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BUSINESS

Rail body seeks cut in B37bn payout bill

News, Thodsapol Hongtong, Published on 10/10/2019

» The State Railway of Thailand (SRT) will pay the entire 11.88 billion baht in compensation to Hopewell Holdings, as ordered by the Supreme Administrative Court, but will negotiate for a reduction in the interest payment, Transport Minister Saksayam Chidchob said on Wednesday.

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BUSINESS

Yanmar an engine of growth in Osaka

Business, Thodsapol Hongtong, Published on 10/10/2019

» Osaka has long enjoyed status as one of the commercial centres of Japan. Among the many thriving companies based in the city is Yanmar Co Ltd, a maker of engines for boats, heavy equipment and power generators.

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BUSINESS

THAI told to revamp rehab plan

News, Thodsapol Hongtong, Published on 11/10/2019

» Deputy Transport Minister Thaworn Senneam has ordered loss-ridden national flag carrier Thai Airways International (THAI) to overhaul its financial rehabilitation plan and draw up a new business plan within 30 days.

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BUSINESS

Rail consortium 'set to ink deal'

News, Thodsapol Hongtong, Published on 12/10/2019

» The Charoen Pokphand (CP)-led consortium will sign the contract to build a 224-billion-baht high-speed railway linking three airports on Oct 25, a source at the Transport Ministry said on Friday.

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THAILAND

The road to rural success

News, Thodsapol Hongtong, Published on 13/10/2019

» When His Majesty King Bhumibol Adulyadej The Great thought of ways to improve the quality of life of his people, particularly residents in remote villages, he realised the link between new roads and better living.

BUSINESS

Thai Airways eyes passenger growth

News, Thodsapol Hongtong, Published on 14/10/2019

» Financially struggling Thai Airways is eyeing 8% in passenger growth by year's end as it plans to launch new routes.

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THAILAND

High-tech plans for a better future

News, Thodsapol Hongtong, Published on 14/10/2019

» Science and technology strategist, Kittiphong Phromwong, the man behind the state's much-touted "Thailand 4.0" scheme, believes it is not too difficult to see Thais earning more and becoming richer.

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BUSINESS

Ministry seeks reversal of compensation to Hopewell

News, Thodsapol Hongtong, Published on 16/10/2019

» The Transport Ministry is seeking to reverse the Supreme Administrative Court's ruling ordering it and the State Railway of Thailand (SRT) to pay hefty financial compensation to Hopewell (Thailand) Co.

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THAILAND

Klong Toey revamp plan to hit cabinet this month

Thodsapol Hongtong, Published on 17/10/2019

» The final report on the 490-billion-baht development of the Klong Toey port area is expected to wrap up before the end of this month before it is tabled for consideration, said the Port Authority of Thailand (PAT).

THAILAND

Ayutthaya 'ripe for rail development'

News, Thodsapol Hongtong, Published on 19/10/2019

» Transport Ministry has earmarked Ayutthaya as a cornerstone in its "Transit-Oriented Development" (TOD) scheme.