Showing 1 - 10 of 15
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.
Saksayam seeks timely construction of ring road
News, Thodsapol Hongtong, Published on 06/12/2019
» Transport Minister Saksayam Chidchob has ordered the Expressway Authority of Thailand (Exat) to ensure that construction of the Rama III Expressway-Dao Khanong Western Outer Ring Road proceeds on time to minimise traffic congestion.
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.
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.
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.
Rail body seeks cut in B37bn payout bill
News, Thodsapol Hongtong, Published on 10/10/2019
» The State Railway of Thailand (SRT) will pay the entire 11.88 billion baht in compensation to Hopewell Holdings, as ordered by the Supreme Administrative Court, but will negotiate for a reduction in the interest payment, Transport Minister Saksayam Chidchob said on Wednesday.
New Laem Chabang seaport contract to be signed by next month
News, Thodsapol Hongtong, Published on 08/09/2019
» A contract for the third phase of the Laem Chabang seaport is expected to be signed by next month if a legal dispute pending in the Administrative Court is cleared in time, said Deputy Transport Minister Atirat Ratanasate.
SRT to open locomotive bids on Oct 16
News, Thodsapol Hongtong, Published on 06/09/2019
» The tender to procure 50 diesel-electric locomotives worth 6.5 billion baht will be opened on Oct 16, a source in the State Railways of Thailand (SRT) said on Thursday.
Rain check for new Expressway Authority of Thailand deal
News, Thodsapol Hongtong, Published on 03/07/2019
» The Transport Ministry has put on hold a proposal for the Expressway Authority of Thailand (Exat) to offer a 30-year contract extension to Bangkok Expressway and Metro Plc (BEM).
Critics slam expressway debt-swap
News, Thodsapol Hongtong, Published on 02/07/2019
» Opposition is intensifying to the Expressway Authority of Thailand (Exat) board's decision to grant Bangkok Expressway and Metro Plc (BEM) the right to operate three expressways for 30 more years in a bid to clear its debts to the company.