Myanmar News
Building bridges between Laos and Thailand for better lives Laos overcomes its land-locked geography with overland cross-border infrastructure, boosting interconnectivity between countries in Southeast Asia. Waking up in one country and shopping in another may sound like the life of a high-flying chief executive, but not for Vannasinh Phrasavath, who does it every time she […]
Continue ReadingYongnam Holdings announces framework agreement to build Myanmar airport expires ENGINEERING and construction services provider Yongnam Holdings announced that a framework agreement to build a new Myanmar airport has expired, putting the future of the project in doubt. Yongnam, part of a consortium with JGC Corporation and Changi Airports International (CAI), said that the agreement […]
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ADB to finance B.Grimm Power’s Asean energy project The Asian Development Bank (ADB) signed a loan for $235 million to B.Grimm Power, one of the largest power producers in Thailand, to develop and enhance renewable energy capacity in Asean member countries. ADB’s financing will support B.Grimm Power’s implementation of the Asean Distributed Power Project, which […]
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Thai renewables companies forced to seek opportunities abroad Government control and rising competition mean less room for domestic growth Thai renewable power companies operating solar and wind farms are shifting investment overseas, despite the government’s target of making renewables contribute up to 25% of the country’s total power mix by 2021. The state’s control over […]
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Eight years needed to build Yangon railway station project With an estimated price tag of US$2.5 billion and eight years to build, the time cost and investment needed for the Yangon Central Railway Station redevelopment are massive. THE US$2.5 billion Yangon railway station project, which is set to be Myanmar’s largest joint venture investment project […]
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Myanmar Railways selects winner for $2.5 billion Yangon railway station project Myanmar Railways has chosen a consortium of Myanmar, Chinese and Singaporean firms to undertake the massive Yangon Central Railway Station redevelopment – one of the country’s largest property projects to date, with an estimated US$2.5 billion price tag. Singapore-listed Oxley Holdings announced last night […]
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Bangkok Marriott Hotel The Surawongse to open Marriott Hotels, the iconic flagship brand of Marriott International, will open the Bangkok Marriott Hotel The Surawongse in Q1 2018. Owned by TCC Land Asset World (Asset World Corporation, A member of TCC Group), the five-star hotel is situated on Surawongse Road, Bangkok’s bustling thoroughfare that runs from […]
Continue ReadingThailand’s biggest solar firm plans $1.76 billion in Vietnam wind projects BANGKOK (Reuters) – Thailand’s largest solar energy company, Superblock Pcl, plans to invest 56 billion baht ($1.76 billion) to install 700 megawatts (MW) of wind farms in Vietnam, the company’s Chairman Jormsup Lochaya told Reuters on Friday. The first phase of the investment will […]
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Thailand’s biggest wind power generator plans solar, hydro expansion BANGKOK (Reuters) – Thailand’s biggest wind power generator, Wind Energy Holdings (WEH), plans to invest into other sources of electricity including solar, hydro and biomass to back up its capacity, its chief executive told Reuters in an interview. Thailand has emerged as Southeast Asia’s leading developer […]
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From law courts to luxury in Yangon; the Heritage Hotel Kempinski Yangon Downtown’s largest restoration project to open as 5-star hotel YANGON — Downtown Yangon’s largest restoration project to date will open its doors this spring, no longer as a somber law and justice institution, but as a luxurious five-star hotel. The transformation of Myanmar’s […]
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