World Bank debars Germany’s Ferrostall Oil & Gas for 13 months in connection with  alleged fraudulent practice  in Myanmar

World Bank debars Germany’s Ferrostall Oil & Gas for 13 months in connection with  alleged fraudulent practice  in Myanmar The debarment makes Ferrostall Oil & Gas ineligible to participate in projects and operations financed by institutions of the World Bank Group for the stated period The World Bank has announced the 13-month debarment of Germany’s […]

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Thailand’s SCG-Boonthavorn ventures into Phnom Penh with home-living retail outlet Design Village

Thailand’s SCG-Boonthavorn ventures into Phnom Penh with home-living retail outlet Design Village Thailand-based SCG-Boonthavorn has launched home-living retail outlet Design Village — the first of its kind in Cambodia — in Phnom Penh’s Sen Sok district. Due to open next quarter, Design Village is set to cater to growing demand for home-related design solutions in […]

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Thailand’s Amata halts $1bn Myanmar property project after coup

Thailand’s Amata halts $1bn Myanmar property project after coup Developer worried about sanctions while Suzuki and ANA suspend operations BANGKOK/TOKYO — Thailand’s largest industrial estate developer has suspended work on a $1 billion project in Myanmar due to fears that the military coup and possible international sanctions will drive investors away from the country. Amata […]

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Thailand’s TTCL to partner in Myanmar liquefied natural gas-to-power project in Ahlone township, Yangon region

Thailand’s TTCL to partner in Myanmar liquefied natural gas-to-power project in Ahlone township, Yangon region TCL Public Co has signed a power purchase agreement with Electric Power Generation Enterprise (EPGE), a state-owned enterprise under the Myanmar Ministry of Electricity and Energy (MOEE), for a liquefied natural gas-to-power project in the Yangon region, theasset.com reported. The […]

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The inside story of Thailand’s and Myanmar’s troubled Dawei mega-project

The inside story of Thailand’s and Myanmar’s troubled Dawei mega-project Myanmar’s long-delayed Dawei mega-project experienced yet another setback after contracts with Thailand’s construction giant Italian-Thai Development were cancelled recently. The ambitious, but controversial Dawei Special Economic Zone (DSEZ) project seeks to transform the sleepy coastal town into Southeast Asia’s largest industrial and trade zone – […]

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Labour dispute resolved between contractor and workers on Myanmar’s US$600 million Yoma Central mixed development project in Yangon

Labour dispute resolved between contractor and workers on Myanmar’s US$600 million Yoma Central mixed development project in Yangon SEE ALSO: Workers Protest At Yoma Central Construction Site To Demand Paid Leave During The Myanmar Thingyan Holiday (Songkran) A labour dispute between the contractor and construction workers of the US$600 million Yoma Central mixed development project […]

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