Myanmar News
Experts are proposing a new highway linking Ratchaburi and Kamphaeng Phet provinces, western and eastern floodways, a new economic zone and an outer ring road for eastern Bangkok as solutions to flooding problems. The Strategic Committee for Reconstruction and Future Development (SCRF), chaired by Virabongsa Ramangkura, plans to seek a new economic zone for relocation […]
Continue ReadingExperts are proposing a new highway linking Ratchaburi and Kamphaeng Phet provinces, western and eastern floodways, a new economic zone and an outer ring road for eastern Bangkok as solutions to flooding problems. The Strategic Committee for Reconstruction and Future Development (SCRF), chaired by Virabongsa Ramangkura, plans to seek a new economic zone for relocation […]
Continue ReadingHaving faced challenging times in the home turf due to a host of factors, engineering and construction giant Larsen & Toubro Ltd (L&T) is looking out to expand its operations and maintain its growth. The firm, which has already established itself in the Middle East and has ventured into Thailand with a view to penetrate […]
Continue ReadingConstruction of a 750 km standard gauge line from Bangkok to Chiang Mai is the largest single project included in a 400bn baht programme of infrastructure investment announced by the government on January 10. Comprising 128 different work packages for completion by 2016, the programme includes a range of other public transport, road and flood […]
Continue ReadingConstruction of a 750 km standard gauge line from Bangkok to Chiang Mai is the largest single project included in a 400bn baht programme of infrastructure investment announced by the government on January 10. Comprising 128 different work packages for completion by 2016, the programme includes a range of other public transport, road and flood […]
Continue ReadingThe commercial world beats a noisy path to a former pariah’s door Burma, long an outcast nation, is starting to see the benefit of political reforms undertaken by President U Thein Sein’s government. Although it is early days, delegations of western businessmen have started to appear on the horizon, looking for opportunity. The reforms are […]
Continue ReadingMyanmar awarded 10 onshore oil and gas blocks to eight firms in its biggest energy tender in years and is now offering nine offshore blocks, two Yangon-based sources with direct knowledge of the deals told Reuters on Friday. The winning firms were mostly from Asia, including Malaysia’s Petronas PETR.UL and Thailand’s PTT Exploration and Production […]
Continue ReadingThailand’s state-owned PTT Exploration and Production (PTTEP) on Thursday signed an agreement with Myanma Oil and Gas Enterprise (MOGE) for an investment in Myanmar’s Zawtika M9 gas field. PTTEP president and chief executive Anon Sirisaengtaksin said petroleum and natural gas production will start in 2013 with a production capacity of 300 million cubic feet/day, with […]
Continue ReadingParkson Holdings Bhd, which last month made a S$138 million initial public offering (IPO) of its Southeast Asian unit in Singapore, is looking to expand its footprint into the Philippines, Thailand and Myanmar through acquisitions or greenfield projects as part of its plans to become one of the region’s largest department store chains. Parkson Holdings […]
Continue ReadingItalian-Thai Development Pcl, Thailand’s largest construction firm, said on Monday it expected to reach a conclusion in 2012 on how it would finance the Dawei deep sea port and infrastructure projects in Myanmar. Loss-making Italian-Thai has no plan to raise funds via an equity issue, but it planed to convert some land into capital and […]
Continue Reading