The Nation

THE NATION Search results

About 196 result

Advanced Search

Select the date range to search for

  • November 20, 2015


    The State Railway of Thailand opened the bidding for two contracts worth Bt10.5 billion to construct a double-track railroad from Chachengsao-Khlong 19-Kang Koi Chachoengsao through Khlong 19 to Kang Koi. The first contract worth Bt9.92 billion saw six firms competing and the winner offered Bt9.82 billion. The second contract...

  • November 13, 2015


    The Treasury Department plans to start development of a prime site owned by the State Railway of Thailand in Bangkok's Makkasan area in the middle of next year after securing a lease for the land in January or February. The Cabinet assigned the department to develop land owned by the SRT in exchange for assuming the SRT...

  • November 12, 2015

    A country where everyone is corrupt, even grandmothers

    In April 2014, reports emerged that President Robert Mugabe of Zimbabwe, not known for parsimonious public spending, had warned his generals not to make the country like Nigeria and Kenya, "where you have to reach into your pocket to get anything done". Mugabe's statement brought an outcry within Kenya...

  • November 12, 2015

    High hopes for IPR upgrade

    The government has high expectations that Washington will upgrade the Kingdom's status to the Watch List next year following the passage of many IPR-related laws and the serious suppression of illegal goods. Nuntawan Sakuntanaga, director-general of the Intellectual Property Department, said the US should...

  • November 11, 2015

    Tax ceiling stays at 35

    "The extension does not include the lowering of the ceiling because the Revenue Department is still considering a new tax structure that is expected to be effective by 2017," Finance Minister Apisak Tantivorawong said. The government wants to lower the seven brackets of personal-income-tax rates so that...

  • November 10, 2015

    Four agencies have until March to buck up

    Thai Airways International (THAI), the Bangkok Mass Transit Authority (BMTA), the State Railway of Thailand (SRT) and CAT Telecom have been named by the State Enterprise Policy Office (SEPO) as the four bodies still lagging behind. The Small and Medium Enterprise Development Bank of Thailand, Islamic Bank and TOT have, so far, managed...

  • November 4, 2015

    Cabinet demands rehab plans from THAI and others

    All the three loss-losing state enterprises are under the supervision of the Transport Ministry. Transport Minister Arkhom Termpittayapaisith said that the plans would be forwarded to Prime Minister Gen Prayut Chan-o-cha. "Loss-making state enterprises like THAI need rehabilitation and their employees must...

  • November 3, 2015

    BMTA and SRT fail service assessment 'but are safe'

    The Ministry of Finance report on public services for the last financial year focused on performance indicators. It found the BMTA passed just two of four indicators and the SRT passed only two of six indicators. The reported was handed to Cabinet on Tuesday. In terms of customer satisfaction, the BMTA recorded...

  • October 29, 2015

    AOT to give record bonus

    Prasong Poontaneat, director-general of the Revenue Department and chairman of the listed state enterprise, said yesterday that in the first nine months, AOT earned Bt12.9 billion in net profit. Net profit was Bt12.2 billion for the whole previous fiscal year. Passengers increased to 106 million and several...

  • October 28, 2015


    The Bir Seba petroleum field in the Algeria 433a & 416b project has started yielding oil, underscoring the first production project of PTT Exploration and Production on the African continent. The field has already achieved production of about 20,000 barrels per day, corresponding to the nominal...