Monday, August 9, 2010

Thaicom Satellite

The news about the Thai government starts its plan to buy back Thaicom satellite from Singapore was the hot issue a couple of months ago.

People thought that by sending Finance Minister Korn Chatikavanij to meet with Temasek executives the government was really serious about it. However, the issue has just disappeared few weeks later.

The question now is whether or not the government can afford to pay the price, or whether it has the funds available to realize this plan.

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