The president of Thailand’s largest construction company Premchai Karnasuta, 63 is seen with a group while being detained in the Thungyai Naresuan Wildlife Sanctuary in Kanchanaburi province on Thailand’s western border, Feb. 4, 2018. (Photo by Thailand Department of National Parks, Wildlife and Plant Conservation via AP)

Life of privilege, powerful connections ends with jail for panther-hunting tycoon Premchai

The life of construction tycoon Premchai Karnasuta has been turned upside down over the hunting trip he made back in early 2018. For wildlife lovers, the jail term of two years…

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Italian-Thai Development appoints acting president as Premchai enters prison

Italian-Thai Development PCL issued a statement today (Wednesday) offering assurance that the imprisonment of its president, Premchai Karnasuta, for poaching and other offences will not affect the operations or management…

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This picture taken on January 27, 2012 shows a truck passing by a sign on a road leading to a deep sea port project in Mayingyi, part of the Dawei Special Economic Zone development, a planned 50 billion USD deep sea port and factory development led by a Thai industrial giant, in southern Myanmar. Anger is growing in villages earmarked to be flattened for a huge industrial area in south Myanmar as activists step up the pressure amid signs that the project may be faltering. (Photo by Soe Than WIN / AFP)

The inside story of Thailand and Myanmar’s troubled Dawei mega-project

Myanmar’s long-delayed Dawei mega-project experienced yet another setback after contracts with Thailand’s construction giant Italian-Thai Development were cancelled recently. The ambitious, but controversial Dawei Special Economic Zone (DSEZ) project seeks…

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This picture taken on January 27, 2012 shows a Buddhist monk looking at a board showing a map of a deep sea port project in Mayingyi, part of the Dawei Special Economic Zone development, a planned 50 billion USD deep sea port and factory development led by a Thai industrial giant, in southern Myanmar. Anger is growing in villages earmarked to be flattened for a huge industrial area in south Myanmar as activists step up the pressure amid signs that the project may be faltering. (Photo by Soe Than WIN / AFP)

Myanmar cancels Thai investment in controversial mega-port

Myanmar on Monday announced it was cancelling contracts with a Thai industrial giant to work on a controversial deep sea port project. The Dawei mega-project was touted as a way…

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