News

Traffic law to change again

The Permanent Committee of the National Assembly approved a number of amendments to the Traffic Law on December 22, sending them on to parliament’s 7th plenary session for final ratification on Monday. NA spokesman Leng Peng Long said the committee decided on amendments to nine articles ...

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 ...

VN to increase liquid gas imports by 2025

Sharply decreasing Liquid Natural Gas (LNG) output and increasing prices of new gas resources are forcing Việt Nam to look to increase LNG imports. The country is expected to import five million tonnes of LNG by 2025. The figure is expected to increase to 11 ...

Residents await Laos-China railway compensation payments

Preliminary counts have been completed in the provinces through which the Laos-China railway will pass, to pave the way for compensation to be paid to the affected villagers and residents who will be relocated. However affected residents in the provinces through which the railway will ...

Laos-Thailand railway link set for expansion next year

Phase II of the Laos-Thailand railway, which will see the line extended from the suburbs to central Vientiane, is set to resume after the project was suspended in 2011. The line will be built over a distance of 7.5km to link the track from the ...

Media report of $10B debt incorrect: government

The government sought to set the record straight on December 22 after local media outlets erroneously reported that the Kingdom’s public debt had reached $10 billion at the end of 2015. Without naming which media outlets had published the skewed figure, which was shared widely on ...

Laos’ Xekaman 3 dam break shuts off power to Vietnam

A break in a critical waterway shut down a hydro-electric dam in southern Laos and raised questions about the quality of construction at the facility that sends most of the power it generates to Vietnam. While officials said the Dec. 16 break in the Xekaman ...

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