Thai govt considers sanctions against Bangkok monorail operators of the city’s Pink and Yellow lines

Thai govt considers sanctions against Bangkok monorail operators of the city’s Pink and Yellow lines The Thai government is currently mulling over the enforcement of contractual remedies against Northern Bangkok Monorail and Eastern Bangkok Monorail, the operators of the city’s Pink and Yellow lines respectively. This move follows a series of incidents that have raised […]

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Italian-Thai Development reports billion baht loss but is confident it can make a comeback

Italian-Thai Development reports billion baht loss but is confident it can make a comeback Italian-Thai Development (ITD), Thailand’s largest construction company, submitted its 2023 financial statement to the Stock Exchange of Thailand (SET) this week, reporting that it suffered a loss of 1.07 billion baht in the past year. The figure is an improvement from […]

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Quảng Trị’s $580m deep-water port commences construction after 4-year delay

Quảng Trị’s $580m deep-water port commences construction after 4-year delay This project holds strategic importance for Quảng Trị Province, serving not only the local industrial parks but also facilitating cargo flow along the East-West Economic Corridor which links Việt Nam, Laos, Cambodia, Thailand and Myanmar. QUẢNG TRỊ — The Mỹ Thủy deep-water port project in […]

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Construction giant Italian-Thai Development to clear overdue salaries in April

Construction giant Italian-Thai Development to clear overdue salaries in April Italian-Thai Development plc (ITD) is borrowing from financial institutions and expects to clear overdue salaries for its 20,188 employees by the end of April, according to the labour minister. Minister Phiphat Ratchakitprakarn said on Monday that as of last Thursday, ITD had cleared overdue salaries […]

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Thai Cabinet to review Red Line electric commuter rail upgrade

Thai Cabinet to review Red Line electric commuter rail upgrade Commuter rail route set to be expanded; three extensions this week, namely the Taling Chan-Salaya extension, Rangsit-Thammasat University, Rangsit Campus extension and the Taling Chan-Siriraj extension. The Transport Ministry will ask the cabinet to approve its proposals to further expand the State Railway of Thailand’s […]

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