Myanmar News
Wind Energy Holding sees winds of change blowing yet again IPO on the horizon for renewable energy firm 26 April 2018 Wind Energy Holding (WEH) is preparing for a 2019 IPO, several years after the original public offering was derailed by one of the most publicised corruption scandals to hit Thailand. The company had been […]
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CH Karnchang bets on infrastructure 28 April 2018 CONSTRUCTION firm CH Karnchang Plc aims to secure at least a quarter of the contracts expected to be put to bids this year under the government’s plans for infrastructure projects, chief executive officer Supamas Trivisvavet said yesterday. “With the total value of the projects at Bt2.39 trillion, […]
Continue ReadingThai builder WHA Corp eyeing 20% revenue growth May 04, 2018 WHA Corp, Thailand’s top industrial estate and warehouse developer, targets a 20 per cent revenue growth this year on higher government spending on infrastructure, foreign investment and a growing e-commerce market, its chief executive said on Wednesday. The company is also set to benefit […]
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Japan mulls resuscitating Myanmar’s failed Hanthawaddy airport proposal 02 May 2018 Japan and Myanmar are in discussions about resuscitating the failed Hanthawaddy International Airport project, according to the transport minister. U Thant Sin Maung, Minister for the Ministry of Transport and Communication, held a meeting with Tsukasa Akimoto, Japan’s State Minister of Land, Infrastructure, Transport […]
Continue ReadingDawei road loan nears Neda close to backing Myanmar link The Neighbouring Countries Economic Development Cooperation Agency (Neda) is about to approve a long-awaited road construction project linking Thailand and the Dawei deep-sea port in Myanmar. The move came after the Myanmar government finally approved borrowing of up to 4.5 billion baht in credit facility […]
Continue ReadingThailand plans to increase coal use in power generation – minister * To find new coal-fired power plant locations end-2018 * Increase coal’s share in power generation to ensure security * Electricity from renewable to be priced at grid parity Thailand is expected to increase the share of electricity generated by coal to diversify its […]
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Kingsmen on the lookout in region KINGSMEN CMTI Plc, a Thai-based provider of “one-stop services” in design and construction for retail and corporate interiors and exhibitions for the events industry, will open an office in Phnom Penh as it deepens a push into neighbouring countries this year. Pravit Sribanditmongkol, managing director of Kingsmen CMTI Plc, […]
Continue ReadingYangon mulls construction of sea port at river Plans to build an international sea port at the mouth of the Yangon River, which will be strategic for Myanmar and its neighbours, are underway, Yangon Chief Minister U Phyo Min Thein said yesterday at the meeting with Vice President held at Republic of Myanmar Federation of […]
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Yangon provides timeline, details of new projects The Yangon Region Government will this year commence development of several new projects including the construction of two new townships and a Special Economic Zone (SEZ) in Yangon under the city’s Urban Development Master Plan. Among the projects slated for 2018 are two new townships – Kyee Myin […]
Continue ReadingThailand, Myanmar to open Friendship Bridge 2 in May 2018 The Thailand-Myanmar Friendship Bridge 2 is expected to open in May to facilitate cross-border transport of goods over the Thaungyin River in Myawady, Kayin State, Deputy Minister for Construction U Kyaw Lin said. U Kyaw Lin told the Pyidaungsu Hluttaw (parliament) on Monday that Thailand […]
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