BTS urges Prayut s intervention in bid dispute
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published : 10 Mar 2021 at 05:39
11 The construction of the Orange Line is underway on Ramkhamhaeng Road in Bangkok. (Bangkok Post file photo)
BTS Group Holdings Plc on Tuesday asked Prime Minister Prayut Chan-o-cha to intervene in its legal dispute with Mass Rapid Transit Authority of Thailand (MRTA) over the opening of new bidding for the western section of the MRT Orange Line.
BTS Group Holdings is the majority shareholder in Bangkok Mass Transit System Plc (BTSC), the operator of the BTS Skytrain and the Bangkok BRT.
It was one of the two contenders participating in the first round of bidding for the project, which was eventually cancelled by the MRTA on Feb 3.
Test run of Red Line delayed 4 months
Train services from Hua Lamphong to be cut
published : 10 Mar 2021 at 19:47
32 The test run for Bangkok s Red Line will be postponed from March 26 to July 28. (Photo by Chanat Katanyu)
The test run of Bangkok s Red Line rail service has been postponed until July, while the number of the trains using Hua Lamphong station is to be reduced to 22 trips per day, focusing on the rush hours only.
Transport Minister Saksayam Chidchob said on Wednesday that when the State Railway of Thailand celebrates its anniversary on March 26, it would only inspect the Red Line Bang Sue-Rangsit and Bang Sue-Taling Chan railway line and facilities, instead of launching the test run as earlier planned.
Purple Line construction won t damage old temple
published : 9 Mar 2021 at 08:00
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The Mass Rapid Transit Authority of Thailand (MRTA) on Monday reiterated its promise to minimise the impact of the construction of the Purple Line rail project on the premises of the centuries old Wat Iam Woranuch.
Kittikorn Tanpao, deputy governor of the MRTA, said while some structures on the temple grounds could be affected by the construction project, the 237-year-old chapel and pagoda would not be demolished.
He said the bidding process for the Purple Line is not taking place, so talks are still going on. He noted that it is the Ministry of Transport s decision that the chapel and pagoda must not be appropriated and demolished.
Chapel, pagoda won t be razed for rail line
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published : 6 Mar 2021 at 08:22 A vendor walks past Viharn Luang Pu Thuad in Wat Iam Woranuch.
The Mass Rapid Transit Authority of Thailand (MRTA) on Friday came out to assure that the 237-year-old chapel and pagoda on the grounds of Wat Iam Woranuch in Bangkok s Phra Nakhon district will not be demolished by the Purple Line rail project.
In a statement, the MRTA, the state agency overseeing the project, insisted the chapel and century-plus old pagoda would not be expropriated as feared, and promised only a limited impact from the construction on the temple premises.
Shares sink, bond yields jump amid inflation fears
published : 27 Feb 2021 at 04:00
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Recap: Global shares plummeted as a bond selloff reflected growing fears that a strong global economic recovery will fan inflation and force interest rates higher. Asian shares led by Tokyo, Hong Kong, Mumbai, Taipei, Sydney and Shanghai all retreated.
Thailand s market was spared from any immediate fallout as it was closed for a holiday. The SET index moved in a range of 1,476.5 and 1,511.30 points on the week and finished on Thursday at 1,496.78, a decrease of 0.2% from the previous week, in daily turnover averaging 95.83 billion baht.
Retail investors were the only net buyers this week, at 15.09 billion baht. Foreign investors were net sellers of 10.28 billion, institutional investors sold 2.97 billion and brokerage firms offloaded 1.85 billion baht worth of shares.