Economy and industry

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% ...

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 ...

Seven bridges along Road No. 6A and water supply projects officially opened for use in Huaphan province on December 23, aiming to boost socio-economic development and poverty reduction efforts. Prime Minister Thongloun Sisoulith was honoured to open the projects in ceremonies that were attended by ...

Construction of the Laos-China railway to link Vientiane with the Chinese border will finally get underway following an official ceremony held in Luang Prabang province on December 25. In his remarks at the ceremony, Minister of Public Works and Transport Dr Bounchanh Sinthavong said actual ...

Cambodia’s airport partner French concessionaire Vinci on December 24 held the ground-breaking ceremony for the extension of the terminal and taxiway at Sihanoukville International Airport to accommodate up to 500,000 tourists a year to visit the province, said officials. Sihanoukville International Airport received 100,000 tourists last ...

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 ...

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 ...

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 ...

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 ...

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 ...