Vietnam’s key North-South Expressway project sees revised plan The plans for Vietnam’s key North-South Expressway project are being amended. The Vietnam Government has said it intends to change its plans for three sections of the North-South Expressway. Instead of being carried out under the PPP model, these will now be handled under a public investment […]
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Pandemic brings Cambodia’s real estate activity to near nil The ongoing Covid-19 pandemic has hammered the sales of land plots around the Kingdom. Hong Menea The value of Cambodian real estate has not shown signs of decline in recent weeks, despite the Covid-19 pandemic bringing market activity to a virtual standstill, industry insiders said on […]
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Two China-Laos Railway bridges complete closure over Mekong River The Ban Ladhan Mekong River Super Major Bridge on Wednesday (April 1) achieved its main section closure over the Mekong River, and thus, major engineering works on both cross-Mekong bridges along the railway have been completed. According to the Laos-China Railway (LCRC), a joint venture in […]
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PTT to to continue gas production in Myanmar to maintain Thailand’s gas output Energy policymakers have ordered national oil and gas conglomerate PTT Plc to continue gas production in Myanmar during the Songkran holiday to avoid an electricity interruption from surging demand from home workers. Imported gas from Myanmar’s Yadana, Yetagun and Zawtika blocks account […]
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‘Largest onshore rotors in Asia’ as GE wins Mui Ne wind farm project in Vietnam US group to deliver 5MW Cypress machines to second phase of project developed by regional partners GE Renewable Energy has won a turbine deal in Vietnam that’s said to see the largest rotors yet to be deployed in Asia. The […]
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Myanmar’s construction sector contracts 30% due to COVID-19 pandemic Industry insiders say that the country’s construction sector has slowed by around 30 percent due to the COVID-19 pandemic. “There are construction projects that have been suspended due to a shortage of imported building materials and some have been stopped temporarily due to cash flow problems. […]
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New retail in Bangkok declines in first quarter as pandemic persists Lowest supply in a decade expected New retail supply in Bangkok and the surrounding area in the first quarter of this year is expected to decline by 65% year-on-year because of an array of negative factors, including the coronavirus pandemic. According to Surachet Kongcheep, […]
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Thailand’s Super Energy Corporation assigns $457m for Vietnam solar deals Despite the looming global recession caused by the Covid-19 pandemic, SET-listed Super Energy Corporation announced that it will allocate US$457 million for asset acquisition in Vietnam this year. Chairman and acting managing director Jormsup Lochaya said the company decided to take over four solar farm […]
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Vestas secures fourth intertidal wind energy project in Ben Tre Province, Vietnam Maintaining its successful momentum with 200 MW order intake in Vietnam last year, Vestas has now secured its fourth intertidal project in the country with a 29 MW order with Sigma Engineering Joint Stock Company. The Ben Tre V1-3 wind power project will […]
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Bangkok’s MRT Blue Line launches full service from 30 March 2020 The MRT Blue Line will be fully operational from March 30, officials said on Sunday. They said that with the arrival of 35 new trains, all 54 Blue Line trains will be operated covering all new stations. The line is 48 kilometres long and […]
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