Vietnam News
Construction would start in as soon as two months, and the newly formed joint venture, KK Power, was in negotiations with Thai officials on the price at which the power would be sold, said Ly Yong Phat, now the JV’s CEO. He declined to comment on the company’s ownership structure. “We already agreed in principle […]
Continue ReadingDow Chemical Co is pouring an additional US$125 million into its Thai operations, strengthening the country’s role in transforming the US-based firm from a manufacturer of basic chemicals to a maker of specialty products. The new investment follows the recent completion of Dow’s $3-billion Thai Growth Project that began in 2006. The new projects, both set […]
Continue ReadingVietnam is seeking foreign investors to help build two airports so it can compete with other Southeast Asian nations for regional air traffic. “We are in need of financial investments from many sources, domestic and foreign,” Nguyen Cong Hoan, director of planning and investment of a newly-established nationwide airport operator, Airports Corporation of Vietnam, said at […]
Continue ReadingShaky plans for a US $50 billion oil port and industrial complex on Burma’s southeast coast at Dawei (Tavoy) are looking even more uncertain after Thailand disclosed that it is re-appraising its strategic trade transport infrastructure to look at domestic ports. The change in focus was outlined by a senior government planner at an Association […]
Continue ReadingShaky plans for a US $50 billion oil port and industrial complex on Burma’s southeast coast at Dawei (Tavoy) are looking even more uncertain after Thailand disclosed that it is re-appraising its strategic trade transport infrastructure to look at domestic ports. The change in focus was outlined by a senior government planner at an Association […]
Continue ReadingDespite reservations from Mekong Basin countries, construction continues Over the opposition of environmental groups and the governments of other countries in the Mekong Basin, the Thai government is pushing ahead with the construction of the controversial Xayaburi Dam, environmentalists say. Although the Cambodian and Vietnamese governments have expressed concerns about the dam and work was […]
Continue ReadingGerd Steeb, President of Centara Hotels & Resorts, will retire from the company on February 23 after almost 22 years of service. Joining what was then known as Central Hotels and Resorts in 1991, Mr. Steeb became Vice President in 1993, Executive Vice President in 1997, and President in 2005. He was also appointed to […]
Continue ReadingProperty and land prices in Dawei, also known as Tavoy, in southernmost Burma have sky-rocketing to hundreds of millions of kyat due to the development of the nearby Thai-backed deep-sea port project, claim local businessmen. Real estate prices are highest around Ar Zar Ni Road, in downtown Dawei, where most private banks have opened branch […]
Continue ReadingProperty and land prices in Dawei, also known as Tavoy, in southernmost Burma have sky-rocketing to hundreds of millions of kyat due to the development of the nearby Thai-backed deep-sea port project, claim local businessmen. Real estate prices are highest around Ar Zar Ni Road, in downtown Dawei, where most private banks have opened branch […]
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 […]
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