Khaosod
BMA faces 1.3 billion baht Chatuchak debt as appeal continues
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◌ Single Source
BANGKOK — 13 May 2026, the Bangkok Metropolitan Administration (BMA) said it is continuing efforts to manage debt obligations and oversee operations at the Chatuchak Weekend Market, with outstanding payments owed to the State Railway of Thailand totalling 1.338 billion baht in unpaid land rental fees.
Key facts
- According to a source at Bangkok City Hall, the amount includes 672 million baht under a court ruling, consisting of 605.7 million baht in principal rent covering a period of three years, six months and 27 days, along with 66.4 million
- The BMA also faces additional interest charges of 5 percent on the principal amount, totalling 101.3 million baht, calculated from 27 June 2022 to 31 October 2025, as well as monthly compensation payments of 14.1 million baht from 1 July
- He said the BMA has sufficient budget reserves, but the case remains under appeal as officials seek clarification on the final amount and request relief from interest accrued during the COVID-19 crisis.
- Bangkok Governor Chadchart Sittipunt said the administration maintains the principle that debts must be repaid once fair and accurate figures are agreed upon
Summary
According to a source at Bangkok City Hall, the amount includes 672 million baht under a court ruling, consisting of 605.7 million baht in principal rent covering a period of three years, six months and 27 days, along with 66.4 million baht in interest calculated up to the filing date of 27 June 2022.
The BMA also faces additional interest charges of 5 percent on the principal amount, totalling 101.3 million baht, calculated from 27 June 2022 to 31 October 2025, as well as monthly compensation payments of 14.1 million baht from 1 July 2022 to 31 October 2025, amounting to another 564.7 million baht over three years and four months.