Sita steps down as AOT head after 16 months

Economy June 07, 2014 00:00

By The Nation

3,414 Viewed

Sita Divari yesterday resigned from his post as chairman of Airports of Thailand's board of directors.

Sita was appointed chairman of AOT in February last year. 
   The squadron leader, who was an MP for Bangkok, holds a bachelor of science degree from the Royal Thai Air Force Academy and completed a Senior Executive Programme at the Capital Market Academy.
Board reform of tax structure on the way  
The Finance Ministry is gearing up for tax reform, with proposals set to be submitted to the National Council for Peace and Order (NCPO) within one month. 
Somchai Sajjapong, director-general of the Fiscal Policy Office, said yesterday that tax-collection units and other related agencies had been discussing reform, which would include the entire tax structure. 
   This round of reform would differ from previous ones, in which only some structures were changed, and the efficiency of tax collection would also be tackled this time, he said. Increases and cuts in tax rates will be undertaken with regard to fairness for all taxpayers.
PTT seeks staff help in restoring image
PTT management has sought cooperation from staff to provide society with the truth about the group in response to allegations on social networks about its purported monopolistic and questionable business practices, Pittiphan Theppatimakorn, vice president for human resources, said yesterday.
   He said the allegations, if unanswered, could result in a future drop in the number of people wanting to apply for jobs at PTT, which made it an urgent matter for the company to tackle.
   PTT has 4,400 employees and has recruited between 100 and 200 new staff each year to serve its fast-growing organisation and overseas expansion plans. 
Picnic holders nod to World Gas merger
Shareholders of Picnic Corp have approved a merger with World Gas (Thailand), which is set to be completed in October, and will be relisted in the Stock Exchange of Thailand within the first quarter of next year.
   Chairman Chulchit Bunyaketu said after a shareholders’ meeting yesterday that after the merger, the new company would continue Picnic’s existing business of liquefied-petroleum-gas (LPG) distribution, and there would be no change in business structure – nor was there any plan to raise capital.
   Ronnasit Poomma, director and acting managing director of Picnic, said the company was currently discussing with the board committee a change in the name of the business, as well as the establishment of a new board for the merged company.
 However, no details could yet be revealed.