Myanmar News
Myanmar is moving forward with plans to build the 66-MW Maingwa hydroelectric project on Nantlway Creek in area controlled by National Democratic Alliance Army. Myanmar’s Ministry of Electric Power (MOEP) and special-purpose company, Shan State East Development Company Ltd., signed a contract on March 22 under a build-operate-transfer (BOT) system to implement the Maingwa project […]
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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RANGOON — After months of delay, a fourth telecoms operator has been approved for a license, said Win Than, Deputy Minister of Communication and Information Technology, in Naypyidaw on Friday. The telecoms license was awarded to three shareholders: Myanmar National Telecom Holding Public Ltd., formed from 11 private companies; Viettel, a Vietnam-based telecoms operator; and […]
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Why Ho Chi Minh City’s residential market will prove to be a sustainable investment. Just months after the liberalisation of Vietnam’s Housing Law on 1 July 2015, allowing for foreign property ownership, the majority of foreign buyers have yet to consider Vietnam as a property investment destination. Such muted response in a market highly rated […]
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One of Thailand’s most vivid remnants of World War II is the Death Railway – originally a 415 km stretch of train track between Ban Pong in Thailand and Thanbyuzayat in the now-Myanmar, built on the command of Japan using forced labour from the Asian Romusha and Allied prisoners of war (POWs). Over 180,000 Romusha […]
Continue ReadingIndian Road Transport minister Nitin Gadkari has said that the new India-Myanmar-Thailand highway pact will be inked in the next few days. This milestone project will link the three nations by means of a new highway that’ll help improve connectivity, trade, tourism and foster stronger ties amongst the trio. Speaking at the India Today Conclave, […]
Continue ReadingAs large-scale construction projects ramp up across the country, trading company Inginn Nwe has partnered with US firm Erico to bring niche electrical and mechanical equipment to the Myanmar market. Inginn Nwe Company, which also distributes French brand Schneider Electric, signed a contract in August 2015 with Erico to become its sole distributor and is […]
Continue ReadingConstruction firm trying to clinch more projects in Malaysia Muhibbah Engineering (M) Bhd is hoping to clinch more construction jobs in Myanmar and Indonesia as it scours the region for opportunities in the economic downturn. “Myanmar and Indonesia are good markets so we are paying a lot of attention to them. As for the former, […]
Continue ReadingBy John Draper, Peerasit Kamnuansilpa Doubts over financing, speed and who operates the line are NCPO The vision behind China’s Trans-Asia Railway is breathtaking and seeks to re-establish the classical Silk Road in a re-imagined Silk Road Economic Belt. It would bring Bangkok into direct contact with the economic powerhouse of Chengdu, capital of Szechuan […]
Continue ReadingOPTIMISTS 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. […]
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