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Search Result for “Contractor”

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BUSINESS

Rules changes to speed up state agency spending

Business, Wichit Chantanusornsiri, Published on 01/11/2025

» The Comptroller-General's Department has reformed budget disbursement processes to expedite the injection of more than 4 trillion baht into the economy.

BUSINESS

Neda halts all new projects in Cambodia

Business, Wichit Chantanusornsiri, Published on 12/08/2025

» Following the deadly Thailand-Cambodia border skirmishes, the Neighbouring Countries Economic Development Cooperation Agency (Neda), a public organisation under the Finance Ministry, has halted all new aid investment projects in Cambodia.

BUSINESS

Ministry to blacklist subpar contractors

Business, Wichit Chantanusornsiri, Published on 07/04/2025

» The Finance Ministry looks set to implement measures to blacklist contractors who violate government procurement laws.

BUSINESS

Anti-corruption efforts to start earlier for projects

Business, Wichit Chantanusornsiri, Published on 04/04/2025

» The inclusion of public construction projects in the Integrity Pact (IP) programme, allowing a third-party external observer to participate in monitoring, must begin from the initial stage of the bidding process, according to Patricia Mongkhonvanit, director-general of the Comptroller-General's Department.

BUSINESS

SRT finds Hopewell 'loophole'

News, Wichit Chantanusornsiri, Published on 23/11/2019

» The Transport Ministry and the State Railway of Thailand (SRT) are fighting their corners over a court order to pay a huge compensation sum to Hopewell (Thailand) for terminating a contract for the company to build a 60-kilometre-long elevated highway and rail tracks in 1998.

THAILAND

Govt debt ratio hike 'won't hurt monetary, fiscal discipline'

Wichit Chantanusornsiri, Published on 31/05/2019

» The government's move to raise its off-budget debt commitment as a proportion of the national budget from 5% to 8% will not have any effect on monetary or fiscal discipline, according to an adviser to the Public Debt Management Office.