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Search Result for “public debt”

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THAILAND

BMTA to review debt plan

News, Amornrat Mahitthirook, Published on 07/05/2017

» The Bangkok Mass Transit Authority (BMTA) is required to review its rehabilitation plan following the delay in the procurement of 489 natural gas vehicle (NGV) buses, said a senior transport officer.

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THAILAND

SRT in a new bid to tackle money woes

News, Amornrat Mahitthirook, Published on 23/01/2017

» Debt-ridden State Railway of Thailand (SRT) will set up three subsidiary companies to tackle its financial woes by capitalising on its vast tracts of land, rerouting train routes and streamlining maintenance work.

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THAILAND

Makkasan land deal derails

News, Amornrat Mahitthirook, Published on 02/12/2016

» The Finance Ministry has backed away from developing the 500-rai Makkasan plot owned by the State Railway of Thailand (SRT) under a debt-for-land deal with the rail agency.

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THAILAND

Somkid tells SRT to set up land development unit

News, Amornrat Mahitthirook, Published on 30/09/2016

» Deputy Prime Minister Somkid Jatusripitak has ordered the debt-ridden State Railway of Thailand (SRT) to set up a special unit to manage commercial development of its land plots worth 600 billion baht to shore up its revenues.

THAILAND

SRT to tout city land to investors

News, Amornrat Mahitthirook, Published on 02/05/2016

» The State Railway of Thailand (SRT) aims to develop its two key pieces of land for commercial purposes to prop up its revenues.

THAILAND

SRT gets nod to manage red line after review

News, Amornrat Mahitthirook, Published on 06/03/2016

» The Transport Ministry has backed the State Railway of Thailand’s plan to manage the operations of the Red Line electric rail route linking Bang Sue with Rangsit.

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THAILAND

SRT moves up train depot timetable

Amornrat Mahitthirook, Published on 20/01/2016

» The State Railway of Thailand (SRT) will speed up the relocation of its Makkasan, Bangkok depot to several other provinces and hand over the huge plot of land to the Treasury Department in order to clear its crippling debt burden.

THAILAND

Investors sought for 19 state projects

News, Amornrat Mahitthirook, Published on 19/10/2015

» The government is inviting both local and foreign investors to take part in 19 public infrastructure investment projects worth more than 1.7 trillion baht, a source said.

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THAILAND

Govt to lure transport funds

News, Amornrat Mahitthirook, Published on 10/09/2015

» Deputy Prime Minister Somkid Jatusripitak is urging the Transport Ministry to draw more private companies into investing in its multi-billion-baht projects to help the government relieve its debt burden.

THAILAND

BMA tackles Green Line costs

News, Amornrat Mahitthirook, Published on 06/08/2015

» The Transport Ministry aims to finalise a deal with the Bangkok Metropolitan Administration (BMA) next week to build the Green Line extension and come up with total costs for the project by the end of the year.