Myanmar News
A feasibility study on the construction of a 257km railway linking Cambodia and Viet Nam shows it will cost at least US$686 million. The railway will be part of an intra-Asian railway that runs from Singapore to China via Malaysia, Myanmar, Thailand, Laos, Cambodia and Viet Nam. Under a scheme announced in 2008 to develop […]
Continue ReadingItalian-Thai in talks to sell an additional 3,600 megawatts of power to EGAT from the plant Italian-Thai Development PCL President Premchai Karnasuta said Wednesday the investment cost of a planned infrastructure project in Myanmar is likely to be less than the $8 billion it had expected. He said the firm’s financial adviser, Siam Commercial Bank […]
Continue ReadingMechanical diggers on the pristine beaches near the sleepy fishing town of Dawei are a sign that change is coming to the remote corner of Myanmar — but not necessarily for the better. The area has been chosen for a vast port complex that is the latest example of how foreign investment from Asian allies […]
Continue ReadingMissing links in Thai hub plan Thailand has long aimed to establish itself as a regional trade and investment hub, leveraging into the country’s central Southeast Asian geography and East meets West openness. While a political push and expanding regional trade has given new life to those ambitions, its not clear to most analysts Thailand […]
Continue ReadingThe Kunming-Singapore High-Speed Railway began construction on April 25. The railway will shorten the travel time between Kunming and Singapore to only a little more than 10 hours in the future. The Chinese government expects the railway to be put into operation by 2020. The line, starting from Kunming, capital of Yunnan Province; passes Mohan, […]
Continue ReadingThe 6.7 magnitude earthquake in Myanmar last night has not affected Thailand’s dams, according to state-owned energy producer the Electricity Generating Authority of Thailand (EGAT). A senior EGAT official, Weerachai Chaisakaew, said his organisation, which is responsible for the safety of its dams nationwide, had reviewed data received at seismographs installed at all dams and […]
Continue ReadingChevron hopes to advance the startup of a $3.1 billion natural-gas project in the Gulf of Thailand to this year, in the latest step by the U.S. major to cash in on booming Asian demand for cleaner-burning fuels. The acceleration of the timetable for the Platong II project from 2012 reflects rising Thai consumption of […]
Continue ReadingCSR Corporation denied rumors of its merger with China CNR Corporation , reports dfdaily.com, citing a filing by CSR Corporation. According to Financial Times, the merger may lead to the creation of a monopoly controlling 90 percent of the domestic rail road equipment manufacturing market with sales revenue exceeding those of Bombardier, Alstom, and Siemens. […]
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A Chinese company will invest US $100 million toward the construction of an airport near Naypyidaw, the new capital built by Burma’s ruling junta in 2004, in the latest move by China to expand its involvement in the Southeast Asian country’s transport sector. The company, China Communications Construction (CCC), signed a deal to work on […]
Continue Reading A Chinese company will invest US $100 million toward the construction of an airport near Naypyidaw, the new capital built by Burma’s ruling junta in 2004, in the latest move by China to expand its involvement in the Southeast Asian country’s transport sector. The company, China Communications Construction (CCC), signed a deal to work on […]
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