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BUSINESS

Labour union in uproar over Exat's bid to escape BEM lawsuits

News, Thodsapol Hongtong, Published on 26/05/2019

» The Expressway Authority of Thailand (Exat) labour union will ask the cabinet to delay its consideration of the Exat board's decision to extend concessions to Bangkok Expressway and Metro Plc (BEM) for over 30 years.

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BUSINESS

Future of mega-seaport uncertain

News, Thodsapol Hongtong, Published on 18/05/2019

» There is a possibility that the contract for Laem Chabang seaport's third-phase development scheme will not be signed under the current administration, according to the Port Authority of Thailand (PAT).

THAILAND

SRT calls for clarity on Hopewell Co

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

» The State Railway of Thailand (SRT) wants the Office of the Attorney-General (OAG) to spell out legal steps which it and the Transport Ministry have to follow in paying compensation to Hopewell (Thailand) Co over the scrapping of a transport project about 20 years ago.

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BUSINESS

Exat offers BEM debt swap deal

News, Thodsapol Hongtong, Published on 16/05/2019

» The Expressway Authority of Thailand (Exat) is planning to give the Bangkok Expressway and Metro Plc (BEM) the right to operate three expressways for 30 more years, to avoid paying a court-ordered 4.3-billion-baht compensation for contractual violations.

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THAILAND

Exat to push N2 expressway plan

News, Thodsapol Hongtong, Published on 02/05/2019

» The cabinet will be asked to approve a section of the northern expressway project between Kasetsart Intersection to Nawamin Road that has been delayed due to opposition from Kasetsart University, which raised concerns about the impact of the structure on its campus buildings.

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THAILAND

Govt maps out Hopewell compensation

News, Thodsapol Hongtong, Published on 01/05/2019

» The Transport Ministry has come up with a five-point plan to deal with last week's court ruling ordering it and the State Railway of Thailand (SRT) to pay 11.88 billion baht, plus interest, in compensation to Hopewell (Thailand) Co over an urban train project cancelled two decades ago.

THAILAND

New Exat chief takes the reins

News, Thodsapol Hongtong, Published on 01/05/2019

» The Expressway Authority of Thailand (Exat) board has appointed Sutthisak Wanthanawijit as its new governor, replacing Suchart Chonsakpipat who was transferred to the Prime Minister's Office last week.

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THAILAND

Hopewell payout floors SRT

News, Thodsapol Hongtong, Published on 24/04/2019

» The loss-ridden State Railway of Thailand (SRT) is counting on the government's help to settle the 11.88 billion baht in compensation it has been ordered to pay Hopewell over the cancellation of a large-scale transport project two decades ago.

THAILAND

Bestlin to move NGV buses for depot work

News, Thodsapol Hongtong, Published on 07/03/2018

» Bestlin Group is set to move 83 natural gas vehicle (NGV) buses parked inside the Mass Rapid Transit Authority of Thailand's (MRTA) maintenance centre this week, to make way for the construction of the new MRT Orange Line's maintenance depot.

THAILAND

Yellow Line study to be final in April

News, Thodsapol Hongtong, Published on 16/12/2017

» An environmental impact assessment of a 2.6km extended section of the Yellow Line is expected to be completed by April.