Better communication between governments and investors is the best way to ensure that costly projects don’t get sidelined by risk factors.

The developing Southeast Asian region has never been so attractive to investors. From the opening of Myanmar, to hydropower in Laos or the rise of Indonesia, compelling cases exist for pouring money into the region. But where there are opportunities, there are also risks and uncertainties, particularly in developing countries. Billions of dollars can go […]

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China challenges Thailand, Vietnam in Laos

Shanghai Wanfeng Group, the closely held developer of shopping malls in China, reached agreement with the Lao government in December 2011 to develop 365 hectares (2,281 rai; 900 acres) around That Luang Lake into a commercial, residential and tourist complex. Construction began Sunday, according to the Chinese official news agency Xinhua and the company’s website.

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Ministry of Transport to build Thai-Laos Bridge in Buengkarn province

The Ministry of Transport has announced a plan to construct a bridge between Beungkan province and Laos, in an effort to boost trade and logistics between Thailand and its neighbor. Following a meeting between representatives from the government and private sector, Deputy Permanent Secretary of Transport, Sornsak Sansombat, said a plan to increase bilateral trade, […]

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A new energy landscape and the implications for Thailand

In the coming years, the global energy trend will drastically change from the present state, with far-reaching consequences for economic development and global trade. As an energy-dependent country, Thailand will have to live with the new reality of high and volatile energy prices. The new global energy landscape is being redrawn, with the US becoming […]

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Japan’s Aeon breaks ground on $200-million mall in Cambodian capital.

Shopping shapes up in Phnom Penh With demand for shopping space in Cambodia on the rise and investor interest growing, the Japanese developer Aeon Mall (Cambodia) Co Ltd last week broke ground on the construction of a US$205-million mall in Phnom Penh. The 68,400-square-metre high-end shopping centre, located in Chamkar Mon district next to the […]

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Thailand’s Amata B. Grimm to build 10 power plants for Bt50 billion

Thailand’s Amata B. Grimm Power Group plans to invest over Bt 50 billion (US$1.6 billion) to build 10 more power plants to cope with augmented foreign investment after the launch of the ASEAN Economic Community (AEC) in 2015. The group, a subsidiary of the B. Grimm conglomerate, currently operates three power plants in Amata industrial estate […]

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Work on rail link between Laos and Vietnam to start in January

Vientiane – Construction work on a 5-billion-dollar railway linking south-eastern Laos to Vietnam and Thailand is scheduled to begin in January, media reported Wednesday.  Giant Consolidated Limited, the Malaysian investor in the project, expects to begin construction in January on the 220-kilometre-long track linking Savannakhet city, on the Lao-Thai border, to Laobao, on the Lao-Vietnamese […]

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Bt12bn approved by Thai Cabinet for power scheme

The Cabinet yesterday approved a Bt12-billion budget to build facilities to receive electricity from the Xayaburi Dam, currently undergoing construction in Laos.  The facilities, which will be used to obtain, store and relay the electricity, will be built in Loei, Nong Bua Lamphu and Khon Kaen provinces and will be operated by the Electricity Generating […]

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Thai City Electric plans bigger factory to produce Sharp products

Thai City Electric, a manufacturer and distributor of Sharp electrical appliances, plans to invest between Bt500 million and Bt600 million in a new factory to serve both the domestic and export markets.  “We plan to relocate our factory out of the 30-rai plot in the King Kaew area of Samut Prakan, which has reached its […]

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