THAI Signs MoU on Strategic Financial Support with ICBC (Thai) to Boost Chinese Passengers & eCommerce Business in Thailand and Strengthen Corporate Finance, Aircraft Leasing, Cash and FX Management Thai Airways International Public Company Limited (THAI) and the Industrial and Commercial Bank of China or ICBC (Thai) held a Memorandum of Understanding (MoU) signing ceremony on Strategic Corporate Finance Support in order to promote THAI to ICBC Chinese passengers using credit and debit cards in Thailand.
Furthermore THAI will join ICBC’s eCommerce platform “E Mall” which is expected to boost THAI’s eCommerce business in China. Mr. Sumeth Damrongchaitham, THAI President, and Dr. Zhigang Li, ICBC Chairman of the Board of Directors, signed the MoU on Strategic Financial Support with Mr. Nattapong Samitampaipisarn, THAI Executive Vice President, Finance & Accounting, and Mr. Yang Liu, ICBC Senior Executive Vice President, as witnesses of the MoU that was signed at THAI’s Head Office.
The cooperation between THAI and ICBC (Thai) is expected to help increase the spending volume of ICBC’s Chinese passengers traveling into Thailand. THAI, the national flag carrier, welcomes Chinese passengers visiting Thailand with touches of Thai throughout all aspects of airline service. THAI operates roundtrip services to six destinations in China: Beijing, Shanghai, Kunming, Guangzhou, Xiamen, and Chengdu. THAI Smile, THAI’s subsidiary, operates roundtrip services to three destinations in China: Chongqing, Changsha, and Zhengzhou.
