Cambodia’s Kampot ferry construction delayed

Cambodia’s Kampot ferry construction delayed Construction on a new tourist ferry port located about 6 kilometres from the provincial capital in Kampot province has been delayed, although a Tourism Ministry spokesman promised that construction would begin before the end of this year. The $10 million port, funded by a loan from the Asian Development Bank […]

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Thailand, Myanmar to open Friendship Bridge 2 in May 2018

Thailand, Myanmar to open Friendship Bridge 2 in May 2018 The Thailand-Myanmar Friendship Bridge 2 is expected to open in May to facilitate cross-border transport of goods over the Thaungyin River in Myawady, Kayin State, Deputy Minister for Construction U Kyaw Lin said. U Kyaw Lin told the Pyidaungsu Hluttaw (parliament) on Monday that Thailand […]

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Doosan Heavy Industries expands to Vietnam’s offshore wind farm sector

Doosan Heavy Industries expands to Vietnam’s offshore wind farm sector South Korea’s Doosan Heavy Industries & Construction Co. said on Friday that it has signed an agreement with Electricity of Vietnam Group for an offshore wind farm project, marking the first time for the country’s largest power plant equipment maker to make a foray into […]

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Coal is in decline globally, but Asia is driving new plant development

Coal is in decline globally, but Asia is driving new plant development Coal may be in decline worldwide, but 13 of the top 20 countries building new coal capacity are Asian, led by China, India, Vietnam, Indonesia and Bangladesh, a new study has found. 26 March 2018 While the number of coal-fired power plants built […]

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Asian countries with highest and lowest unemployment rates

Asian countries with highest and lowest unemployment rates March 23, 2018 Mongolia, Pakistan, Indonesia and Philippines have the highest employment rates in Asia. By contrast, Cambodia, Thailand and Laos post the lowest unemployment rates. Mongolia has the highest employment rate in Asia with 7.3 per cent. The country has seen a poor labour market with […]

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Vietnam’s Eurowindow plans to invest up to $120m in Myanmar factories

Vietnam’s Eurowindow plans to invest up to $120m in Myanmar factories Eurowindow, Vietnam’s leading supplier of doors and facades, plans to invest up to $120 million in setting up two factories in Myanmar to supplement both local and regional demand. Speaking on the sidelines of the opening ceremony of its Myanmar representative office, Eurowindow general […]

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IKEA unpacks plan for new store every year in Southeast Asia

IKEA unpacks plan for new store every year in Southeast Asia IKANO Private Ltd, which operates IKEA stores in Southeast Asia, yesterday announced an ambitious plan to open one store every year in the region over the next five to 10 years. The company yesterday officially opened its second IKEA store in Bang Yai district […]

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Deal signed to set Thai rail standards

Deal signed to set Thai rail standards The Engineering Institute of Thailand (EIT) on Friday signed a memorandum of understanding (MoU) with the Office of Transport and Traffic Policy and Planning (OTP) to establish a set of engineering standards for upcoming railway projects countrywide. The MoU involves the EIT’s agreement to distribute copies of the […]

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TTC Energy signs up Japanese contractor for solar plant

TTC Energy signs up Japanese contractor for solar plant Gia Lai Electricity Joint Stock Company has hired Japanese-owned JGC Vietnam Co., Ltd as the contractor for the construction of a solar power plant in the Central Highland province of Gia Lai’s Krong Pa District. The lump sum turnkey contract covers engineering, procurement, construction and commissioning […]

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Central Group sets B200bn growth plan

Central Group sets B200bn growth plan Central Group, the country’s biggest retail conglomerate, aims to spend a combined 200 billion baht over the next five years in expanding its retail, hotel, property and e-business both at home and abroad, with an aim of doubling sales to 800 billion baht. Tos Chirathivat, the group’s chief executive, […]

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