Laos News
OPTIMISTS BELIEVE the controversial Thai-Chinese railway project, which has been under negotiations for more than three years, will go ahead despite some hindrances resulting from new conditions initiated by the Thai side. On November 17, the Thai Cabinet approved a Framework of Cooperation (FoC) agreement with China for development of Thailand’s transport infrastructure from 2015-22. […]
Continue ReadingSouth Korea’s TN Energy Co is teaming up with Lao State Fuel Co to set up a joint venture to produce bioethanol fuel called Power Gasoline (PG) for sale in the country. The joint venture, to be called Lao K-tech Co, will be established this year. The new company will be located at Dongphosy village […]
Continue ReadingState Railway of Thailand calls for foreign-Thai JVs FOREIGN CONSTRUCTION companies are welcome to join the government’s infrastructure projects as long as they find a Thai partner, according to the State Railway of Thailand. SRT governor Wuthichart Kalyanamitra said yesterday that the authority was not preventing foreign firms from participating in the bidding for construction […]
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SET-listed Noble Development Plc plans to launch four new projects worth a combined 12 billion baht, aiming for 7 billion baht in presales by the end of the year. The company will have sales roadshows in Myanmar, Laos and Cambodia to tap demand for Bangkok condominiums. “Bangkok condos in the luxury segment are attractive to […]
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Myanmar agrees to change driving rules for highway The Narendra Modi government has persuaded Myanmar to pick left over right – not for its politics or economy but for the side of the road cars and trucks will drive down while using a three-nation motorway that also includes Thailand. India, Myanmar and Thailand have resolved […]
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Central Group Thailand, the country’s largest retail conglomerate, plans to invest some 39 billion baht (US$1.1 billion) in new supermarkets, stores and hotels this year to boost turnover. Central is the largest mall operator in Thailand by network number and also owns department stores anchoring most of its centres. Internationally, the company owns upmarket department […]
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Thursday 24th March 2016 6:30pm at the British Club, Soi 18, Silom Road, Bangkok “Box Jacking in Urban Areas” By Don Hall – MD CREG Asia & Africa In today’s environment of increasing traffic congestion in cities clients are looking to reduce the impact on the surface during construction works for underpasses for traffic and […]
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Ahead of the upcoming Sustainable Energy & Technology Asia exhibition & conference 2016, Eco-Business looks at the impact of the landmark United Nations deal on climate change on Southeast Asia’s efforts to meet its growing energy demand in a sustainable way. When almost 200 countries defied the odds to ink the first universal deal to […]
Continue ReadingPROPERTY PRICES continue to rise in Southeast Asia, especially in Thailand, Vietnam, Laos and Myanmar, driven largely by plans to develop the countries’ infrastructure to link their transportation systems and serve demand under the Asean Economic Community. In Thailand, land prices close to the mass-transit system in Bangkok have risen over the past five years […]
Continue ReadingA feasibility study for a railway linking the Lao capital of Vientiane with Vung Ang seaport in central Ha Tinh province of Vietnam has begun, a senior Lao official has said. The study of the 550km-long rail line is set to take about two years to complete, scheduled from December 2015 to December 2017, according […]
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