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BUSINESS

China seals track-upgrade deal

News, Thodsapol Hongtong, Published on 28/12/2019

» The State Railway of Thailand (SRT) on Friday signed a contract with China Railway Signal and Communication (CRSC) to supply train signalling and communications equipment worth 6.25 billion baht for the 421-kilometre Nakhon Pathom-Chumphon double-track rail upgrade project.

BUSINESS

Exat to call bids for new route

News, Thodsapol Hongtong, Published on 25/12/2019

» The Expressway Authority of Thailand plans to call tenders next year for the construction of a new east-west expressway, stretching 11.3 kilometres from Kasetsart intersection to Bangkok's eastern ring road.

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BUSINESS

King Power awarded Don Mueang airport duty-free concession

Thodsapol Hongtong, Published on 24/12/2019

» The board of Airports of Thailand Plc has awarded a 10.5-year duty-free concession at Don Mueang airport to King Power Duty Free Co, which offered a yearly 1.5-billion-baht minimum return, AoT president Nitinai Sirismatthakarn announced on Tuesday.

BUSINESS

Govt loans B8.5bn for regional roads

News, Thodsapol Hongtong, Published on 23/12/2019

» Thailand plans to grant 8.5-billion-baht in loans next year to Myanmar, Laos and Cambodia to build four new transnational roads under the Asean Connectivity initiative.

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BUSINESS

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.

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BUSINESS

2 new carriers set for takeoff

News, Thodsapol Hongtong, Published on 24/12/2019

» Thailand's aviation industry is set to welcome two new low-cost carriers next year, according to the Civil Aviation Authority of Thailand (CAAT) on Monday.

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BUSINESS

Thai-Sino rail talks 'already concluded'

News, Thodsapol Hongtong, Published on 24/12/2019

» The State Railway of Thailand (SRT) insists that postponing the signing of "Contract 2.3" for the Bangkok-Nakhon Ratchasima high-speed railway for another six months will not result in further delays, now that Thailand and China have ironed out their differences.

BUSINESS

Minister seeks 6-month delay to iron out Thai-China rail deal

News, Thodsapol Hongtong, Published on 21/12/2019

» Transport Minister Saksayam Chidchob will ask Prime Minister Prayut Chan-o-cha to postpone the signing of the long delayed "Contract 2.3" for the Bangkok-Nakhon Ratchasima high-speed railway for another six months.

BUSINESS

Govt to speed up payouts

News, Thodsapol Hongtong, Published on 13/12/2019

» The Transport Ministry hopes to settle a conflict with opponents of the new Bang Yai-Kanchanaburi motorway project by the end of this month to complete its construction in the next three years.

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BUSINESS

Don Mueang duty-free counter draws little interest

News, Thodsapol Hongtong, Published on 15/12/2019

» Airports of Thailand (AoT) is likely to scrap bidding to run duty-free pick-up counters at Don Mueang airport after only one company expressed interest in the contest.