Thailand ponders reviving outbound travel tax Tourism executives says timing is bad as travel sentiment is already weak The Revenue Department is studying the feasibility of reviving an outbound travel tax on Thai nationals. Officials are researching practices in other countries, especially developed nations, that have similar taxes in place, said Pinsai Suraswadi, director-general of […]
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Rail links from Singapore to China seen as gateway for Thai trade Efficiency upgrades planned for SKRL The Department of Rail Transport (DRT) is working to enhance the efficiency of the Singapore-Kunming Rail Link (SKRL), with the expectation of using the regional railway network to elevate Thailand’s status as a logistical and investment hub for […]
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State Railway of Thailand opens new double-track section between Khok Kathiam (Lopburi) and Pak Nam Pho (Nakhon Sawan) stations State Railway of Thailand (SRT) governor, Veeris Ammarapala, yesterday inspected the newly upgraded rail tracks between Khok Kathiam and Pak Nam Pho stations during the line’s official opening. The section now features double tracks, allowing it […]
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Vietnam’s top private firm Vingroup proposes $4.5 bln wind power project in HCMC Vingroup, a leading Vietnamese property developer and carmaker, has proposed to invest in a nearshore wind power project worth $4.5 billion in Can Gio, the only coastal district in Ho Chi Minh City. In a document recently sent to the municipal People’s […]
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AP Thailand moves fast to rebuild condo trust AP Thailand has launched a rapid post-quake initiative to restore buyer confidence in high-rise condominiums through swift action and third-party safety verification SET-listed developer AP Thailand has rolled out a rapid response initiative to restore consumer confidence in high-rise living following the 6.0-magnitude earthquake in Myanmar on […]
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TEKA Signs THB312 Million Bangkok International School Construction Project Teka Construction Public Company Limited (SET: TEKA) has informed the Stock Exchange of Thailand that the company has been awarded with a new construction project from Raffles Assets (Thailand) Co., Ltd. It is a building construction project of International School Raffles American School. The project consists […]
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Thap Put – Krabi Railway, Connecting Krabi and Krabi Airport to Phuket and Bangkok by train By James Clark of https://futuresoutheastasia.com/ The Thap Put-Krabi Railway is a proposed railway in Southern Thailand. The railway will branch off the proposed Surat Thani – Phuket line at Thap Put and connect Krabi and Krabi Airport. The line […]
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Vietnam cuts renewable power subsidies Retroactive cuts for some solar and wind projects alarm investors and raise default risk Vietnam’s state power utility has cut the previously agreed subsidised prices it pays for electricity from some solar and wind farms, which now risk defaulting on their debts with banks, according to an investors’ petition seen […]
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‘Little Moscow’ boom: Russians fuel Phuket property frenzy Developer notes more than 70% of properties are bought by foreign buyers ‘Little Moscow’ boom: Russians fuel Phuket property frenzy Pictures courtesy of ฐานเศรษฐกิจ Phuket’s luxury property scene is getting a flashy new address—“Little Moscow.” Tucked in the serene north of the island, Nai Thon Beach is […]
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Thailand Transport Minister Suriya says 25km elevated Motorway M82 motorway 82% done Motorway from Rama III – Dao Khanong – Western Outer Ring Expressway in Bangkok and ending at Samut Sakhon’s Ban Phaeo district Minister of Transport Suriya Jungrungreangkit led an inspection of the construction of elevated Motorway No.82 (M82) on Friday, affirming the project […]
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