News
Thailand Future Fund IPO delayed by cost concerns
The planned initial public offering of the Thailand Future Fund will be pushed back for another three months to September as concerns over the cost of launching the fund continue. Expressway Authority of Thailand, the owner of two expressways to be pooled as underlying assets ...
Port to open bidding for B1.3bn container station
The Port Authority of Thailand plans to open bids for a container freight station project worth 1.3 billion baht at Bangkok port, known as Klong Toey port, this year. PAT director-general Sutthinan Hatthawong said bidding will be held to seek a contractor to build the ...
Thailand, Japan conclude Bilateral Swap Arrangement
The Bank of Thailand and the Bank of Japan have signed an agreement to govern the Bilateral Swap Arrangement (BSA), enabling both countries to exchange their currencies. The facility under the arrangement amounts to US$3 billion (102.4 billion baht), said Chantavarn Sucharitakul, assistant governor, corporate ...
Deadlock as PTT hit by big claim over oil spill
Thai firm alleges Indonesia refuses to settle after years of dispute and Bt70 billion suit filed in Court. The Indonesian government and Thailand’s PTT Exploration and Production plc are locked in a multi-billion-baht legal dispute over alleged environmental and other damages resulting from the massive 2009 Montara ...
Young inventors win with ‘Clean Boat’
Whiz Kids have come up with a number of clever inventions for water conservation at the Thailand Junior Water Prize 2017 contest. The Institute for the Promotion of Teaching Science and Technology has organised the annual competition since 2011 with the aim of encouraging young ...
Japan provides $200m loan to Cambodia for new port
The Japanese government has approved a US$200 million loan to Cambodia to build a second deep-sea port in the southwestern coastal city of Sihanoukville, a Cambodian minister said on Saturday. The offer was confirmed when Japanese Land, Infrastructure, Transport and Tourism Minister Keiichi Ishii met ...
Bill endangers media survival
Prominent Media figures and rights activists are concerned whether the Thai media would survive suppression of press freedom in the wake of existing and future measures of the junta government. The source of the worry is the media regulation bill draft proposed by the junta-appointed ...
Southeast Asia education forum targets sustainable development
Education experts from 20 countries in Southeast Asia and around the world have gathered in Bangkok for the International Congress on Education for the 21st Century. The two-day event started on May 3 at the Berkeley Hotel Pratunam. Hosted by Thailand’s Education Ministry and the Southeast Asian ...
Bt2m aid for ‘mushroom pickers’
The Justice Fund will provide Bt2 million to help a couple apply for bail after the Supreme Court on Tuesday sentenced them to five years in prison for illegal logging in Dong Ranang national forest seven years ago, if their lawyer files a petition for ...
Private sector sees export growth rising by up to 3.5 per cent
A peak grouping of private-sector financial organisations has raised its forecast for this year’s export growth to 2-3.5 per cent amid a pick-up in the global economy. But the Joint Standing Committee on Commerce, Industry and Banking warns that uncertainties over the trade policies of the ...
