Sales at Peninsula Residences Yangon to commence this month Singapore-listed Yoma Strategic Holdings together with its partners, Yangon-listed First Myanmar Investment Company Limited (FMI) and the Hongkong and Shanghai Hotels (HSH) will start selling housing units from the Peninsula Residences Yangon this month. The Peninsula Residences Yangon is being developed on a 10-acre site in […]
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Super business challenges in Myanmar YANGON, 27 March 2018: Family-run firms, a lack of transparency and murky money networks in the former junta-led country continue to make doing business in Myanmar “super challenging”, a new study mapping the country’s top companies said on Monday. Myanmar’s economy remains dominated by military firms and an elite of […]
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Future Betong airport runway to handle large aircraft March 27, 2018 Ongoing construction of the Betong Airport on a 920-rai (147.2-hectare) plot of land in Yala’s Betong district has progressed by 35 per cent, and is slated for completion by the end of 2019. Yala new usually receives about 600,000 visitors per year – a […]
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Alliance Laundry invests Bt1.5 bn on Chonburi factory March 24, 2018 ALLIANCE Laundry Systems, which claims to be the world leader in commercial laundry equipment, yesterday announced a Bt1.5 billion investment for a new manufacturing plant in the Hemaraj industrial estate, known as HESIE 2, in Chon Buri province. Construction will begin in April and […]
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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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Thai debut for ALE newbies ALE has deployed three new tower cranes at Wind Energy Holding’s 150-turbine Thepharak wind farm project in Thailand. The K1650L cranes provide increased lifting capabilities and can work during high wind speeds, ALE said. The free-standing pedestal cranes have 70-metre booms, which allows for a shortened up-and-down boom movement compared […]
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Mixed reactions to Kra Canal project March 25, 2018 EXPERTS URGE GOVERNMENT TO SET UP A COMMITTEE AND UNDERTAKE A FEASIBILITY STUDY SO THAT A FINAL DECISION CAN BE MADE Despite a history going back three centuries, the highly controversial and politically sensitive proposed Kra Canal mega-project in southern Thailand is once again up for […]
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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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Kra Canal: A shortcut to convenience and cash Pakdee Tanapura, head of the Thai Canal study team at the Thai-Chinese Culture and Economy Association, argued that because of current congestion in the Malacca Strait, the Thai Canal would provide another channel for ships. Shipping times between the South China Sea and the Andaman could be […]
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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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