Sunday, February 18, 2007

ICT Ministry to announce measures for taking back satellite concession on Monday

The Nation, February 18, 2007

Information and Communications Minister Sitthichai Pookaiyaudom will Monday announce measures for taking back satellite concessions from Singapore's Temasek Holdings, he said Sunday.

After the announcement, he will submit the measurse to Prime Minister Surayud Chulanont to consider and choose.

He said the mesures would not affect the feelings of foreign investors and would not be seen a persecution against Singapore.

Sitthichai declined to accept the proposal of the Democrat Party to issue bond to raise fund to buy back the satellite concessions.

No comments: