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Lack of transparency set to delay Thailand’s 3G auction

Good News ! It looks like Thailand is now well set to have its 3G network working for 2015, when the AEC free trade zone will kick in. Thailand’s 3G magnificent soap opera is still rolling, for the entire benefit of some big fat cats you will never know.

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TRUE truemove 3G

Good News ! It looks like Thailand is now well set to have its 3G network working for 2015, when the AEC free trade zone will kick in. Thailand’s 3G magnificent soap opera is still rolling, for the entire benefit of some big fat cats you will never know.Who cares for transparency anyway ? With 3G granted to state monopoly, private companies will now have to approach TOT and CAT if they want to take part in this new, lucrative market, without clear and transparent rules.

TRUE truemove 3G

In the end, the botched 3G auction seemed to have been just a convenient, but costly, way to get rid of any private or foreign competitors to enter the game.

TOT Plc may have to postpone its planned auction for its nationwide third-generation 3G wireless broadband expansion in the wake of allegations by some bidders of unfair treatment and poor transparency.

One possible explanation of 3G fiasco may be that Private operators in Thailand currently operate second-generation mobile-phone services under concessions granted by either TOT or CAT Telecom, which require revenue sharing of around 20%-30% with the state companies. With the new 3G concessions, the share would drop to a mere 5%

Chuti Krairiksh, the Information and Communications Technology minister, admitted he could not guarantee that the auction for the project worth almost 20 billion baht could take place on Friday as scheduled.

Ericsson of Sweden and ZTE Corporation of China last week accused the state telecom enterprise of being non-transparent, after TOT announced that the two contenders had been tentatively ruled out after preliminary screening.

In the end, the botched 3G auction seemed to have been just a convenient, but costly, way to get rid of any private or foreign competitors to enter the game.
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Investment

Thailand’s H1 Investment Applications rise 158% in combined value, BOI says

Japanese firms ranked first with 87 projects worth 42.8 billion baht, followed by investments from the U.S. with 18 projects worth 24.1 billion baht, and China with 63 projects worth 18.6 billion baht.

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In the first six months of 2021, Thailand’s investment applications increased 14% from the year earlier period in terms of the number of projects, and 158% in combined value, led by increasing foreign direct investment (FDI) applications, sustained growth in target industries including the electronics and medical sectors, as well as in power generation, the Thailand Board of Investment (BOI) said.

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Business

Large Shopping Malls in Bangkok Will Be Closed until July 25th

Shopping malls under the Mall Group, including all branches of The Mall, the Emporium, Emquartier and Paragon Department Store, are also closed for 14 days, from today, except for supermarkets, food courts, pharmacy shops, eateries (take-out and delivery only), banks, mobile phone shops and vaccination sites.

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BANGKOK (NNT) – Large-scale shopping malls in Bangkok and in some dark-red zone provinces are now closed for two weeks, to comply with the latest COVID-19 curbs in 10 provinces.

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