Motorists drive past construction of the 26.8-kilometre Bang Sue-Rangsit Red Line mass-transit route. The government yesterday agreed to borrow again from the Japan International Cooperation Agency to continue funding the project. WICHAN CHAROENKIARTPAKUN The cabinet gave the nod yesterday to a State Railway of Thailand (SRT) proposal to borrow ¥38.2 billion (10.4 billion baht) from the […]
Continue Reading
2015 is a big year for the climate change agenda. In December, negotiators will descend upon Paris to sign a new universal and legally binding treaty to tackle the issue. Yet as oil apologists and environmental campaigners dispute the impact of greenhouse gas emissions, business people are seizing the advantage of government subsidies to profit […]
Continue Reading
Steps to end the old area’s gridlock have been enforced Watching public buses move at a snail’s pace in the Rattanakosin neighbourhood for years, Xantharid Virochsiri always felt there could be a solution to ending the traffic gridlock in this old part of town. New traffic measures were enforced on Monday for a 60-day trial […]
Continue ReadingFirm says investment will save govt B70bn BTS Group Holdings Plc has proposed a plan to invest in the Khon Kaen-Laem Chabang dual-track railway. It says its investment could save the state budget 70 billion baht. The plan was unveiled as BTS chairman Keeree Kanjanapas met Transport Minister Prajin Juntong on Friday. Citing the plan, […]
Continue Reading
Luxury real estate developer Raimon Land PCL celebrated the topping-off of its Unixx South Pattaya residential project at a special press event held on May 20, with completion scheduled for late 2015. Developed as a weekend getaway for both Thais from Bangkok and international buyers looking for well-priced sea view freehold condominium property, Unixx South […]
Continue Reading
The rail canal would be able to cut 2,000km and two days off the shipping route through the Strait of Malacca. South Korea will propose a US$4.8-billion (S$6.5 b) “rail canal” project for Thailand’s consideration, aiming to provide a new trade lane via this country’s land bridge. The project would entail the new concept of […]
Continue Reading(MENAFN – Gulf Times) Countries of the Association of Southeast Asian Nations (Asean) are taking steps to extend leasehold periods granted for foreign individual or companies for land in a bid to boost investment. The Thai government recently approved 99-year leases for state land for industrial and commercial use to speed up the development of […]
Continue ReadingBANGKOK, 4 June 2015 (NNT) – PTT Plc is set for the construction of the natural gas floating storage unit to strengthen the stability of the natural gas system, according to the PTT CEO. The President and CEO of PTT Plc Pailin Chuchottaworn has revealed that the company is planning to construct two Floating Storage […]
Continue Reading
Motorists and commuters who use Phahon Yothin Road are bracing for a traffic nightmare when two flyovers will be cleared for the construction of a mass transit line from Mor Chit to Khu Khot in Pathum Thani province. Construction firms have been given the nod from the Mass Rapid Transit Authority of Thailand (MRTA) to […]
Continue Reading
Yet another deal has been signed to turn the U-Tapao Naval Airbase into an actual international airport, able to handle 800,000 passengers by next year. (Bangkok Post file photo) The Transport Ministry and the navy have clinched a deal to develop U-tapao airport in Rayong for commercial purposes. The memorandum of cooperation (MoC) was signed by Transport […]
Continue Reading