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BUSINESS

THAI's profits take Q1 nosedive

News, Thodsapol Hongtong, Published on 17/05/2019

» Thai Airways International Plc (THAI) has blamed the appreciation of the baht, the US-China trade war and the closure of Pakistani airspace for a 83% dive in its year-on-year first-quarter profits.

BUSINESS

CP's airport link terms 'not set in stone'

News, Thodsapol Hongtong, Published on 15/05/2019

» The 50-year contract for the rail development linking three major airports has kept the door open for amendment requests by the concessionaire, according to the State Railway of Thailand (SRT).

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BUSINESS

THAI Smile hopes restructuring will close yawning losses

Thodsapol Hongtong, Published on 08/05/2019

» THAI Smile Airways' chairman of the board is confident the airline's performance will improve after a restructuring plan aimed at cutting costs and boosting efficiency.

BUSINESS

City Hall delays skytrain bid

News, Thodsapol Hongtong, Published on 19/04/2019

» City Hall has decided to postpone the bidding process to select a private partner to jointly invest in the 25.6-billion-baht North-South extensions of the skytrain's Green Line, as it tries to seal a deal with Bangkok Mass Transit System Plc (BTS).

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BUSINESS

Govt mulls city transit splurge

News, Thodsapol Hongtong, Published on 08/04/2019

» The Japan International Cooperation Agency (Jica) has proposed Thailand invest in the construction of three mass transit routes worth 100 billion baht to ease congestion and accommodate growth in and around Bangkok.

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BUSINESS

Nok Air cash flow, debt alarms CAAT

News, Thodsapol Hongtong, Published on 04/04/2019

» The Transport Ministry is keeping a close eye on troubled budget carrier Nok Air after a "worrying" sign on its balance sheet was detected, according to the Civil Aviation Authority of Thailand (CAAT).

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BUSINESS

AoT decides to split bid of duty-free retail shops

News, Thodsapol Hongtong, Published on 30/03/2019

» The Airports of Thailand Plc (AoT) has decided to split the bidding of duty-free shops at Suvarnabhumi and three airports in the provinces into two contracts to end concerns about a monopoly.

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BUSINESS

Train assembly hub of Asean now a coveted title

News, Thodsapol Hongtong, Published on 29/03/2019

» The Transport Ministry has set out an ambitious plan to turn Thailand into the train assembly hub of Asean.

BUSINESS

Airport rail decision due on March 19

News, Thodsapol Hongtong, Published on 09/03/2019

» Talks between the State Railway of Thailand (SRT) and Charoen Pokphand Group (CP Group) on March 19 will decide whether the consortium will develop a high-speed rail project linking three major airports, Deputy Transport Minister Pailin Chuchottaworn said.