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NEW UPDATES Asean Affairs   8 May 2014  

Garuda to sell 40% of Citilink shares

National flag carrier Garuda Indonesia president director Emirsyah Satar says that the airline aims to sell 40 percent of its shares in its low cost carrier subsidiary Citilink in the near future.

Emirsyah said that there were two credible investors that had shown interest to purchasing Citilink's shares.

He refused to provide further details regarding the potential investors.

“Our advisers are still discussing the price of the shares,” he said at State Owned Enterprises Ministry office in Central Jakarta on Wednesday morning as quoted by (nfo)

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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