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THAILAND

Electric trains may seek PPP

Business, Pawee Sirimai, Published on 04/11/2017

» The Purple Line's southern section and the Orange Line are expected to seek Public-Private Partnership (PPP) committee approval next year, says the head of the State Enterprise Policy Office (Sepo).

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THAILAND

Two options for shopping tax break

Business, Pawee Sirimai, Published on 07/11/2017

» The tax break on year-end shopping is set to go before the cabinet today, but there are two options for implementation -- running for one month with immediate effect or two weeks but coming into effect later, says an informed source at the Finance Ministry.

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THAILAND

Card usage dips as nation mourns King

Business, Pawee Sirimai, Published on 23/06/2017

» Visa expects to see spending growth curtailed this fiscal year as consumers have been reluctant to open their wallets during the mourning period that followed the late King's passing in October.

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THAILAND

Bank of Thailand chief: No trace of a bubble

Business, Pawee Sirimai, Published on 02/06/2017

» There are no signs of dramatic growth in borrowing for property speculation activities, while banks have been better at managing risks associated with project financing, says Bank of Thailand governor Veerathai Santiprabhob.

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THAILAND

Official: Baht surge fits fundamentals

Business, Pawee Sirimai, Published on 21/03/2017

» The strengthening baht is in line with the economy's fundamentals and no intervention by the central bank is needed, says a high-ranking finance official.

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THAILAND

Thai economy set to hold steady

Business, Pawee Sirimai, Published on 04/01/2017

» The Thai economy looks poised for modest growth in 2017 as domestic strengths are expected to cushion larger downside risks from external headwinds, the central bank and economists say.

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THAILAND

Central bank to file criminal charges against 'low-interest' fund

Business, Pawee Sirimai, Published on 11/10/2016

» The Bank of Thailand will file a complaint with the police against a false claim in an advertisement that a foreign fund used to finance Wiang Fah Kranuan community enterprise's low interest rate loan scheme has won the central bank's approval.

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THAILAND

MEA to bury 127km of power lines by 2020

Business, Pawee Sirimai, Published on 02/08/2016

» The Metropolitan Electricity Authority (MEA) says it will continue putting power lines underground, expecting to bury another 127 kilometres by 2020.

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THAILAND

Thailand risks facing serious LNG shortage

Business, Pawee Sirimai, Published on 23/06/2016

» Thailand is at risk of being short of 6,300 megawatts of electricity in 2021 due to the possible disruption of up to 9 million tonnes of liquefied natural gas (LNG) stemming from the lack of further investment in the Erawan and Bongkot gas fields.

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THAILAND

BTS Group buys 46 trains for B11bn

Business, Pawee Sirimai, Published on 24/05/2016

» Bangkok Mass Transit System Plc (BTSC), a subsidiary of BTS Group Holding Plc, which runs the skytrain in Bangkok, has signed a contract to buy 46 new trains worth 11 billion baht from Siemens AG and CRRC Changchun Railway Vehicles, says BTS Group chairman Keeree Kanjanapas.