Key Data
Inflation and Gross National Savings
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Month: March 2014
Vietnam begins construction of its longest sea bridge
Vietnam has begun the construction of its longest sea bridge linking Haiphong City to Lach Huyen port. The 5.4 km Tan Vu–Lach Huyen bridge, with a total width of 16 metres, will have four lanes. The construction cost is...
Read MoreMPIC plans to invest in two road projects in Vietnam
Philippines-based infrastructure holding firm MPIC along with Hong Kong-based parent conglomerate First Pacific Company Limited plans to invest in two road projects in Vietnam. The projects are currently in the preliminary...
Read MoreNBTC grants approval to offer long term evolution services using spectrum in 2100 MHz band
NBTC has granted approval to Dtac’s proposal to offer LTE services using spectrum in the 2100 MHz band. The operator intends to deploy LTE base transceiver stations at 200 tower sites in Bangkok and 100 sites in other cities....
Read MoreBMTA to procure 3,183 buses in 2014
The Bangkok Mass Transit Authority (BMTA) is planning to purchase 3,183 buses in May 2014. These buses that will run on natural gas are expected to be deployed on 108 routes in Bangkok. Of the total number of buses to be...
Read MoreNBTC issues details of its plan to auction 4G licences
Thailand’s National Broadcasting and Telecommunications Commission (NBTC) has issued details of its plan to auction additional 4G licences. The auction will take place in three phases till September 2015. Under the auction, NBTC...
Read MoreThailand to have joint ticket system for MRT and BTS by late 2015
Operators of the Bangkok Mass Transit System Skytrain and the underground mass rapid transit services will issue joint tickets from late 2015 onwards. Six companies, including South Korea’s Lotte Group and Spain’s Indra...
Read MoreAirport of Thailand to expand Suvarnabhumi airport
Airports of Thailand will proceed with the design of the second phase of Suvarnabhumi airport (Bangkok’s international airport) at a cost of 1.3 billion baht in April 2014. Construction work is expected to begin in August 2014....
Read MoreLaunch of TAAX delays amidst civil unrest
The launch of the long-haul, low-fare Thai Asia X (TAAX) airline, planned for March 2014, has been delayed amidst the civil unrest in the country. TAAX has deployed one Airbus 330-300 aircraft at Bangkok’s Don Mueang airport...
Read MoreBangkok Airways places order for six aircraft with ATR
Bangkok Airways has placed an order worth about $200 million for six aircraft with French manufacturer Aerei da Trasporto Regionale (ATR). The purchase of ATR 72-600s, along with options for two additional aircraft, is part of...
Read MoreThailand’s Marine Department to revamp two major ports in Phangnga province
The Marine Department plans to revamp Thailand’s two major ports: Thap Lamu and Kuraburi. The project will be undertaken to overcome the issue of overcrowding and restore the decrepit port infrastructure. The Marine Department...
Read MoreShell delays plans to provide LNG to Thailand’s transport sector amidst political instability
Netherlands-based Royal Dutch Shell (Shell) has delayed its plans to provide LNG to Thailand’s transport sector. The country’s political instability has affected the issuance of the necessary policy and investment promotion...
Read MoreMPIC seeks investment opportunities in Thailand
The Philippines-based infrastructure holding firm Metro Pacific Investments Corporation (MPIC) plans to raise its stake to about 50 per cent in FPM Infrastructure Holdings Limited – a JV it has formed with Hong Kong-based parent...
Read MoreThailand’s EGAT mulls LNG imports in Prachuap Khiri Khan
State-owned Electricity Generating Authority of Thailand (EGAT) is planning to import LNG through its subsidiary to cut its reliance on the current sole importer, PTT Plc. At present, the power utility is conducting a...
Read MoreSingTel awards a contract to Ericsson for providing LTE services
SingTel has awarded a contract to Ericsson to provide technological support for long term evolution (LTE) services. Ericsson will deploy the LTE-Advanced network in 2014 to offer high speed broadband connectivity, with a...
Read MoreTemasek Holdings planning to sell its 41.6 per cent stake in InTouch
Singapore state investment vehicle Temasek Holdings is reportedly planning to sell its 41.6 per cent stake in Thailand-based telecom company InTouch, the parent company of Advanced Info Service (AIS). Temasek Holdings that holds...
Read MoreSingapore LTA awards three contracts under the Thomson Line metro project
Singapore’s Land Transport Authority (LTA) has awarded three contracts worth S$1.09 billion for the construction of the Thomson Line stations: The first contract, awarded to Penta-Ocean Construction Company Private Limited,...
Read MoreSingapore Airlines and Turkish Airlines sign code sharing agreement
Singapore Airlines has signed a code sharing agreement with Turkish Airlines. The agreement will allow Singapore Airlines to operate beyond Istanbul in destinations situated in Africa, Europe, the Middle East, and Africa. From...
Read MorePSA International secures a 10-year O&M contract to handle containers at India’s Kolkata port
PSA International has secured a 10-year operation and maintenance contract to handle containers from five berths at the Netaji Subhas Dock of Kolkata port in India. Of the five berths at the port, three will be mechanised, while...
Read MoreScoot to induct 787-9s from late 2014
Scoot, a low-cost subsidiary of Singapore Airlines, is preparing to begin operating 375-seater 787-9s from late 2014. Currently, Scoot has a fleet of six 777-200s that will be replaced by 787s, starting from mid-2015. The...
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