Construction giant Italian-Thai Development adds to Thailand’s corporate debt woes Bond market tries to ease contagion concerns, with total $25.4 billion due this year Bangkok-listed construction giant Italian-Thai Development will on Wednesday ask bondholders to delay debenture payments for two years, becoming the latest Thai company to suffer debt problems amid high interest rates and […]
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Rail transport saw 40% increase in commuters, mostly in and around Bangkok Thailand’s rail transport network saw a 40 per cent increase in use by the public in 2023, the Department of Rail Transport reported on Friday. Commuters from Bangkok’s metropolitan areas were the biggest users, accounting for 94.97% of total, while only 5.03% came […]
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Thai Government calls for more airport slots Tourist numbers to rise this summer The Transport Ministry has instructed the Civil Aviation Authority of Thailand (CAAT) to increase the number of airport slots to prepare for an expected surge in foreign arrivals for the summer starting in April. A slot refers to permission granted to airlines […]
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Thailand pushes for visa-free deals with UK, USA, etc. Thai premier Srettha Thavisin has told the Cabinet that he is seeking a much more powerful Thai passport which will be enable holders to enter far more than the 34 countries which currently do not require a prior visa or a visa on arrival. Thailand has […]
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Bangkok’s The Forestias by MQDC gears Up for completion, welcoming Residents in 2024 MQDC, the leading property developer, announced that construction of its “The Forestias” forest district is near completion, with all the new neighbourhood’s residential projects now over 70% finished. Whizdom Destinia and Mytopia are already complete and are currently ready to be gradually […]
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Thailand’s land bridge project public hearings held in Chumphon and Ranong People in the southern provinces of Ranong and Chumphon are divided over the controversial land bridge project, with the business sector and most local community leaders in favour, while civic groups, coastal fishermen, durian and oil palm growers have expressed concerns over its potential […]
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New Bangkok bus terminal set for Bang Sue area The Transport Ministry is working on a project to construct a new Bangkok Bus Terminal in the Bang Sue vicinity, close to the Krung Thep Aphiwat Central Terminal. This decision came to light during a House debate over the 2024 fiscal budget, where Transport Minister Suriya […]
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Foster reveals design for Cambodia’s new Techno Takhmao airport south of the Cambodian capital of Phnom Penh UK architect Foster + Partners has unveiled its designs for the Techo Takhmao International Airport, which is being built south of the Cambodian capital of Phnom Penh. As well as the airport itself, the firm’s competition-winning entry included […]
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The ball-bearings on the wheels of all Bangkok’s Yellow Line trains will be replaced Operator responds to safety concerns after wheel fell from monorail train The ball-bearings on the wheels of all Yellow Line trains will be replaced to ensure public safety, the chairman of the monorail operator said on Thursday. Alstom Thailand, the manufacturer […]
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Thailand Consumer Council (TCC) calls for complete inspection of the Yellow and Pink Lines, the country’s first two monorail systems The Thailand Consumer Council (TCC) on Thursday called for a complete inspection of the Yellow and Pink Lines, the country’s first two monorail systems. Questions have been raised over whether errors occurred during the system […]
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