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BUSINESS

King Power to buy MahaNakhon

Business, Post Reporters, Published on 11/04/2018

» King Power International Group, Thailand's leading duty-free retailer, is to acquire the remaining units and the observation deck of the MahaNakhon tower from financially beleaguered Pace Development Corporation Plc for over 10 billion baht.

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THAILAND

BMTA must pay B1.1bn to Bestlin

News, Post Reporters, Published on 11/04/2018

» The Central Administrative Court ordered Bangkok Mass Transit Authority (BMTA) to pay more than 1.1 billion baht to Bestlin Group and its allies for unlawfully terminating a procurement contract for 489 new gas-fuelled buses.

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THAILAND

Police bid to revive 2 Premchai charges

News, Post Reporters, Published on 11/04/2018

» Police submitted a letter of objection to public prosecutors Tuesday regarding the indictment against construction tycoon Premchai Karnasuta, who has been charged in a suspected poaching incident at a protected wildlife sanctuary.

THAILAND

Seven die, 46 hurt in highway bus crashes

News, Post Reporters, Published on 11/04/2018

» TAK: A double-decker bus, carrying Myanmar factory workers, crashed and overturned off a highway, killing six people and injuring 44 -- 12 of them seriously -- in Muang district on Monday morning.

THAILAND

Wissanu eases retirement fears

News, Post Reporters, Published on 11/04/2018

» The planned extension of the retirement age for government and state enterprise officials from 60 to 63 years is still awaiting a proper study and is not yet certain, according to Deputy Prime Minister Wissanu Krea-ngam.

THAILAND

44 accused of fiddling student fund

News, Post Reporters, Published on 11/04/2018

» The Education Ministry has accused Rojana Sinthi and 43 associates of embezzling money from a multi-million-baht fund for poor students, with one grantee also having allegedly been duped by the gang.

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THAILAND

BTS sees mass transit driving FY19 revenue by 200%

Business, Post Reporters, Published on 11/04/2018

» SET-listed BTS Group Holdings Plc expects its operating revenue to surge by 200% in fiscal 2019, starting from April 1 this year, largely driven by the mass transit business.

THAILAND

School head bribe accused gets chop

News, Post Reporters, Published on 11/04/2018

» The Bangkok provincial education committee yesterday fired Viroj Samruan from the civil service, effective immediately, for taking a bribe while director of Samsenwittayalai School.

THAILAND

Salon attackers lose last appeal

News, Post Reporters, Published on 11/04/2018

» The Supreme Court yesterday upheld jail terms of 33 years and four months for four men from the South who were found guilty of a bombing outside a beauty salon on Ramkhamhaeng Road in Bangkok five years ago.