Thai Ministry of Transport studying ways to lower expressway fees The Ministry of Transport is studying ways to lower expressway fees, with Transport Minister Suriya Juangroongruangkit stating that the study is expected to be completed in 2 months. One proposed method is to extend the concession periods. Currently, there are seven expressways, with three under […]
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Factory and warehouse developer Prospect Development allocates B22bn for expansion in Thailand Bangkok Free Trade Zone 6 on Bang Na-Trat KM 19, with a leasable area of 81,000 sq m, is currently under construction, scheduled for completion by the second quarter of 2025. Factory and warehouse developer Prospect Development Co will invest 22 billion baht […]
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Vietnam seeking to learn from China with high-speed rail plan Vietnam is seeking to learn from China to develop its first high-speed railway network, according to its government, with plans in the works for a rail line running the length of the country. Vietnam is planning to build a 1,545 km high-speed system with a […]
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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 (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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The Salween explained – Asia’s last great undammed river We examine Southeast Asia’s largest free-flowing river, as it navigates competing interests between the countries it spans, and discuss Myanmar’s military junta’s role in shaping its future Flowing from the headwaters in Tibet, the Salween traverses China and Myanmar and defines part of Thailand’s western border. […]
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Pattaya’s Wind Turbine Project on Koh Larn Fizzles Out After Failing to Deliver Power The wind turbine project to generate renewable power on Koh Larn in Pattaya has reportedly become a waste of resources after critics alleged that the turbines have broken down for a long time and the city lacked enough funding to repair […]
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Cambodia needs to imitate Thailand and introduce visa-exempt tourism Thailand is riding high on its new visa-exempt policy which allows most international tourists to enter the country without prior approval or payment of a fee. China, India, Russia, the UK, EU, US, Australia, Asean partners and a bunch of other countries all currently have the […]
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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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Contractor Syntec Construction sets record for new projects Contractor Syntec Construction Plc secured a record high 21 new projects worth a combined 12.8 billion baht last year, benefiting from the recovering condo sector and less intense competition post-pandemic. Chief executive Somchai Sirilertpanich said the number of new condo projects launched last year exceeded the level […]
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