

Areepong said that several local state enterprises are not clear about their goals and direction.

The Sepa would guide them in having a clear mission, strategy and customer orientation, he said.

Singapore government's agencies have been praised for succeeding in adopting the performance appraisal system, resulting in excellent services to its citizens, said Areepong.

He said all 58 state enterprises will participate in the scheme by 2013.

State enterprises have combined assets worth Bt6.86 trillion and account for annual transfers of Bt100 billion to government coffers.

George Madhavan, director of Singapore's National Water Agency, said that learning and innovation are among key factors for successful running of state enterprises.