Lao Officials Balk at China’s Loan Terms For Railway Project

Laos hopes a railway between Vietnam and Thailand and another connecting Thailand and China will help drive socio-economic development in the impoverished country. Lao government officials have expressed concern about the interest rate on a U.S. $500 million loan from China to build a multibillion-dollar, high-speed railway through the Southeast Asian nation, and have asked […]

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2nd Thai-Myanmar bridge signed

Thai Transport Minister Arkhom Termpittayapaisith, right, shakes hands with Myanmar Construction Minister U Kyaw Lwin in the signing ceremony in Naypyidaw on Thursday. (Transport Ministry photo) Transport Minister Arkhom Termpittayapaisith signed an official agreement on Thursday for the construction of a second Thai-Myanmar bridge across the Moei River from Mae Sot district of Tak province. […]

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