Elite card thrown one more lifeline | Bangkok Post: business

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Elite card thrown one more lifeline

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The government will be asked to allow trouble-ridden Thailand Privilege Card Co (TPC) to invest in related businesses or form a joint venture with other companies in a new move to enable it to stay afloat. 

A source from Government House said the Tourism and Sports Ministry will soon submit the request to the economic steering committee chaired by Deputy Prime Minister Kittiratt Na-Ranong for consideration.

``The TPC should be allowed to become more flexible in carrying out its business and services,'' the source said.

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