Thailand

Golden Land ramps up investment budget

Date of Release: 
Mar 8 2016

SET­-listed developer Golden Land Property Development Plc (GOLD) has raised its annual land investment budget to 3 billion baht from the usual 1-2 billion after securing new funding in January.

According to Somboon Wasinchutchawal, senior executive vice-president for finance and accounting, new funds worth 4.97 billion baht were made available following a capital injection by a new shareholder, Singapore-­listed property firm Frasers Centrepoint Limited, through its subsidiary Frasers Property Holdings (Thailand) Co.

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Academics warn against political agendas influencing environmentalism in Sasin case

Date of Release: 
Mar 7 2016

ENVIRONMENTALISTS ARE being targeted by political attacks again with the public speculating about the political agenda behind their activism, while academics insist that environmental issues cannot be separated from politics and that activists should be careful about confusing political interests with their campaigns.

Shortly after the Irrigation Department suggested that Prime Minister Prayut Chan-o-cha reconsider the Mae Wong Dam project, waves of verbal attacks the hit the prominent environmentalist Sasin Chalermlarp, most heavily from the "red shirt" side of the political spectrum.

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Network opposes renewal of gold miner's licence

Date of Release: 
Mar 8 2016

A network of people affected by gold mining in Phichit and Phetchabun provinces is campaigning against any renewal of the licence of the country's largest gold miner, Akara Resources Ltd, which expires on May 31.

About 60 representatives of the network on Tuesday petitioned Prime Minister Prayut Chan-o-cha, chief of the National Council for Peace and Order (NCPO), to disallow the licence renewal.

The complaint was lodged at the complaints centre at the PM’s office of the permanent secretary’s public service centre.

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Thailand drafting plan to end annual smoke haze in SE Asia

Date of Release: 
Mar 7 2016

CHIANG MAI – Thailand is taking the lead in drafting a plan to set Asean on the road to becoming haze-free, hopefully controlling the annual smog that settles across the region from farmers burning off fields and forests.

The initiative emerged from a meeting of a working group of senior Asean officials in Chiang Mai, chaired by Natural Resources and Environment Minister Gen Surasak Karnjanarat, to draft a roadmap for a sustainable solution to the problem.

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Activists slam 'fast-track' order

Date of Release: 
Mar 10 2016

A grassroots network has lashed out at the use of special powers to "fast track" mandatory environmental impact assessments (EIA) for megaprojects.

A network of 46 civic groups, including Sueb Nakhasathien Foundation (SNF) and the Stop Global Warming Association (SGWA), issued a statement Wednesday, calling on the government to scrap an order issued on Monday by Prime Minister Prayut Chan-o-cha, in his capacity as the National Council for Peace and Order (NCPO) chief.

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Court revokes order setting up Rayong industrial estate

Date of Release: 
Mar 9 2016

RAYONG – Villagers in Muang district have won a long-running case in the Administrative Court, which on Wednesday revoked the order establishing the Lakchai Muang Yang industrial estate in their area.

The LK-Rubber Industrial City Hub was being developed by Bangkok-based Tribeca Enterprise Co Ltd, a subsidiary of rubber firm Thai Hua group.

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Junta order well-intentioned, but is it the right way?

Date of Release: 
Mar 11 2016

Activists see this order as bringing cheer to the business sector, but suffering to people.

The junta's order can be seen as an attempt to boost the economy by investment spending considering the withering exports.

Since Prime Minister Prayut Chan-o-cha took power in 2014, a number of projects that were supposed to have taken off have fallen short of the government's target. One of the main reasons is the long period required for the EIA process, resulting in construction costs and compensation for land expropriation surging. Some projects took as long as eight years to pass the EIA.

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NCPO order number 9/2559 defended

Date of Release: 
Mar 10 2016

Mrs Raweewan Phuridet, secretary-general of ONREPP, disclosed Thursday that there is now a backlog of some 2,400 projects under consideration regarding their environment impacts assessment studies.

Since the deliberation process is lengthy and time consuming, she said that order number 9/2559 which will help speed up the implementation of over 70 major projects, especially transport mega projects.

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