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Search Result for “bts”

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OPINION

When times get tough, Thais party

News, Chartchai Parasuk, Published on 07/09/2023

» Today's article is far from being sarcastic towards or mocking Thais. On the contrary, it explains the current weakness of the economy and, more importantly, the serious implications for the effectiveness of the government's economic stimulus packages. So, this article is recommended reading for the new economic team.

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OPINION

BMA sorely needs financial advisers

Oped, Chartchai Parasuk, Published on 22/09/2022

» On Sept 7, 2022, the Central Administrative Court ordered the Bangkok Metropolitan Authority (BMA) and its wholly owned subsidiary Krungthep Thanakom (KT) to pay Bangkok Mass Transit System Public Company (BTS) back overdue Operating and Maintenance (O&M) fees on extensions 1 and 2 of the Green Line (Sky Train) in the amount of 11.75 billion baht within 180 days.

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OPINION

City Hall needs a much larger budget

News, Chartchai Parasuk, Published on 30/06/2022

» This article is a welcome gift to Bangkok's new governor, Chadchart Sittipunt.

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OPINION

The creaking burden of infrastructure

News, Chartchai Parasuk, Published on 11/04/2019

» In my opinion, Thailand has invested too much on the wrong types of infrastructure, namely the rail mass transit system and high-speed train system. These systems, despite their usefulness, are far from being cost-effective and certainly are not affordable. The financial burden of having these systems not only involves the cost of building infrastructure, but the operating expenses as well.