Myanmar News
Thai builder WHA Corp eyeing 20% revenue growth May 04, 2018 WHA Corp, Thailand’s top industrial estate and warehouse developer, targets a 20 per cent revenue growth this year on higher government spending on infrastructure, foreign investment and a growing e-commerce market, its chief executive said on Wednesday. The company is also set to benefit […]
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Japan mulls resuscitating Myanmar’s failed Hanthawaddy airport proposal 02 May 2018 Japan and Myanmar are in discussions about resuscitating the failed Hanthawaddy International Airport project, according to the transport minister. U Thant Sin Maung, Minister for the Ministry of Transport and Communication, held a meeting with Tsukasa Akimoto, Japan’s State Minister of Land, Infrastructure, Transport […]
Continue ReadingDawei road loan nears Neda close to backing Myanmar link The Neighbouring Countries Economic Development Cooperation Agency (Neda) is about to approve a long-awaited road construction project linking Thailand and the Dawei deep-sea port in Myanmar. The move came after the Myanmar government finally approved borrowing of up to 4.5 billion baht in credit facility […]
Continue ReadingThailand plans to increase coal use in power generation – minister * To find new coal-fired power plant locations end-2018 * Increase coal’s share in power generation to ensure security * Electricity from renewable to be priced at grid parity Thailand is expected to increase the share of electricity generated by coal to diversify its […]
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Kingsmen on the lookout in region KINGSMEN CMTI Plc, a Thai-based provider of “one-stop services” in design and construction for retail and corporate interiors and exhibitions for the events industry, will open an office in Phnom Penh as it deepens a push into neighbouring countries this year. Pravit Sribanditmongkol, managing director of Kingsmen CMTI Plc, […]
Continue ReadingYangon mulls construction of sea port at river Plans to build an international sea port at the mouth of the Yangon River, which will be strategic for Myanmar and its neighbours, are underway, Yangon Chief Minister U Phyo Min Thein said yesterday at the meeting with Vice President held at Republic of Myanmar Federation of […]
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Yangon provides timeline, details of new projects The Yangon Region Government will this year commence development of several new projects including the construction of two new townships and a Special Economic Zone (SEZ) in Yangon under the city’s Urban Development Master Plan. Among the projects slated for 2018 are two new townships – Kyee Myin […]
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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