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THAILAND

AirAsia confirms US$150m investment in EEC facility

Business, Chatrudee Theparat, Published on 17/05/2018

» AirAsia Group has confirmed it will invest US$150 million (4.8 billion baht) in a maintenance repair overhaul (MRO) facility at the Eastern Economic Corridor's U-tapao airport.

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THAILAND

Somkid affirms Beijing's commitment to airport link

Business, Chatrudee Theparat, Published on 01/06/2018

» China has reaffirmed its intention to join the upcoming auction of the 224.54-billion-baht high-speed railway linking Don Mueang, Suvarnabhumi and U-tapao airports.

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THAILAND

JBIC pledges airport link loans

Business, Chatrudee Theparat, Published on 04/05/2018

» The Japan Bank for International Cooperation (JBIC) pledges to extend soft loans to finance Thailand's 224.54-billion-baht high-speed railway linking three major airports and other infrastructure projects in the government's highly touted Eastern Economic Corridor.

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THAILAND

Airport rail ToR to lure foreigners

Business, Chatrudee Theparat, Published on 19/04/2018

» The private sector has proposed terms of reference (ToR) that permit foreign investors to hold more than a 50% share in the 224.54-billion-baht high-speed railway linking the three main airports in a bid to boost management efficiency.

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THAILAND

February sees 61,000 more unemployed

Business, Chatrudee Theparat, Published on 23/03/2018

» Thailand's unemployment rose by 61,000 jobless workers in February from a year earlier, with bachelor's degree holders maintaining the highest unemployment rate, according to the latest survey.

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THAILAND

Airport rail links get B112bn

Business, Chatrudee Theparat, Published on 02/04/2018

» The government is committed to investing up to 111.9 billion baht in high-speed railways linking the three main airports -- Don Mueang, Suvarnabhumi and U-tapao -- to serve the government's flagship Eastern Economic Corridor (EEC) scheme.

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THAILAND

Ministry downplays need for southern power plants

Business, Chatrudee Theparat, Published on 23/02/2018

» The government says construction of new large-scale power plants in southern Thailand is unlikely over the next five years, arguing that existing power plants are capable of meeting demand.

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THAILAND

SRT lays down Japanese model for tourism trains

Business, Chatrudee Theparat, Published on 26/02/2018

» In a move to raise income and promote tourism, particularly in second-tier provinces and for community tourism, the State Railway of Thailand (SRT) is applying the model of Japan's JR Kyushu Railway's Seven Stars luxury services.

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THAILAND

Helping villagers help themselves, over the decades

Business, Chatrudee Theparat, Published on 02/03/2018

» Recognised by the international community as a leader in the field of local development, the Mae Fah Luang Foundation is being tasked with spearheading rural development under the government-initiated Pracha Rat public-private collaborative scheme.

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THAILAND

Somkid: Japan still on board rail plans

Business, Chatrudee Theparat, Published on 13/02/2018

» The government has insisted the Thailand-Japan partnership for joint investment in the Shinkansen-like high-speed railway from Bangkok to Chiang Mai remains intact, despite recent reports that Japan was solely interested in offering loans for the project.