Phuket ‘smart bus’ considered to replace light rail, save B15.2bn PHUKET: Transport Minister Saksayam Chidchob has ordered an in-depth analysis of a proposal to dump the Phuket light-rail project in favour of a ‘smart bus’ system that would reduce the cost of launching a mass transport option on the island by some B15.2 billion. The […]
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Construction of all communication towers along China-Laos railway completed The construction of all 67 communication towers along the China-Laos railway has been completed, marking a major progress in the project. Half of the railway’s communication towers are located in tropical uninhabited mountainous areas, with complex geographical conditions and poor traffic conditions, which has brought difficulties […]
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Jab-booking app for foreigners in Thailand coming soon Non-Thais also eligible for walk-in vaccination service that could start as soon as next week The government is developing a vaccination registration app especially for foreign residents, who will also be eligible for walk-in service as soon as it is available, a spokesman said on Saturday. Mass […]
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Thailand’s B.Grimm Power posts 25% rise in Q1 normalised profit On course to secure 1,000 MW this year B.Grimm Power Public Company Limited (BGRIM), Thailand’s leading industrial power producer, achieved a 654.3% growth in net profit attributable to the parent company in the first quarter of this year compared to the previous quarter, rising to […]
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Thailand’s Ratch Group closing in on new power generation assets Energy giant plans to spend B7bn on power plants SET-listed Ratch Group expects to conclude its 7-billion-baht purchase of new power generation assets soon offering 350 megawatts of capacity, strengthening its status as the largest private power producer by capacity. Chief executive Kijja Sripatthangkura did […]
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Khon Kaen, Krabi, Nakhon Si Thammarat and Trang airport expansions nearing completion The Department of Airports (DOA) has announced the progress of airport expansions in Khon Kaen, Krabi, Nakhon Si Thammarat and Trang. In Khon Kaen, the DOA has invested about 2 billion baht to build a new passenger terminal since 2018. The new facility […]
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Bangkok Metropolitan Administration to spend B260mn to renovate Green Bridge at Sarasin Intersection The Bangkok Metropolitan Administration (BMA) will spend 260 million baht renovating an elevated walkway connecting Lumpini Park at Sarasin Intersection on Witthayu Road and Benjakitti Park on Ratchadaphisek Road. The aim is to create another green area in the city. Known as […]
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Foreign Spouse’s Statutory Right to Inherit Land Plot from Thai Spouse or Family Member Article by Narit Direkwattanachai Corporate & Tax Attorney and Commercial Litigator, providing legal advice/representation to MNCs/entrepreneurs. Many foreign residents in Thailand happen to be married to Thai spouses or at least have some Thai family members. It is a well-known fact […]
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Mitsubishi Power Achieves #1 Market Share Globally in the First Quarter of 2021 According to McCoy Power Report No. 1 in the global gas turbine market with a 29.0% share 40.8% share of heavy-duty gas turbine market Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, captured the top market share by megawatts in […]
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Real estate investment trusts – Risks & Rewards according to CBRE According to CBRE, although investing in property funds and real estate investment trusts (REITs) offer portfolio diversification and higher dividends compared to Thailand’s 10-year government bond yields. According to CBRE, a leading international property consultant company, although investing in property funds and real estate […]
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