Author: Peter Carlisle

Thai court stays order for ฿25.7bn baht compensation payment to Hopewell The Central Administrative Court has stayed the execution of a court injunction, upheld by the Supreme Administrative Court, ordering the Thai Transport Ministry and State Railway of Thailand to pay Hopewell (Thailand) 25.7 billion baht in compensation, for breach of contract. The order was […]

Malaysia talks with Thailand on construction of second Rantau Panjang-Sungai Golok bridge project Malaysia will immediately begin negotiations with Thailand on the construction of the second Rantau Panjang-Sungai Golok bridge near the border of both countries. Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed said talks should be expedited following a joint […]

Thai developer Sansiri set to launch 28 low-rise projects in 2022 SET-listed developer Sansiri is bullish on low-rise housing developments, planning to launch 28 new projects worth a combined 39 billion baht in 2022, more than twice as many as last year. Anat Kittikulmethi, deputy managing director of the project development department for low-rise, said […]

Siamese Asset plans six new residential projects Developer diversifies into new ventures to boost and stabilise annual revenue SET-listed developer Siamese Asset is planning to launch six new residential projects worth a combined 11.6 billion baht, with one offering nursing care facilities for elderly and rehabilitation patients. Chief executive Kajonsit Singsansern said the company will […]

Will Three decades of Hopewell horror show have a shock happy ending for Thailand? The Supreme Administrative Court’s recent decision to retry the Hopewell case may help the government avoid paying a huge sum in compensation which has been dubbed the “price of stupidity”. For the past two decades, the State Railway of Thailand (SRT) […]

Thailand is bracing for impact of higher steel prices Thailand is bracing for the impact of expensive steel in the global market after prices rose by more than 10% following the outbreak of war between two of the world’s major steel exporters — Russia and Ukraine. The price of steel billet in the global market […]

Bangkok’s MRTA Purple Line southern section construction to start this year Construction of the Purple Line mass-transit system’s southern section will start later this year after the Mass Rapid Transit Authority of Thailand (MRT) signed six contracts with five major construction firms on Friday, the agency said. Purple Line southern section construction to start this […]

Bangkok’s MRTA Purple Line extension contracts signed Work expected this year and completed in 2027 The Mass Rapid Transit Authority signed contracts with five companies on Friday for the construction of the extension of the Purple Line, with the work expected to start this year. MRTA Governor Pakapong Sirikantaramas inked six contracts with representatives of […]