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Posted: 18 Dec 2009 | 7:15 am
After numerous attempts by the Government to salvage the failed Thailand Elite Card, Finance Minister Korn has announced Government approval for the program sale. Reportedly the process will take 30 days and expectations to transact over THB 2 billion.
Local and foreign investment firms have been invited to bid, despite the company which has operated at a loss since 2003. For those who have already purchased membership, spokesmen have clarified that privileges will be ongoing and not withdrawn. In the case of a unsuccessful bid process the company will revert to TAT (Tourism Authority of Thailand).
A column featuring environmental issues and conservation around the island. Click here for more Green Reports check out the latest story from the leading experts:
A recent Channel News Asia television segment Boomtown Asia checked into the island's environmental, and sustainable tourism sectors.
The innovative Evening Breeze environmental cooling system is gaining global attention in the resort markets and villas.
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