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Claims Vietnam set for a Thai-style financial crisis prove unfounded

BMA sorely needs financial advisers

On Sept 7, 2022, the Central Administrative Court ordered the Bangkok Metropolitan Authority (BMA) and its wholly owned subsidiary Krungthep Thanakom (KT) to pay Bangkok Mass Transit System Public Company (BTS) back overdue Operating and Maintenance (O&M) fees on extensions 1 and 2 of the Green Line (Sky Train) in the amount of 11.75 billion baht within 180 days.

Thai economic contraction beckons

Why does the Thai economy risk facing an economic contraction in the second half of this year? The answer is simple.


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