Laos News
Chiang Rai developer unveils “Trin Nakara Golden Triangle” major project 20 December 2018 Trin Nakara says it is working with foreign investors to launch a Bt40 billion investment project dubbed “Trin Nakara Golden Triangle” aiming to develop over 3,139 rai in a special economic zone in Chiang Saen district, Chiang Rai province, to transform it […]
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Operation Mekong – Southeast Asia’s place in China’s new world order 18 December 2018 China is exercising a level of economic influence on the Mekong states not seen since the height of its imperial might. Southeast Asia Globe breaks down the rising superpower’s relationship with each of these nations and the role each country plays […]
Continue ReadingChinese-built largest hydropower plant inaugurated in far NE Cambodia 17 December 2018 The Chinese-built Lower Sesan II hydroelectric power station was inaugurated here in far northeastern Cambodia on Monday after almost five years of construction. The 400-megawatt dam is the largest and the seventh one built by China in the Southeast Asian country. Cambodian Prime […]
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Sino-Japanese cooperation thrown off track over Thai rail project Fearing losses, private contractors unwilling to follow Tokyo’s lead 16 December 2018 Japan and China are working to improve ties through joint infrastructure projects abroad, but cooperation on a Thai railroad — a centerpiece of that effort — has already suffered. Two corporate consortia, respectively led […]
Continue ReadingLaos to export over 14,000 MW of electricity by 2030 6 December 2018 Laos’ electricity exports will hit 14,600 MW by 2030. At present, Laos is exporting 4,415 MW to five neighboring countries. The figures were revealed by Lao Minister of Energy and Mines Khammany Inthirath at the 6th Ordinary Session of National Assembly’s 8th […]
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Italthai Engineering expects 45% increase in revenue 6 December 2018 Italthai Engineering has announced that it expects to see a 45% increase in revenue this year, the company said in a press release on Thursday. Sakol Laosuwan, President & CEO, Italthai Engineering Company Limited (ITE), said: “The company focuses primarily on large scale electricity generation […]
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Thai oil giant PTT to take on Starbucks with $1.3bn investment plan PTT prepares for retail spinoff with coffee chain expansion 28 November 2018 Thailand’s biggest oil company, PTT, is planning a $1.3 billion investment over five years to build its coffee shop franchise into a global brand rivaling U.S. giant Starbucks, as it prepares […]
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ONYX announces second Amari property in Vientiane Laos 20 November 2018 ONYX Hospitality Group, one of the region’s leading hotel management companies, on Tuesday announced a management agreement with Laos-based Asia Investment, Development & Construction Sole (AIDC) to develop a new-build Amari hotel in the centre of Vientiane. AIDC is an investment and construction joint […]
Continue ReadingGE Power looks to service smaller power producers in Thailand and the region 21 November 2018 GE POWER Services has invested US$1 billion (Bt44 billion) in new business, providing cross-fleet services for independent power producers (IPPs) and small power producers (SPPs) which have SGT-800 gas turbines in Thailand and the region. Kovit Kantapasara, chief executive […]
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Construction of Thai-Chinese high-speed rail slated to begin next year 23 November 2018 (NNT) – The government has assured the public that construction of the first phase of the remaining three sections of the Thai-Chinese high-speed rail between Bangkok and Nakhon Ratchasima will begin in April next year. At the 26th Meeting of the Joint […]
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