Myanmar News
WITH a clear road map leading the way toward economic and political development, Myanmar has become a beacon of hope for a growing number of foreign investors lured by the promise of riches in the years to come. With that in mind, the Thai ambassador to Myanmar has suggested that Thai entrepreneurs jump on the […]
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A corner of Thu Thiem new residential area in Ho Chi Minh City. Photo: Nguyen Van Hai Vietnam is expected to be the best performing real estate market in Southeast Asia in 2016 due to an easing of foreign ownership rules, experts have said. “Currently Vietnam is offering the most exciting opportunity in the region, […]
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Over 100 villagers are barred from attending the public hearing on the coal-fired power plant in Thepa, Songkhla in July. Chanat Katanyu Not only will 118 families, or some 500 people, in Songkhla’s Tepha district be evicted by the Egat coal-fired power plant, but it is also widely feared that the Gulf of Thailand’s ecosystem […]
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China has started constructing new railways from Yunnan province to neighbouring countries, including this line linking Kunming with Myanmar LAOS: Construction of the planned standard gauge corridor running north-south through Laos could begin next month, according to officials in Vientiane. The railway would be an extension of China Railways’ existing line running south from Kunming […]
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Thai department store chain Robinson says it will open outlets in planned special economic zones to encourage cross-border trading. The Central Retail Corporation subsidiary says it will open a new Lifestyle Centre at Mae Sot in the Tak province, on the border with Myanmar. It follows a similar store which opened in Mukdahan, on the […]
Continue ReadingThe recent controversy over the encroachment on Phu Thap Boek mountain is simply another example of the uncontrolled growth of tourism in Thailand. In the past couple of years, many resorts and tourist lodges had sprung up at the top of Phu Thap Boek mountain in Phetchabun, which was originally meant to be preserved for […]
Continue ReadingTHE ENERGY MINISTRY has revealed that a drilling site in Khon Kaen has enough gas to operate commercially – so a gas pipeline and another rig at the same site are set for construction within the next few months. But a local environment group warned that petroleum production in the area would severely affect nearby […]
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CapitaLand Limited’s wholly owned serviced residence business unit, The Ascott Limited (Ascott), has made its first foray into the popular tourist destinations of Pattaya in Thailand and Cebu in the Philippines by securing five new contracts to manage 875 apartment units. With 14 management contracts signed in Southeast Asia this year, Ascott has added over […]
Continue ReadingThe proposed four-lane road linking Kanchanaburi with Myanmar’s Dawei deep-sea port and special economic zone (SEZ) is expected to go before the neighbouring country’s cabinet after the Nov 8 election. The 134-kilometre road valued at 4.5 billion baht will help shorten travel time between Kanchanaburi province and Dawei to two hours from four or five at […]
Continue ReadingMyanmar will be home to Southeast Asia’s largest solar power plant. Black & Veatch was recently appointed by Green Earth Power (Thailand) to provide design and consultancy services for the project with the construction to commence in the first quarter of 2016. “Electricity is an urgent priority in Myanmar and has serious implications on economic […]
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