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Old September 26th, 2019, 03:37 PM   #4141
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Thanachart Bank and Thai Military Bank have concluded the deals for merging to be done in 2021 as TMBThanachart Bank

Shareholder proportions:
ING - 21.3%
TCAP PCL - 20.4%
Ministry of Finance - 18.4%
Bank of Novascotia - 5.6%
Minor shareholders- 34.3%

This deal has effectively double the assets to almost 2 trillion Baht with 10 million customers - with less than 10% overlapping - Need 130000 Million Baht for new capitalization - and Thanachart Bank will return the license to Bank of Thailand in 2021 after the merging has been completed

Hope that those bank workers will work in the new bank - not being kicked out after finishing the merging
https://www.tmbbank.com/newsroom/new...nsolidate.html
https://www.posttoday.com/finance-stock/news/597261
https://workpointnews.com/2019/08/09...ge-thanachart/
https://www.matichon.co.th/news-monitor/news_1683351
https://www.thairath.co.th/news/busi...anking/1634201
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Old September 27th, 2019, 03:40 PM   #4142
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After Rector of Thammasart University, Rangsit Campus has raised the issue on the progress of Red line commuter extension to Thammasart University Rangsit campus, Minister of Transport has given the answer that the bidding for this 8.8 km extension with a price tag of 6,570.40 Million Baht will be held in December 2019 and the construction can be started in June 2020 before opening in April 2023. BTW, the construction of Bangsue Central and the track to Chatuchak station is now 86.01% done while the section from Samian Naree to Rangsit is now 99.56% done and the electrification and new EMUs are 45.06% done to be opened in January 2021. LRT along Rangsit canal to connect Rangsit station with SWU Ongkharak campus is under consideration even it means to have a friction with the local don of Pathum Thani https://mgronline.com/business/detail/9620000093424
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Old September 27th, 2019, 04:15 PM   #4143
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Form the latest news, we have learnt that the construction of 20 km section from Phayathai to Bangsue central all the way to Donmueang (20 km) can consume the time as much as the construction from Lad Krabang to U-Tapao (200 km) due to the issue of tunnel section from Phayathai to Bangsue and Chitladda Triangle along with tunnels for red line commuter extension - not to mention about slum dwellers - the other issue is the removal of oil and gas pipelines along with sewage pipeline and waterwork pipelines on railway land

https://mgronline.com/specialscoop/detail/9620000093110
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Old September 30th, 2019, 02:56 PM   #4144
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Bangkok Bank Kuala Lumpur

Colourful Malaysia by Jacky Yap Boon Thin, on Flickr
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Old October 2nd, 2019, 05:03 PM   #4145
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Dilemma for CP on the contract signing for High Speed train connecting 3 airports - If signing, they are going to bear the heavy initial cost while they failed to get the deal of U-Tapao Airport to get revenue to finance the construction cost - not signing means being blacklisted for government contracts in addition to the confication of 2 billion Baht deposit
https://www.bangkokbiznews.com/news/detail/849369

How Hua Hin station area would become after finishing the double tracking project. Furthermore, we have learnt from the news that the existing Hua Hin Railway station will become a museum to record the story of Hua Hin Railway station from the opening on 25 Novembere 1911
https://www.facebook.com/southtwintr...904?__tn__=H-R
https://www.banmuang.co.th/news/region/165081
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Last edited by Wisarut; October 2nd, 2019 at 05:15 PM. Reason: Addendum
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Old October 4th, 2019, 12:48 PM   #4146
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Obstructive elements lying ahead for the construction of High Speed train connecting 3 Airports - need to make a serious discusion with minitry of Energy along with MEA, PEA, EGAT, PTT, BMA



1. Phyathai - Donmueang - 20 km that took the same time period as constructing the line from Suvannabhum - U-Tapao which is about 200 km long





1. Phyathai - Donmueang - 20 km that took the same time period as constructing the line from Suvannabhum - U-Tapao which is about 200 km long
1.1 Slum dwellers on Railway land
1.2 Jet fuel pipelines of FPT from Wat Samian Naree to Donmueang International airport (11 km) along with the oil pipelines of FPT along railway track near Samsen station (3 km) and oil pipelines of FPT at Chitladda Triangle near Rama 6 road
1.3 PTT Gas station and Highway Dept
1.4 Water pump building of Ramadhibodee Hospital.
1.5 the Nurse Dormitory of Ramadhibodee Hospital.
1.6 BMA Giant tunnel at Bangsue and siphon pipeline under Samsen canal
1.7 MWA Water Main pipelines
1.8 EGAT's 500 KVAC power lines and power poles connecting to North Bangkok Power
1.9 MEA's 12-24 KVAC power lines and power poles near Donmueang
1.10 Hopewell's 200 pillars
1.11 Oil and Gas pipelines of PTT

