Expressway Authority raises Western Expressway toll by 15 baht starting December 15, 2026; BEM pushes commercial revenue

RegulationCorporate ActionIndustry
โดย ทันหุ้น·TH·Read original
Summary · why it matters

The Expressway Authority of Thailand, or EXAT, has confirmed that the 15-baht increase in tolls on the Western Expressway, the Si Rat-Outer Ring Road Kanchanaphisek route, is in line with concession contract terms requiring an adjustment every five years. Four-wheel vehicles will rise from 65 baht to 80 baht, six- to ten-wheel vehicles from 105 baht to 130 baht, and vehicles with more than ten wheels from 150 baht to 185 baht, effective December 15, 2026. EXAT Governor Surachet Laophulsuk said the authority is currently considering relief measures for motorists, initially possibly in the form of discount coupons or special discounts for Easy Pass users, with a conclusion and public announcement expected soon. The Western Expressway currently handles about 60,000 vehicles per day. Meanwhile, Panan Tosuwannathaworn, Deputy Managing Director for Accounting and Finance at Bangkok Expressway and Metro Public Company Limited, or BEM, said the company sees both its expressway and rail businesses growing in line with the expansion of economic activity and travel, and is pressing ahead with building commercial revenue to reduce reliance on fares and tolls. It is developing and revamping areas inside rail stations into landmarks and waiting areas, gradually adding and redesigning digital advertising displays inside stations, and expanding into above-ground areas such as the Silom and Sukhumvit intersections and areas along the expressways. Separately, Yuanta Securities (Thailand) said in an analysis that it holds a positive view on BEM, expecting the eastern Orange Line rail project to begin trial operations ahead of the original schedule of January 2028, while maintaining its 2026 normal profit forecast at 3,973 million baht, up 5.1% year on year, and keeping its Buy recommendation with a target price of 10.50 baht.

Impact on stocks 1

Industrials▲ · 1 stocks

Theme Impact 1

Related news

3

Waymo to launch autonomous ride-hailing in Singapore by 2028, its first foray into Southeast Asia

Waymo, the autonomous driving technology company owned by Alphabet, announced on the 18th that it will launch a fully electric autonomous ride-hailing service in Singapore by 2028. This marks the company's first entry into Southeast Asia. An initial fleet of fully electric Jaguar I-PACE vehicles will arrive in Singapore within a few months, and in 2027 trained autonomous driving specialists will carry out manual driving in the initial phase to adapt Waymo's autonomous driving system, Waymo Driver, to local road layouts and monsoon weather patterns, with the launch of public service expected in 2028. The company is working with Singapore's Ministry of Transport and the Land Transport Authority (LTA) to bring the service to the country, and Transport Minister Chee said, "Singapore welcomes Waymo as the latest autonomous vehicle operator." On the 15th, Waymo also announced plans to launch Japan's first fully autonomous commercial taxi service in Tokyo in 2027.
GOOG ▲
Smart City / Autonomous Infrastructure
ロイター·1dRead more →
▲

KTB Wins Role as Clearing House for Common Rail Ticket, Target Price 46 Baht

Phillip Securities stated that KTB will serve as the clearing house for the common rail ticket project, after the Ministry of Transport confirmed that from January 1, 2027 onward, rail commuters will use a common ticket fare system across all rail lines, all colors, and all routes at prices of 17 to 45 baht. The government will bear the cost of compensating passengers for the fare difference on journeys that actually exceed 45 baht, without directly reimbursing operators, and KTB will prepare the back-end system to manage the money and clear refunds of the difference to the public. This is seen as positive sentiment for KTB, but the main revenue expected is the fee for serving as clearing house, which is unlikely to be significantly high relative to previous forecasts. An additional benefit is low-cost liquidity from funds passing through the bank and user data from rail passengers that can be used to cross-sell other financial products. The brokerage maintains its 2026 profit forecast at 48.9 billion baht, up 1.4% year-on-year, and keeps its base price target at 46 baht. It expects a dividend of 2.10 baht per share for 2026, representing a dividend yield of 4.7%, and 2.21 baht per share for 2027, representing a dividend yield of 4.9%. Recommendation: accumulate.
KTB.BK ▲
Smart City / Autonomous Infrastructure ▲
HoonVision·1dRead more →
▲2

Japan Automobile Manufacturers Association Announces Plan to Bring Autonomous Driving Systems into Society by 2028

Akio Sato, chairman of the Japan Automobile Manufacturers Association, said at a press conference in Tokyo on the 17th that the association aims to put core autonomous driving systems into practical use in some regions by 2028. He stressed the need for public-private cooperation to achieve this, and said the association will move quickly to build an information control platform that integrates systems for remotely monitoring autonomous vehicles and mechanisms for cars to receive pedestrian information from sensors and cameras on roads. Sato argued that eliminating traffic deaths and improving convenience should go hand in hand, and said the pace of development will be accelerated. The public and private sectors will also consider creating a framework to provide relief for victims and conduct accident investigations when accidents occur.
Robotics & Physical AI ▲Smart City / Autonomous Infrastructure ▲
時事通信·2dRead more →
© 2026 MarketDXNews