Laos News
LEADWAY, IN cooperation with Japanese-based Sumitomo Construction Machinery, is leaving no stone unturned in adopting “aggressive business strategies” to capture a larger market share in an attempt to become one of the top three companies in the excavator markets of Thailand, Myanmar and Laos in five years. Chakart Seanchan, managing director of Leadway Heavy Machinery, […]
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Thailand’s listed power producer Ratchaburi Electricity Generating Holding PCL (RATCH) plans to invest around $1 billion in power plants in Indonesia, Laos and China, a top official with the company said. The company expects its aggressive investment to double its electricity production capacity to 8,000 megawatts, increasing its enterprise value from the current level of […]
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The US$3.5 billion Xayaburi hydroelectric project is 60% complete. It is the first of 11 projects proposed for the Lower Mekong River in Southeast Asia as part of Laos’ plan to become the “battery of the region.” The Loa and Thailand governments began building the project in 2012 and published reports indicate it is now […]
Continue ReadingRatchaburi Electricity Generating Holding has announced its short-term business plan, with the aim of boosting enterprise value and maintaining shareholders’ returns. The three main approaches are exploring new investments, managing efficiency of main power plants and completing construction of new plants as planned. The business plan aims to push the enterprise value to Bt188 billion […]
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A railway worker walks in front of bullet trains at Hefei, China, built like many railways around the world entirely by Chinese labour with Chinese supervision. (Reuters photo) The Office of the Vocational Education Commission (Ovec) is cooperating with the Chinese embassy in Thailand to establish a Thai-Chinese Institute of Technology. The move is an […]
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Karen ethnic Thai villagers at the Salween River will be affected by the planned Hat Gyi Dam in Burma’s Karen state. The strong turn-out for Myanmar’s elections on Sunday demonstrates that people in Myanmar are not only eager to participate, but are also demanding their right to participate in decisions which will impact their lives […]
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Prayuth Chan-Ocha, the general who runs Thailand, wants to turn once unruly border regions into zones of economic prosperity. For much of the past century, the Thai border town of Mae Sot stood on one of Asia’s wilder frontiers. On the opposite bank of the swirling, mud-brown Moei River in neighboring Myanmar, Karen insurgents waged […]
Continue ReadingFurniture makers Index Living Mall and SET-listed Modernform Group will continue to expand in Myanmar in response to rising demand from the property sector. They said their expansion plans in Myanmar will move forward as usual regardless of the outcome of the national election. Modernform assistant vice-president Tummanit Suphanochakul said the company wanted to cash in on huge […]
Continue ReadingThe Labour Ministry will seek the cabinet’s approval next week to slash visa fees for Vietnamese workers as the country grapples with a labour shortage. The visa fee for Vietnamese workers will drop from 2,000 baht to 500 baht, said ML Boondarik Smithi, permanent secretary for labour, adding the request will be lodged at the […]
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A house is built using the laminate wood panel from Leowood. (Photo supplied by the company) Driven by prospective sales growth in Vietnam, Leowood Intertrade Co, a maker of laminate flooring, will spend 50 million baht to expand production capacity by two-thirds next year. The move is aimed at achieving 2016 sales of 1 billion […]
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