Thailand develops luxury rail services to boost tourism

Thailand’s Ministry of Transport is advancing plans to upgrade the country’s railway and tourism sectors by developing world-class luxury train services, leveraging newly enacted railway legislation to attract private investment and stimulate local economic growth.

Visitors to a pagoda in Bangkok, Thailand (Photo: Xinhua/VNA)
Visitors to a pagoda in Bangkok, Thailand (Photo: Xinhua/VNA)

Bangkok (VNA) – Thailand’s Ministry of Transport is advancing plans to upgrade the country’s railway and tourism sectors by developing world-class luxury train services, leveraging newly enacted railway legislation to attract private investment and stimulate local economic growth.

As reported by the Bangkok Post, Thai Deputy Prime Minister and Transport Minister Phiphat Ratchakitprakarn, accompanied by Deputy Transport Minister Siripong Angkasakulkiat, State Railway of Thailand (SRT) governor Anan Phonimdaeng, Department of Rail Transport deputy director-general Athiphu Chit-anukroh, and Piang-or Laohavilai, director of the Rail Technology Research and Development Institute, met executives from Minor International, one of the largest hospitality, restaurant, and lifestyle companies in the Asia-Pacific region, to discuss plans for a luxury tourist train project.

The meeting focused on creating a premium rail tourism experience aimed at generating sustainable revenue for the SRT while stimulating grassroots economic activity across the country.

Phiphat said the initiative aligns with the recently enacted Rail Transport Act, which opens the sector to greater private-sector participation in rail investment and operations.

He said the project would maximise the use of Thailand's rail infrastructure, attract high-spending international travellers, and channel tourism revenue to local communities along railway routes.

Thailand’s Transport Ministry also plans to coordinate with the Tourism and Sports Ministry and the Tourism Authority of Thailand to develop attractive rail tourism routes linking both major and secondary destinations, incorporating local stories and cultural experiences to enhance visitor appeal./.

VNA

See more

A fuel station in the Philippines. The Philippine economy expanded 2.8% in the first quarter, down from 3% in the previous quarter, weighed down by higher oil prices linked to the Middle East conflict and weaker public spending. (Photo: Xinhua/VNA)

Philippines to accelerate infrastructure spending to boost economic growth

Infrastructure spending has fallen sharply as government agencies, particularly the Department of Public Works and Highways (DPWH), adopted a more cautious approach to budget disbursement following an investigation into alleged irregularities involving multi-billion-PHP flood control projects.

At the European Commission headquarters in Brussels. (Photo: Xinhua/VNA)

Thailand pushes to expedite FTA negotiations with EU

The discussions centred on advancing the Thailand – EU FTA, addressing sensitive agricultural issues and sanitary and phytosanitary (SPS) measures, while laying the groundwork for a long-term strategic economic partnership amid global economic volatility.

Malaysia strengthens aerospace supply chain connectivity

Malaysia strengthens aerospace supply chain connectivity

To further support industry expansion, Malaysia has established dedicated aerospace parks such as Subang Aerotech Park, KLIA Aeropolis and Serendah Park, providing ready-built infrastructure designed to streamline operations, strengthen supply chains and reduce logistics costs for investors.

The Korea Internet & Security Agency (KISA) in Naju, South Jeolla province, the Republic of Korea. (Photo courtesy of KISA)

RoK to help Philippines strengthen cybersecurity capabilities

KISA said on June 24 that it has been selected as the implementing agency for the Korea International Cooperation Agency (KOICA)'s "project to establish a national cyber security centre to strengthen the Philippines' cyber crisis response capabilities" and will launch the project.

Thailand holds policy interest rate at 1%

Thailand holds policy interest rate at 1%

MPC Secretary Don Nakornthab said the Monetary Policy Committee considers the current policy rate appropriate to support the country's economic recovery. While Thailand's economic outlook has improved compared to previous forecasts, growth is expected to remain moderate and uneven, he noted.

At the signing ceremony of exchange of notes on assistance for the Project for Human Resource Development Scholarship (JDS) for Laos (Photo: https://kpl.gov.la/)

Laos, Japan boosts cooperation in training human resources

Speaking at the signing ceremony, Lao Deputy Minister of Foreign Affairs Anouphap Vongnokeo expressed the Lao Government’s sincere appreciation to the Government and people of Japan for their longstanding support and cooperation for Laos’ socio-economic development and the improvement of people's livelihoods.

High-rises in Kuala Lumpur, Malaysia (Photo: AFP/VNA)

Malaysia to develop low-altitude economy

Speaking at the launch of the initiative on June 24, Malaysian Transport Minister Anthony Loke Siew Fook said the Civil Aviation Authority of Malaysia (CAAM) has been tasked with developing a regulatory framework to support the safe integration and expansion of low-altitude aviation services.