Japan announces USD7 billion plan to develop Mekong region

Japan’s foreign minister announced a multibillion-dollar initiative yesterday to promote development in Southeast Asia’s Mekong region, which encompasses parts of Vietnam, Laos and Thailand through which the river flows. In a speech at Chulalongkorn University in Bangkok, Fumio Kishida affirmed the importance of Southeast Asia’s economic prosperity to Japan. He pledged 750 billion yen (USD7 […]

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Chinese Firm Wins EPC Contract for Oil Refinery in Cambodia

China National Petroleum Corporation (CNPC) Northeast Refining & Chemical Engineering Company on Wednesday secured an engineering, procurement and construction (EPC) contract from a Cambodian conglomerate to construct a 620 million-U.S.-dollar oil refinery in its first phase. The EPC contract was inked here between Li Limin, chairman of CNPC Northeast Refining & Chemical Engineering Company, and […]

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