Myanmar News
The Thai government has approved a soft loan to Laos for a 33-kilometre road from the Phudu checkpoint in Uttaradit province to Paklai in the Lao province of Xayaburi. The project is being implemented to boost two-way trade, especially the import of commodities. The total cost of construction is estimated at 718 million baht. A […]
Continue ReadingThe SET-listed Italian-Thai Development Plc (ITD), the country’s largest construction company, has reaffirmed its ability to handle a 150,000-rai industrial estate in Dawei, brushing aside Myanmar’s doubts about the project’s viability. Nonetheless, strategic partners are needed to jointly develop the large-scale project, said Dawei Development Co (DDC), a company the Thai contractor set up to […]
Continue ReadingAjiya Bhd is investing RM30mil to set up a safety glass processing plant in Thailand this year the company’s second after a metal roofing manufacturing plant there. Managing director Chan Wah Kiang said construction of the facility would start any time now and was expected to be completed by the end of the year. He […]
Continue ReadingUp to 100,000 firms may go under The increase in the minimum wage may force 100,000 small and medium-sized enterprises (SMEs) out of business or force them to relocate their factories, according to industry representatives. The daily minimum wage in Bangkok and six other provinces rose to 300 baht Sunday; the rate will be applied […]
Continue ReadingUp to 100,000 firms may go under The increase in the minimum wage may force 100,000 small and medium-sized enterprises (SMEs) out of business or force them to relocate their factories, according to industry representatives. The daily minimum wage in Bangkok and six other provinces rose to 300 baht Sunday; the rate will be applied […]
Continue ReadingA century ago Phrae was known as Thailand’s teak capital, having drawn half a dozen European timber companies to log the North’s then abundant teak reserves to ship abroad for use in steamers, train compartments and as a floor veneer. Not much is left of Thailand’s natural teak forests today – in 1991 there were […]
Continue ReadingA century ago Phrae was known as Thailand’s teak capital, having drawn half a dozen European timber companies to log the North’s then abundant teak reserves to ship abroad for use in steamers, train compartments and as a floor veneer. Not much is left of Thailand’s natural teak forests today – in 1991 there were […]
Continue ReadingMyanmar is in talks with foreign companies with a view to building elevated and underground train systems for the commercial capital Yangon, the country’s rail transport minister said on Wednesday ‘We are now talking with international companies for the construction of both a skytrain and underground train system for the commercial capital Yangon,’ the minister, […]
Continue ReadingPositive factors, ranging from global and domestic economic growth, the government’s populist policies and anticipated rises in construction costs, will help the homebuilder Built to Build Group enjoy 30% sales growth this year. Sutee Ketsiri, the group’s managing director, said the country’s gross domestic production (GDP) was expected to expand by around 5% while the […]
Continue ReadingDusty roads and makeshift offices are the only hints of the ambitious $50 billion project slated for the thick jungles near Myanmar’s southern city of Dawei, billed by its developers as the “new global gateway of Indo-China”. Big questions surround the far-reaching plans by Thailand’s largest construction firm, Italian-Thai Development Pcl ITD.BK, to transform 250 […]
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