The Bangkok Post

Government to shell out B900bn on transport

The government plans to spend almost 900 billion baht to develop all modes of transport this year. Government spokesman Lt Gen Sansern Kaewkamnerd said on January 2 the investment plan will comprise 36 infrastructure projects, covering air, marine and land transportation, worth a total of 895.7 ...

Gov't revives plan to help needy pupils

The Education Ministry plans to revive the One Ditrict, One Scholarship project to offer international education to underprivileged-students with a solid academic record to help develop their communities. Newly-appointed deputy education minister Panadda Diskul said he would approve the fifth phase of the scholarship programme, ...

AoT expects modest uptick in throughput

Passenger traffic through Thailand’s six main airports during the New Year holiday is expected to grow at a more moderate rate, reflecting tamer travel sentiment. The Airports of Thailand Plc estimates passenger throughput at 2.69 million between Dec 29 and Jan 4, up by 6.16% ...

Revenue chief upbeat on target

The Revenue Department is comfortable with its revenue target for this fiscal year as it is optimistic the improving economy and accelerating public investment will generate higher tax revenue, its chief says. Economic growth in 2017 could expand at a faster pace than the past ...

BoI: Thailand set to become ASEAN hub

The Board of Investment says new investment in the aviation sector has risen substantially in the first 10 months of this year, signalling Thailand is coming closer to its goal of becoming an aviation hub in ASEAN. Secretary-general Hiranya Suchinai said the applications submitted by ...

Ministry sees surge in investment

The Finance Ministry is optimistic the private sector will step up its investment to the tune of 400 billion baht next year, a crucial driving force for economic growth. The amount of private investment will be nearly half of the 900 billion baht the state ...

BMTA considers scrapping NVG bus contract

The Bangkok Mass Transit Authority is considering scrapping its bus purchase deal with Bestlin Group in the wake of a customs tax evasion scandal. The authority is seeking advice from the Office of the Attorney-General over possibly scrapping the contract based on concerns over the ...

2,300 police to watch roads on 'deadly days'

More than 2,000 police officers will be deployed to manage traffic and ensure the safety of motorists nationwide during the upcoming New Year holidays. Highway Police Division chief Somchai Kaosamran said about 2,300 highway police will be stationed across the country to help with traffic ...

Egco kicks off latest wind farm

SET-listed Electricity Generating Plc (Egco) said its latest 80-megawatt wind farm in Chaiyaphum province has started commercial operation, helping to generate more revenue for the company as well as support renewable energy. President and chief executive Chanin Chaonirattisai said the power plant has total contracted capacity of ...

Shut gold mine shows investors risks of Thai junta rule

When Thailand’s junta leader-turned-prime minister used his absolute power to suspend gold mining, causing an Australian miner’s shares to plummet 19% in a single day, he complicated efforts to attract foreign investors already spooked by military rule. Prime Minister Prayut Chan-o-cha announced the order last ...

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