Thailand’s economic outlook has recently been shaped by a complex mix of internal challenges and external pressures, with significant developments affecting investor sentiment and growth projections.
According to Bangkok Post, the investor confidence index (ICI), as measured by the Federation of Thai Capital Market Organizations (FETCO), dropped to the bearish zone in February from neutral the previous month.
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Both Thailand and Malaysia boast dynamic economies fuelled by their common commitment to the shipping sector.
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Thailand is to invest around US$15 billion in transport infrastructure, including upgrades to its key container port, Laem Chabang, in order to boost economic growth.
The Prime Minister’s office said, “The Thai government is currently promoting several large-scale water transport projects, including an industrial port development project in the Eastern Economic Corridor (EEC) district.”
It is hoped that building up Thailand’s waterway transportation network will boost international trade with the...
Thai utility group Gulf Energy Development, Thai state-owned oil and gas company PTT and Chinese state-owned marine civil engineering group China Harbour Engineering Co (CHEC) have formed a consortium, GPC International Terminals, to build two container terminals in Thailand’s largest port, Laem Chabang.
Owned by Thai billionaire Sarath Ratanavadi, Gulf Energy is Thailand’s largest privately owned utility group and has a 40% stake in GPC, with PTT and CHEC each holding …
The post Thai-Chinese...
https://theloadstar.com/thai-chinese-consortium-to-build-laem-chabang-phase-iii-container-terminals/
Thai authorities have responded to an incident wherein two feeder containerships collided with each other on the Chao Phraya River in Samut Prakan province on Tuesday, No ..
Ocean Network Express (ONE) held a welcome event on 26 November 2018 to celebrate the maiden call of its ONE COLUMBA vessel at the Thai port of Laem Chabang. The arrival was in fact a significant milestone for the entire maritime trade of Thailand as it marks the largest container vessel ever to call upon the “Land of Smiles”.
The event was graced by key dignitaries and trade representatives from Japan and Thailand including, His Excellency Mr. Shiro Sadoshima (Ambassador of Japan to Thailand),...
http://container-news.com/one-arrival-largest-boxship-thailand/