Thai Court dismisses Government’s application to stay payment of ฿24bn compensation to Hopewell Thailand

Thai Court dismisses Government’s application to stay payment of ฿24bn compensation to Hopewell Thailand Thailand’s Central Administrative Court dismissed an application today (Wednesday 21.04.2021), by the Transport Ministry and the State Railway of Thailand (SRT), for a stay of execution of the ruling, by the Supreme Administrative Court, ordering the two state agencies to pay […]

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Thailand’s Ministry of Transport fails to halt ฿25.4 billion payment order to Hong Kong based firm linked to 1990 contract

Thailand’s Ministry of Transport fails to halt ฿25.4 billion payment order to Hong Kong based firm linked to 1990 contract The ongoing saga began with a rail contract in 1990 which was hampered by corruption in acquiring land, a coup, a government suspension and finally the 1997 Asian Financial Crisis before it was cancelled by […]

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Electricity Generating Authority of Thailand (Egat) and PTT study project for floating storage re-gasification unit

Electricity Generating Authority of Thailand (Egat) and PTT study project for floating storage re-gasification unit Plan for Floating storage re-gasification unit (FSRU), dubbed a giant ship, in the Gulf of Thailand to supply gas to a new power plant. SEE ALSO: Egat Poised To Approve First Thai Floating Storage Regasification Unit (FSRU) For Liquefied Natural […]

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Work progressing steadily in most of State Railway of Thailand’s six double-track projects

Work progressing steadily in most of State Railway of Thailand’s six double-track projects The State Railway of Thailand (SRT) is accelerating the construction of six double-track railways projects. The routes that will link regional provinces and neighbouring countries are on course but there could be delays on some routes, officials said while outlining the progress. […]

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“It’s not time yet” to relax Thailand’s laws on foreigners owning land or property, say analysts

“It’s not time yet” to relax Thailand’s laws on foreigners owning land or property, say analysts Thai business media Manager have suggested that speculation that the Thai government were about to announce that foreigners could buy their own houses in estates is unlikely to be true. They quoted unnamed sources as saying that the “time […]

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