Myanmar News
THE GOVERNMENT’S policy to fast-track transport mega-projects worth Bt1.79 trillion might not stimulate the economy as much as hoped. Also, the rail projects by giant economies – China and Japan – were put in the plan as first priority to be carried out even though many market watchers harbour doubts that the projects would start […]
Continue ReadingAn international consortium headed by one of China’s biggest conglomerates has been awarded the project to develop the Kyaukphyu Special Economic Zone in Rakhine State, reports said last week. The decision to award the bid to build and operate an industrial park and a deep-sea port at the SEZ was announced on December 31 by […]
Continue ReadingDESPITE world oil prices tumbling to 11-years lows, Thai electricity rates are returning to an uptrend, said Viraphol Jirapraditkul, a member of the Energy Regulatory Commission (ERC). After announcing last month a cut of 1.57 satang per kilowatt-hour on electricity tariffs nationwide from January to April, he said the next four-month period would probably see […]
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The Death Railway Museum, which was built at the site of the Death Railway of the World War II in Myanmar’s Mon state and opened on Monday, the country’s Independence Day, will play a role in educating people about the tragedy during the War. The museum on a 1.62 hectares of land plot showcases the […]
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Thirteen workers were injured and one was missing after a large crane being used in the construction of a bridge across the Chao Phraya river collapsed on Tuesday. The accident occurred about 11am during construction of an 800-metre bridge across the Chao Phraya river between tambon Ko Rian and tambon Samphao Lom in Phra Nakhon […]
Continue ReadingThe number of building projects in Yangon fell from 600 to 400 per month between November and December, according to the Building Department under the Yangon City Development Committee. “The rate dropped in these two months. We had to permit only 400 projects last month,” said an official from the department. Many people blame the […]
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TAMAKI KYOZUKA, Nikkei staff writer There’s nothing like a road trip to get a sense of a place. So to see for ourselves how Southeast Asia is preparing for the launch of the ASEAN Economic Community, we hit the highway and followed Toyota Motor’s ground supply chain across Indochina. Members of the Association of Southeast […]
Continue ReadingAs the chair of the Preparedness Centre for the Asean Community (PCAC), Prime Minister Prayut Chan-o-cha must be accountable for any delay or ineffective implementation of all Asean blueprints. Although Thailand has done very well on the political-security and social-cultural pillars, the implementation of economic action plans has been incomplete. The prime minister must save […]
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For many years, large areas of land in Yangon have been handed over to well-connected companies for development, with little or no public information about the terms of the deals, and no space for smaller businesses to compete, said an industry body. Advertisements outside developments near to the Shwedagon Pagoda were taken down after the […]
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China has shown off its vision of high-speed train services, such as this exhibition at Makkasan station. (Photo by Thanarak Khunton) The signing of a memorandum of cooperation (MoC) between Thailand and China on a new railway development project planned for tomorrow has been shelved after China failed to honour an associated agreement on rubber […]
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