China and Myanmar Sign Deal to Complete Myanmar’s Kyaukphyu Deep Sea Port The Chinese state-owned enterprise CITIC and the Myanmar Junta have officially signed an agreement to expedite the completion of the Kyaukphyu Special Economic Zone and a deep-sea port in Rakhine State. The project, which has been floundering in the Myanmar Foreign Ministry for […]
Continue Reading
Thailand’s popularity as a retirement destination nearing crunch point From Pattaya Mail The tweak in the Thai Revenue rules, affecting both Thai and foreign tax residents, means that income derived from assessable foreign sources is to be taxable from new year’s day 2024. The exact impact and scope remain fog-bound, but it is no exaggeration […]
Continue Reading
Bangkok’s Purple Line construction worker killed by falling steel bars A male worker at the construction site of the Wong Wian Yai station on the Metropolitan Rapid Transit Authority of Thailand (MRT)’s Purple Line was killed after being crushed by falling steel bars. The MRT said in a statement that the accident occurred at about […]
Continue Reading
Bangkok’s 20-baht metro dream in danger of derailing Bangkok commuters’ dream of paying no more than 20 baht for a metro ride regardless of distance traveled still faces serious obstacles. Even with the ruling Pheu Thai Party by their side, the dream continues to seem far-fetched. Currently, fares start at 12 baht and go as […]
Continue Reading
Why Vietnam needs to import electricity from Laos Importing electricity from Laos is an affordable solution for resolving power shortages in the north and also a means to fulfill a 2016 agreement with the country, analysts say. “Buying electricity from Laos has not only economic reasons but also political connotations,” energy analyst Ngo Duc Lam […]
Continue Reading
Zhen Ding Tech and SPI Launch Major PCB Plant in Thailand Zhen Ding Tech Group collaborates with Saha Pathana Inter-Holding (SPI) to establish a leading printed circuit board manufacturing facility in Thailand, marking a significant step in ASEAN’s industrial advancement. Mr. Vichai Kulsomphob, Executive Chairman and Chief Executive Officer of Saha Pathana Inter-Holding Public Company […]
Continue Reading
Staggering investment of 150 billion baht in Airports of Thailand airports In a move set to revolutionise Thailand‘s air travel scene, Airports of Thailand (AOT) has unveiled ambitious plans for the construction of two new airports and a staggering investment of 150 billion baht. Speaking exclusively at the Section II: Next Step seminar on December […]
Continue Reading
Pink Line Monorail mishap spurs government warning Purple Line to suspend the use of cranes at a construction site after a steel rod fell killing 23-year-old worker The government is warning the operator of the Pink Line monorail against further mishaps after a section of the conductor rail came off from its beam and fell […]
Continue Reading
Bangkok’s Pink Line electric train conductor rail falls on to street below in Nonthaburi Several kilometres of an aluminum conductor rail on the elevated Pink Line monorail system fell onto a street in Nonthaburi early Sunday morning. Three vehicles were damaged, but no casualties were reported. The incident happened at about 5am along Tiwanon Road […]
Continue Reading
Thailand’s Sino-Thai Engineering and Construction announces major restructuring Responding to the ever-changing business landscape, Sino-Thai Engineering and Construction (STEC) has announced a major restructuring of its shareholdings and management to diversify its business for sustainable growth. Part of that restructuring, according to STEC director Pakpoom Srichamni, is the setting up of STECON Group (Public Company) […]
Continue Reading