Laos News
Builk Asia launched last week as an e-commerce portal that connects steel producers with buyers in the construction industry. After a year of testing its e-commerce operations, Builk Asia’s Builk.com launched last week as a portal where construction companies in Thailand and other Asian countries can buy steel and other construction materials and products. Builk.com […]
Continue ReadingThai construction contractor Ch Karnchang Pcl said on Thursday it expected higher revenue this year thanks to the government’s infrastructure investments, which should help stimulate activity in the sector. Ch Karnchang, one of Thailand’s top three firms in the sector, aimed for construction revenue of 35-38 billion baht ($998 million-$1.08 billion) in 2016 versus 34.8 […]
Continue ReadingLAOS AIMS to use Monsoon Wind Power, Asean’s largest wind farm to be built by a Thai developer, as an exemplary prototype for Asean Monsoon Wind Power is a 600-megawatt wind-farm project that will be the largest in Asean. The site covers two districts in southern Laos – Dak Cheung in Sekong province and Sanxay […]
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A memorandum of cooperation in the field of nuclear energy for peaceful purposes has been signed by Russian state nuclear corporation Rosatom and the ministry of energy and mines of Laos. The memorandum was signed in Moscow yesterday by Rosatom deputy director general Kirill Komarov and Laos’ deputy energy minister Sinava Souphanouvong. The signing was […]
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Renewable energy sources are gaining ground in Asia but making much more efficient use of conventional sources remains an important priority. Growing awareness of the impact of air pollution and global warming have been driving more investments in energy from renewable sources and moving green energy to the top of many government policy agendas. In […]
Continue ReadingInfrastructure firm Larsen & Toubro (L&T) has won Rs 2,271-crore orders that include a major commercial development and a transmission line contract in Thailand. “The Construction arm of Larsen & Toubro Ltd has won orders worth Rs 2,271 crore across its various businesses. Buildings & Factories Business has bagged a major turnkey order worth Rs […]
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Cambodia, Laos and Myanmar are amongst ASEAN’s smaller economies, yet all different and facing different issues. Taken as a trio, their collective GDP performance is still less than that as China’s Yunnan Province, which lies to the north of Cambodia and Laos, and also borders with eastern Myanmar. Such statistics make interesting reading: Neither of […]
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The Royal Group conglomerate has signed off on a $10 million loan from the Bangkok-based Export-Import Bank of Thailand (EXIM Thailand) for the construction of a five-star hotel and resort in Koh Rong Island. The $16 million Royal Sands Koh Rong project is a joint-venture between Royal Group, owned by media and telecom tycoon Kith […]
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When a democratically elected Burma president takes office this week after decades of military rule, some will be toasting the historic moment with a beverage decidedly not paired with this tropical, Southeast Asian nation: surprisingly high-quality, locally produced wine. They might pour themselves an Aythaya Sauvignon blanc (“internationally competitive,” says one wine critic), a Shiraz-based […]
Continue ReadingThai paint manufacturer TOA Paint (Thailand) plans to invest at least 1 billion baht (about $28.2 million) in three new factories in Cambodia, Myanmar and Indonesia, according to a report in Thai newspaper The Nation. Pongcherd Jemeekornkul, the president of TOA Paint (Thailand), told the paper that after establishing its sales representative offices and warehouses […]
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