Mass Rapid Transit Authority of Thailand has signed three contracts for project management on the 23.6km extension of the Purple Line metro in Bangkok.
Deputy Prime Minister and Public Health Minister Anutin Charnvirakul said two companies sought his advice after they were unsuccessful in bidding for a water production project.
The Mass Rapid Transit Authority signed contracts with five companies on Friday for the construction of the extension of the Purple Line, with the work expected to start this year.
The Thai stock market had a bullish start to 2022 thanks to positive global market sentiment and foreign capital inflows to the Thai banking and energy sectors after concerns over Omicron eased.
The Monetary Policy Committee's cut in the Bank of Thailand's benchmark interest rate last week was totally unexpected, and the one-year bond yield plunged from above 3 per cent to 2.86 per cent. As this widens the earning yield gap (between one-year bond