MCOT unveils ambitions for Bangkok, Chumphon properties MCOT said on Tuesday it would proceed with a public-private partnership (PPP) venture on its properties in the next quarter. MCOT plans PPP projects representing long-term investments in Bangkok, on 70 rai near the Thailand Cultural Centre and 60 rai in Bang Pai district. MCOT Plc president Kematat […]
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Cambodia’s Kampot ferry construction delayed Construction on a new tourist ferry port located about 6 kilometres from the provincial capital in Kampot province has been delayed, although a Tourism Ministry spokesman promised that construction would begin before the end of this year. The $10 million port, funded by a loan from the Asian Development Bank […]
Continue ReadingThai cabinet approves second high-speed railway project Eastern Economic Corridor and to link three main international airports Thai cabinet on Tuesday approved the second high-speed railway project, a flagship infrastructure plan to support the country’s Eastern Economic Corridor and to link three main international airports. Nattaporn Jatusripitak, an adviser of minister attached to the Prime […]
Continue ReadingThailand, Myanmar to open Friendship Bridge 2 in May 2018 The Thailand-Myanmar Friendship Bridge 2 is expected to open in May to facilitate cross-border transport of goods over the Thaungyin River in Myawady, Kayin State, Deputy Minister for Construction U Kyaw Lin said. U Kyaw Lin told the Pyidaungsu Hluttaw (parliament) on Monday that Thailand […]
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Environmentalists Take on China’s Infrastructure Projects in Southeast Asia Rural communities in Thailand have been challenging Chinese companies with street protests, court petitions, and occasionally sorcery, to block environmentally-damaging projects in their back yards — and their call to action is being taken up across mainland Southeast Asia. Grassroots activists in the northern province of […]
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Sales at Peninsula Residences Yangon to commence this month Singapore-listed Yoma Strategic Holdings together with its partners, Yangon-listed First Myanmar Investment Company Limited (FMI) and the Hongkong and Shanghai Hotels (HSH) will start selling housing units from the Peninsula Residences Yangon this month. The Peninsula Residences Yangon is being developed on a 10-acre site in […]
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Super business challenges in Myanmar YANGON, 27 March 2018: Family-run firms, a lack of transparency and murky money networks in the former junta-led country continue to make doing business in Myanmar “super challenging”, a new study mapping the country’s top companies said on Monday. Myanmar’s economy remains dominated by military firms and an elite of […]
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Future Betong airport runway to handle large aircraft March 27, 2018 Ongoing construction of the Betong Airport on a 920-rai (147.2-hectare) plot of land in Yala’s Betong district has progressed by 35 per cent, and is slated for completion by the end of 2019. Yala new usually receives about 600,000 visitors per year – a […]
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Alliance Laundry invests Bt1.5 bn on Chonburi factory March 24, 2018 ALLIANCE Laundry Systems, which claims to be the world leader in commercial laundry equipment, yesterday announced a Bt1.5 billion investment for a new manufacturing plant in the Hemaraj industrial estate, known as HESIE 2, in Chon Buri province. Construction will begin in April and […]
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Doosan Heavy Industries expands to Vietnam’s offshore wind farm sector South Korea’s Doosan Heavy Industries & Construction Co. said on Friday that it has signed an agreement with Electricity of Vietnam Group for an offshore wind farm project, marking the first time for the country’s largest power plant equipment maker to make a foray into […]
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