Getty Images: A Burmese woman walks by billboards in Yangon, Myanmar. There is an Asian country that doesn’t have an active stock market or even a credit rating. Yet its economy may grow by 10 percent this year. Meet Myanmar, an unlikely growth star. The frenetic growth in the country formerly known as Burma is in […]
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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 […]
Continue ReadingJAPANESE solar-power company Yokohama Holdings has set up a joint-venture firm, Yokohama Holdings Energy (Thailand), with Thai investor Kittisak Jampathip-phong, a major shareholder of property brokerage Century 21, to expand the solar-energy business in Thailand. Takamichi Matsuda, chief executive officer of Yokohama Holdings, said his company saw an opportunity in Thailand to get into the […]
Continue ReadingThe airport construction project on Koh Phangan by commuter carrier Kan Air has trespassed on Than Sadet-Koh Phangan National Park, Surat Thani deputy governor Ouaychai Innak said on Wednesday. Mr Ouaychai said an inspection carried out by forestry officials found part of the land on a mountain in Thong Nai Pan bay which had been […]
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An aerial view of the Bangkok Expressway in Bangkok’s Klong Toey district. Bangkok Expressway Plc, operator of the network, is merging with subway operator Bangkok Metro Plc to form a new company. SEKSAN ROJJANAMETAKUN The new construction company to be formed by the merger of SET-listed Bangkok Expressway Plc (BECL) and SET-listed Bangkok Metro Plc […]
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The map shows the high-speed railway between Kunming and Singapore. [Photo: asiantimes.com] A transnational railway linking China and Singapore is set to be constructed. The construction of the segment in Laos will start in November. The Laos section, over 400 kilometers long, will take 5 years to complete and cost around 7 billion U.S. dollars. […]
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THAILAND: Vestas has won a 126MW deal from Thai renewable energy developer Energy Absolute. Vestas’ V110 1.8MW turbine will be installed at the site in southeast Thailand Vestas will supply, help to install and commission 70 V110-1.8MW turbines to the Had Kanghan site in southeast Thailand. Delivery and project completion is expected in early 2016, […]
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A new bus route from Suvarnabhumi airport to Udomsuk BTS and Bang Na will roll out next month at a fixed fare of THB30. On Oct. 1, Bangkok Mass Transit Authority (BMTA) will launch bus A3, which will run from Suvarnabhumi airport to five stops along Bang Na road including King Kaew intersection, Mega Bang […]
Continue ReadingLast week, Myanmar officials wore big smiles at the official launch of the Thilawa Special Economic Zone. They were jubilant that, at last, the nation has its first international-standard SEZ, equipped with all the infrastructure a major business needs – electricity, water supply and port facilities. The project is a joint endeavour, and much of […]
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Airport Rail Link urgently needs new trains. (Photo by Nattapol Lovakij) The transport minister has ordered SRT Electric Train Co to go ahead with the purchase of new trains for its Airport Rail Link even though only one company bid on the contract. Transport Minister Arkhom Termpittayapaisith said Monday the train procurement from the China […]
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