After clearing the obstructive elements, next on the line is to dig the tunnels for both High Speed trains for 3 airports and red line commuter extension from Phyathai to the area behind VIjaiyut Hospital with 10 meter depth and 4 km long

2. Makkasan - Suvannabhum
2.1 Slum dwellers on Railway land
2.2 railway tracks and turnouts
2.3 EGAT's 230 KVAC power lines and power poles
2.4 Jet fuel pipelines of FPT to Suvannabhum International airport
2.5 MEA's 12-24 KVAC power lines and power poles near Ladkrabang




3. Suvannabhum - U-Tapao
3.1 EGAT's 500 KVAC power lines and power poles from Bang Pakong Power Plant - critical one since this one is National Grid
3.2 EGAT's 230 KVAC power lines and power poles
3.3 Oil Pipelines of TAP Line with the distance of 44 km from Lad Krabang road km 68 including block stations and block valves
3.4 New land for New Chachoengsao station - 1 km North of existing Chachoengsao Junciton
3.5 Old Telegraph Poles of SRT from Lad Krabang station (77 km)
3.6 Powerlines of PEA (11 points)
Land transfers by SRT must be 72% done in 1 year - and government will work to facilitate CP to handle the construction

Further discussion with Big Too will be held on 7 October 2019
https://www.prachachat.net/property/news-377948
https://www.matichon.co.th/news-monitor/news_1697527
https://mgronline.com/specialscoop/detail/9620000095565
https://www.ryt9.com/s/iq03/3050557
https://www.matichon.co.th/news-monitor/news_1697527
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Last edited by Wisarut; October 4th, 2019 at 01:41 PM. Reason: Addendum
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Old October 7th, 2019, 01:10 PM   #4147
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First 2 months after opening the extension to Ha Yaek Lad Phrao has shown about 35,000 more passengers, so it is expected that the number of passengers will be boosted up to 100,000 passengers a day once the section has been extended to Kasetsart University (with 4 stations including Phahonyothin 24 (N10) Ratchayothin (N11) Senanikhom (N12) and Kasetsart University (N13) on 5 December 2019.

Furthermore, the expected number of passengers will go up to 200,000 passengers a day once the whole section from Mochit to Khoo Khot has been fully opened by the end of 2020
https://www.prachachat.net/property/news-378642
https://www.tnnthailand.com/content/18466
https://www.thansettakij.com/content/411444
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Old October 8th, 2019, 01:46 PM   #4148
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5 New routes for mass transit in BKK once 10-12 lines of mass transits are done

1. 12-km LRT from Rangsit station to Thanyaburi as feeder to red line commuter with total sitance of 12 km (definitely near Kanchanaphisek ring at Wat Mun Jindaram). This is due to popular demand and it is a substitute of the boat service along Rangsit canal which failed to materialize due to the issue of water level controlling. This would also allow those who have a drop at Future park rangsit to have mass transit access. Furthermore, the constrain of space have made tollway along Rangsit canal impossible.

2. 14-km Ram Indra - Lam Lookka as the extension of Grey line Monorail from Watcharaphon Intersection of Ram Indra road to Thong Lor since the idea of BRT on this section has found to be insufficient for growing suburb villages along Watcharaphon road. This line is to connect Grey line monorail with BTS Skytrain extension from Khoo Khot to Lam Lookka.

3. 42-km BTS Bang Wah - Talingchan - Nonthaburi - Bang Kapi (at Lam Salee intersection). Even though there will be brown line Monorail from Kae Rai to Lam Salee and BTS SKytrain extension from Bang Wah to Taling Chan, there is still a bone of contenstion from Taling Chan to Kae Rai via Nonthaburi at Ministry of Public Health MRT station

4. 33-km LRT from Maenam Station to SUvannabhum Airport. Even though BTS making a clear point to implement this LRT line from Bang Na to Thana city before extending to Southern terminal of Suvannabhum International Airport, there is a bone of contention before going from Bang Na along Naval Ordinance road and the old Paknam railway road to Maenam station

5. 30-km Southern bus terminal to Lak Si - this one still have very vague ground to implement.

