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BUSINESS

China seals track-upgrade deal

News, Thodsapol Hongtong, Published on 28/12/2019

» The State Railway of Thailand (SRT) on Friday signed a contract with China Railway Signal and Communication (CRSC) to supply train signalling and communications equipment worth 6.25 billion baht for the 421-kilometre Nakhon Pathom-Chumphon double-track rail upgrade project.

BUSINESS

Exat to call bids for new route

News, Thodsapol Hongtong, Published on 25/12/2019

» The Expressway Authority of Thailand plans to call tenders next year for the construction of a new east-west expressway, stretching 11.3 kilometres from Kasetsart intersection to Bangkok's eastern ring road.

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BUSINESS

King Power awarded Don Mueang airport duty-free concession

Thodsapol Hongtong, Published on 24/12/2019

» The board of Airports of Thailand Plc has awarded a 10.5-year duty-free concession at Don Mueang airport to King Power Duty Free Co, which offered a yearly 1.5-billion-baht minimum return, AoT president Nitinai Sirismatthakarn announced on Tuesday.

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BUSINESS

BEM settlement plan goes to cabinet

News, Thodsapol Hongtong, Published on 24/12/2019

» Transport Minister Saksayam Chidchob will on Tuesday ask the cabinet to approve a plan to grant Bangkok Expressway and Metro Plc (BEM) a 15-year contract extension in order to avoid paying the firm more than 4 billion baht in compensation.

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BUSINESS

Thai-Sino rail talks 'already concluded'

News, Thodsapol Hongtong, Published on 24/12/2019

» The State Railway of Thailand (SRT) insists that postponing the signing of "Contract 2.3" for the Bangkok-Nakhon Ratchasima high-speed railway for another six months will not result in further delays, now that Thailand and China have ironed out their differences.

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BUSINESS

2 new carriers set for takeoff

News, Thodsapol Hongtong, Published on 24/12/2019

» Thailand's aviation industry is set to welcome two new low-cost carriers next year, according to the Civil Aviation Authority of Thailand (CAAT) on Monday.

BUSINESS

Govt loans B8.5bn for regional roads

News, Thodsapol Hongtong, Published on 23/12/2019

» Thailand plans to grant 8.5-billion-baht in loans next year to Myanmar, Laos and Cambodia to build four new transnational roads under the Asean Connectivity initiative.

BUSINESS

Minister seeks 6-month delay to iron out Thai-China rail deal

News, Thodsapol Hongtong, Published on 21/12/2019

» Transport Minister Saksayam Chidchob will ask Prime Minister Prayut Chan-o-cha to postpone the signing of the long delayed "Contract 2.3" for the Bangkok-Nakhon Ratchasima high-speed railway for another six months.

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BUSINESS

Groups seek to force AoT into T2 talks

News, Thodsapol Hongtong, Published on 20/12/2019

» Transport Minister Saksayam Chidchob is being urged to have Airports of Thailand (AoT) hold discussions with professional associations that are fighting against the controversial plan to build a 42-billion-baht second terminal at Suvarnabhumi airport.

BUSINESS

MRTA set to splurge on electric rail, new tollways

News, Thodsapol Hongtong, Published on 16/12/2019

» The government is committed to spend about 640 billion baht next year on major public transport projects, including new electric rail routes in Bangkok, Phuket, Chiang Mai and Nakhon Ratchasima, says the Mass Rapid Transit Authority of Thailand (MRTA).