Showing 1 - 10 of 12
Italian-Thai Development upbeat on funds to wrap up projects
Business, Nareerat Wiriyapong, Published on 10/04/2024
» Cash-strapped Italian-Thai Development (ITD) is confident it will be granted additional financial support from banks to complete more than 100 ongoing construction projects, in addition to bidding for more projects from the now-active fiscal 2024 budget.
Hopewell saga gets new twist
News, Post Reporters, Published on 05/03/2022
» The Supreme Administrative Court on Friday ruled in favour of the Ministry of Transport and State Railway of Thailand (SRT) request for a retrial following a 2021 ruling against them by the Central Administrative Court in the "Hopewell saga".
Former economics guru Virabongsa dies at 78
Online Reporters, Published on 07/11/2021
» Virabongsa Ramangkura, one of the best-known economists and ministers in several governments, died on cancer on Sunday. He was 78.
Free fall
Asia focus, Larry Jagan, Published on 22/03/2021
» Yangon is burning: Plumes of smoke rose into the skyline in the north of the city every day last week. Large parts of Myanmar's biggest city and main commercial centre resembled a battle zone after the military junta imposed martial law in several neighbourhoods.
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.
EEC, megaprojects mean opportunities for property sector
Business, Kanana Katharangsiporn, Published on 11/11/2019
» The Eastern Economic Corridor (EEC) and infrastructure development are setting new megatrends in Thailand with huge opportunities lying ahead for the property sector, according to former policymakers and property experts.
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.
Hopewell petition rejected
News, Post Reporters, Published on 24/08/2019
» The Administrative Court on Friday threw out a petition by the Transport Ministry and the State Railway of Thailand (SRT) seeking a retrial over a compensation award of 37 billion baht to Hopewell Holdings.
Transport Ministry eyes Hopewell payment delay
News, Thodsapol Hongtong, Published on 09/06/2019
» The Ministry of Transport may seek Administrative Court approval to delay its compensation payment of 37 billion baht to Hopewell (Thailand), according to Worawut Mala, acting governor of the State Railway of Thailand (SRT).
Interest doubles Hopewell compensation to B25bn
Thodsapol Hongtong and online reporters, Published on 26/04/2019
» The State Railway of Thailand will ask the government to pay the court-ordered 25-billion-baht compensation, including 13-billion-baht interest, to Hopewell (Thailand) Co for its cancellation of the company’s huge transit project contract.