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Cabinet Approves Integration of Suburban Railway Projects into a Single Contract

Bangkok: The Cabinet has approved the consolidation of the Red Line and Light Red Line suburban railway projects into a single project for the Siriraj – Taling Chan – Salaya section. This strategic move aims to streamline procurement and hiring into one contract, effectively saving 1,671 million baht from the

Cabinet Clears Path for Private Sector to Lease U-Tapao Aircraft Maintenance Center

Bangkok: The cabinet has approved a new initiative allowing private companies to propose leasing the U-Tapao Aircraft Maintenance Center. This decision follows Thai Airways’ loss of its state enterprise status, which previously permitted it to co-invest in the facility. According to Thai News Agency, Mr. Anukul Prueksanusak, the deputy government

Transport Ministry Receives 40 Billion Baht for Economic Stimulus

Bangkok: The Ministry of Transport has been allocated a 40 billion baht budget as part of an economic stimulus package, as revealed by Mr. Suriya Juangroongruangkit, the Minister of Transport. He emphasized the importance of negotiations between Airports of Thailand (AOT) and King Power to maintain existing benefits. According to

Thai Stocks Edge Up Slightly Amid Global Uncertainty

Bangkok: Thai stocks closed this morning with a modest increase of 1.71 points, marking a 0.15% rise to reach 1,116.20 points. The trading value was approximately 15,835 million baht. According to Thai News Agency, analysts highlighted that the Thai stock market’s performance lagged behind the regional markets, despite signs of

Bangchak Launches ‘HERCuRO’ Lubricant for Heavy-Duty Diesel Engines

Bangkok: Bangchak Corporation Public Company Limited has made a strategic move into the truck lubricant market with the introduction of its latest product, ‘Bangchak HERCuRO’. Designed for large diesel engines, this new lubricant extends the oil change interval to 80,000 kilometers. According to Thai News Agency, Mr. Seri Anupanthanant, Senior

Pichai Set to Propose Initial Economic Stimulus Budget Amid Thai-US Negotiations

Bangkok: Pichai Chunhavajira, Deputy Prime Minister and Minister of Finance, announced preparations to propose the first economic stimulus budget, coinciding with the commencement of Thai-US trade and tariff negotiations. The discussions have progressed to the official level through online platforms, with adjustments made to the initial proposal based on previously

Oil Fund to Increase Diesel Subsidies Amid Rising Global Oil Prices

Bangkok: The Oil Fund will increase diesel subsidies by another 50 satang per liter, effective tomorrow, to stabilize pump prices and mitigate the impact of global oil price fluctuations resulting from Middle East tensions. According to Thai News Agency, Mr. Pornchai Chirakulpaisan, Director of the Policy and Planning Office at

Ministry of Energy Takes Measures to Address Impact of Israel-Iran Conflict

Bangkok: The Ministry of Energy is actively preparing to manage the impact of the ongoing conflict between Israel and Iran, focusing on both oil and gas reserves. The current strategy ensures that energy supply remains stable, and a mechanism is in place to manage oil prices through the Oil Fund.