Laos News
When a democratically elected Burma president takes office this week after decades of military rule, some will be toasting the historic moment with a beverage decidedly not paired with this tropical, Southeast Asian nation: surprisingly high-quality, locally produced wine. They might pour themselves an Aythaya Sauvignon blanc (“internationally competitive,” says one wine critic), a Shiraz-based […]
Continue ReadingThai paint manufacturer TOA Paint (Thailand) plans to invest at least 1 billion baht (about $28.2 million) in three new factories in Cambodia, Myanmar and Indonesia, according to a report in Thai newspaper The Nation. Pongcherd Jemeekornkul, the president of TOA Paint (Thailand), told the paper that after establishing its sales representative offices and warehouses […]
Continue ReadingTHE DEMOCRAT Party yesterday formally asked Prime Minister Prayut Chan-o-cha to have his government review the Sino-Thai high-speed-rail project, claming it could not be justified economically. While supporting investment in development of the country’s rail system in general, and proper investment in the high-speed-rail project, Democrat Party leader Abhisit Vejjajiva said in the letter to […]
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Experts question economic feasibility as work on a double-track railway is already under way on the same route. THE GOVERNMENT should call an international bid for the Bangkok-Nakhon Ratchasima high-speed-rail project, as it is no longer a joint venture with China, according to transport experts. Prime Minister Prayut Chan-o-cha has said Thailand will invest wholly […]
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The capital of Laos is a low-rise, low-key city, especially when compared with the hulking high-rises and bustling streets of better-known Southeast Asian cities such as Bangkok, Kuala Lumpur and Singapore. But this once-sleepy city is fast shedding its sedate reputation due to a building boom ahead of international summits that will bring U.S. President […]
Continue ReadingBy John Draper, Peerasit Kamnuansilpa Doubts over financing, speed and who operates the line are NCPO The vision behind China’s Trans-Asia Railway is breathtaking and seeks to re-establish the classical Silk Road in a re-imagined Silk Road Economic Belt. It would bring Bangkok into direct contact with the economic powerhouse of Chengdu, capital of Szechuan […]
Continue ReadingOPTIMISTS BELIEVE the controversial Thai-Chinese railway project, which has been under negotiations for more than three years, will go ahead despite some hindrances resulting from new conditions initiated by the Thai side. On November 17, the Thai Cabinet approved a Framework of Cooperation (FoC) agreement with China for development of Thailand’s transport infrastructure from 2015-22. […]
Continue ReadingSouth Korea’s TN Energy Co is teaming up with Lao State Fuel Co to set up a joint venture to produce bioethanol fuel called Power Gasoline (PG) for sale in the country. The joint venture, to be called Lao K-tech Co, will be established this year. The new company will be located at Dongphosy village […]
Continue ReadingState Railway of Thailand calls for foreign-Thai JVs FOREIGN CONSTRUCTION companies are welcome to join the government’s infrastructure projects as long as they find a Thai partner, according to the State Railway of Thailand. SRT governor Wuthichart Kalyanamitra said yesterday that the authority was not preventing foreign firms from participating in the bidding for construction […]
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SET-listed Noble Development Plc plans to launch four new projects worth a combined 12 billion baht, aiming for 7 billion baht in presales by the end of the year. The company will have sales roadshows in Myanmar, Laos and Cambodia to tap demand for Bangkok condominiums. “Bangkok condos in the luxury segment are attractive to […]
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