However, real estate developers such as Prueksa Real Estate PCL have to take a seriously careful movement after the hard lesson learnt from Purple Line MRT which caused the oversupply of condominiums that become the great loss
https://www.thansettakij.com/content/411275
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Old October 8th, 2019, 03:12 PM   #4149
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Ha Yaek Lad Phrao during Morning rush hour

https://www.facebook.com/KrungthepTh...07705802639780


the reason why it is not possible to open the green line all the way to Khoo Khot by the end of 2019: the power stations not fully installed while there are not enough numbers of EMUs to run such a long service
https://www.facebook.com/gtlchanelon...39008286738822
https://www.youtube.com/watch?v=7YeQb_uGDUo
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Old October 10th, 2019, 03:19 PM   #4150
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The settlement by the newly appointed SRT Board (to be appointed by the cabinet on 15 October 2019) before signing the contract for High Speed train connecting 3 airports on 25 October 2019

1. the immediately settled area: the existing Airport Link from Phayathai to Suvannabhum with the distance of 28 km

2. the easily settled area: Suvannabhum - U-Tapao with the distance of 170 km to be settled within 15 months

3. the difficult area for settlement: Phayathai - Donmueang with the distance of 22 km due to the obstrutive elements to be handled by 3 ministers and 8 agencies

(BMA - MEA - EGAT - PEA - FPT - Thai Petroleum Pipeline - PTT - MWA) including High Voltage Power lines at 230 points, BMA water draining tunnel,

4 km oil pipeline, 450 km of power line with electric poles by MEA, 80 km of the old SRT telegraph poles (now carrying fiber optics instead of the

real telegraph lines) - this to be transfer within 27 months.

Hope that the first section from Phayathai to U-Tapao to be opened by the end of 2024 and the section that connect Donmueang with Phayathai to be done by the end of 2025.

https://www.thansettakij.com/content/411747

https://news.thaipbs.or.th/content/285074
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Old October 11th, 2019, 06:04 AM   #4151
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Quote:
Originally Posted by ddes View Post
I feel that the rail link is short sighted.

I thought there was a potential airport site northwest at Ayutthaya? And Hua Hin? I regularly fly into Bangkok, and I find it's a dangerous dance for approaches into DMK as it passes through and over and under BKK flight paths.
the section to Ayutthaya has to be handled by Thai - China High Speed train for sure! - Never forget that the section from Bangsue Central to Donmueang are on the same space as High Speed train connecting three airport but it has to be either stacking up or globbling the rest of railway land strip of 80 meter wide!

Billionaire Charoen are waiting to see the way CP is handling High Speed train connecting Three Airports which is going to pass Sri Racha and Pataya area though before making further decision for the High Speed along the SOuthern line.

There are demands for the passenger train service to Eastern Seaboard but SRT failed to provide more trains, so this High Speed train connecting Three Airports is to give the answer for such demands.
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Old October 15th, 2019, 09:18 AM   #4152
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Quote:
Just 500 people own 36% of all equity in Thai firms

BANGKOK: About 36% of Thailand’s corporate equity is concentrated in the hands of just 500 people, highlighting wealth inequality in the country, a study released by the Bank of Thailand’s research institute shows.

Each of these 500 on average amasses 3.1 billion baht (US$102 million) in company profits annually, according to the report from the Puey Ungphakorn Institute for Economic Research.

In contrast, average yearly household income is about US$10,000.

Thailand’s private sector is dominated by tycoons at the helm of sprawling conglomerates. The gap between the well-off and the rest in a population of 69 million is among the challenges for the economy, according to the Word Bank.

“Magnates arise in Thailand from institutional factors that privilege certain businesses,” Krislert Samphantharak, the author of the study and the executive director of the Puey Ungphakorn institute, said in an interview.

The institute said Thailand needs to promote competitiveness to reduce profits from monopoly power, and bolster entrepreneurship to help create a more equitable distribution of corporate wealth.

The research is based on an analysis of Commerce Ministry data on the 2.1 million shareholders in Thai firms in 2017. Krislert said the study was funded by the University of California San Diego, where he is an associate professor at the School of Global Policy & Strategy.

The Thai government is trying to tackle inequality by boosting welfare handouts for the least well off.

But the perception of a growing divide exacerbated by an economic slowdown is one of the nation’s biggest political fault-lines.
https://www.bloomberg.com/news/artic...ailand-s-firms
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Old October 15th, 2019, 10:10 AM   #4153
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the first 2 sets of EMUs from Hitachi have reached Laem Chabang Deep Sea Port on 12 October 2019 - now being stored at the depot in Bangsue before the ceremony of delivery on 1 November 2019
https://www.youtube.com/watch?v=UVfF70boStk
https://www.thansettakij.com/content/411949
https://www.thebangkokinsight.com/222587/
https://mgronline.com/business/detail/9620000098623
https://www.facebook.com/pr.railway/...81257641889087
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Old Today, 09:00 AM   #4154
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