Foreigners picked to buoy Bangkok property market Local demand remains sluggish Despite the economic recovery, the property market this year may depend heavily on foreign demand as negative factors still affect domestic buyers, according to economists and property analysts. Piyasak Manason, senior vice-president of the wealth research department of InnovestX Securities, said property market growth […]
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Legal disputes may delay Bangkok’s Orange Line, warns MRTA The Mass Rapid Transit Authority of Thailand (MRTA) on Monday expressed concern that the opening of the Orange Line’s eastern section might be delayed due to legal disputes involving the western extension. The eastern section connecting the Thailand Cultural Centre and Min Buri, which is being […]
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Bangkok’s MRTA accelerates negotiations to solve the burden of taking care of the Orange Line structure at 41 million baht per month MRTA reveals the orange electric train in the eastern section “Cultural Center – Min Buri” progress 98.8% Participate in the burden of maintenance costs for civil works at 41 million per month, pointing […]
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Southeast Asia’s largest wind power plant to be built in southern Laos’ Sekong and Attapeu provinces The Asian Development Bank (ADB) and Monsoon Wind Power Company Limited has signed a 692.55-million-U.S. dollar loan agreement to build a wind power plant in Laos. Comprising 133 wind turbines with a capacity of 600 MW, the Monsoon Wind […]
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Bangkok to crack down on landowners who avoid paying taxes on vacant plots by growing fruits and vegetables With the BMA estimating that it has lost around 100 million baht in tax revenue annually due to this practice, Bangkok Governor Chadchart Sittipunt has instructed officials to inspect all plots repurposed as agricultural land to avoid […]
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Thai Cabinet approves construction of Mae Ta Chang Reservoir in Chiang Rai’s Mae Suay district The construction of Mae Ta Chang Reservoir is aimed to address shortage of water for consumption during the dry season and alleviate flood in the rainy season. The reservoir will also contribute to aquaculture breeding and conservation, and forest rehabilitation. […]
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Saipem and CTCI commission Nong Fab LNG terminal in Thailand Oilfield services provider Saipem and engineering, procurement, and construction (EPC) services provider CTCI have commissioned and started up Nong Fab LNG receiving terminal in Thailand. According to Saipem, the terminal, with a capacity of 7.5 million metric tonnes per annum, will receive LNG from carriers […]
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‘Red card’ system launched for ‘bad foreigners’ in Phuket PHUKET: Phuket Immigration has launched a ‘red card’ system that will see foreigners found guilty of two offences deported from the country. A new initiative called the “Red Card” system has been launched in Phuket, Thailand, to crack down on bad behaviour or law-breaking by foreigners. […]
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Myanmar’s first wind power project cooperation signed, new step under BRI – deal covers three wind power projects A deal for Myanmar’s first wind power project with the participation of a Chinese energy infrastructure company was signed on Wednesday, a major step in bilateral new-energy cooperation, the Chinese Embassy in Myanmar said in a statement […]
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Collapsed crane kills Cambodian worker at construction site in the Chatuchak district of Bangkok Tragedy struck at a construction site in the Chatuchak district of Bangkok yesterday when a tower crane collapsed and killed a Cambodian worker. Thai news outlet Channel 7 reported that the crane’s sling was broken, causing the crane’s arm to crash […]
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