Making transparent concessions
September marks a series of seismic auctions that will determine whether Thailand’s business realm will continue to be dominated by the same old oligarchs or if newcomers with big bucks could shake up the monopolistic arena. The terms of reference (ToR) for the 200-billion-baht high-speed railway linking three major airports — Don Mueang, Suvarnabhumi and U-tapao — — to serve the government’s much- touted Eastern Economic Corridor (EEC) scheme are set to be unveiled this month.