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BUSINESS

Rail network development a summit priority

News, Thodsapol Hongtong, Published on 30/10/2019

» Proposals to improve Asean's rail system and rail connectivity to meet international standards will be discussed at this weekend's Asean Summit, State Railway of Thailand (SRT) acting governor Worawut Mala said on Tuesday.

BUSINESS

New legal bid to stop Hopewell payout

News, Thodsapol Hongtong, Published on 28/10/2019

» The Transport Ministry is confident the evidence it submitted which highlighted 20 irregularities in a railway project that was scrapped two decades ago will spare it from having to pay the hefty compensation to Hopewell as ordered by the Supreme Court.

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BUSINESS

CP inks 3-airport contract

News, Thodsapol Hongtong, Published on 25/10/2019

» A Charoen Pokphand Group-led consortium signed a contract with the State Railway of Thailand (SRT) on Thursday to build the high-speed train route linking three major airports, which is expected to boost economic development and create more than 100,000 jobs.

BUSINESS

THAI at crisis point, admits Sumeth

News, Thodsapol Hongtong, Published on 23/10/2019

» Thai Airways International's (THAI) president Sumeth Damrongchaitham yesterday called for cooperation among staff while admitting the national carrier is in crisis and at risk of closure.

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BUSINESS

Thai Airways at crisis point, president says

Thodsapol Hongtong, Published on 22/10/2019

» Thai Airways International (THAI) president Sumeth Damrongchaitham said on Tuesday that staff must cooperate with the airline's rehabilitation efforts because it is in a crisis and faces possible closure.

BUSINESS

Hopewell agrees to talk after legal threat

News, Thodsapol Hongtong, Published on 19/10/2019

» The Transport Ministry on Friday decided not to ask the Administrative Court to investigate shareholdings in the Hong Kong-based Hopewell after the company made a last-minute offer to negotiate hefty financial compensation owed by the Thai government.

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BUSINESS

Ministry seeks reversal of compensation to Hopewell

News, Thodsapol Hongtong, Published on 16/10/2019

» The Transport Ministry is seeking to reverse the Supreme Administrative Court's ruling ordering it and the State Railway of Thailand (SRT) to pay hefty financial compensation to Hopewell (Thailand) Co.

BUSINESS

Thai Airways eyes passenger growth

News, Thodsapol Hongtong, Published on 14/10/2019

» Financially struggling Thai Airways is eyeing 8% in passenger growth by year's end as it plans to launch new routes.

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BUSINESS

Rail consortium 'set to ink deal'

News, Thodsapol Hongtong, Published on 12/10/2019

» The Charoen Pokphand (CP)-led consortium will sign the contract to build a 224-billion-baht high-speed railway linking three airports on Oct 25, a source at the Transport Ministry said on Friday.

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BUSINESS

THAI told to revamp rehab plan

News, Thodsapol Hongtong, Published on 11/10/2019

» Deputy Transport Minister Thaworn Senneam has ordered loss-ridden national flag carrier Thai Airways International (THAI) to overhaul its financial rehabilitation plan and draw up a new business plan within 30 days.