Myanmar News
YANGON, 19 March 2015: Local company Tala Mon is planning to invest more than USD3 million over the next two years to renovate a historic Death Railway site in Mon State. Irrawaddy, an online news service, reported that the Mon State government gave Tala Mon permission to restore and construct new tourist facilities at the […]
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Myanmar workers get their passports stamped at the immigration checkpoint next to the first Tak-Myawaddy bridge in Mae Sot district. The second bridge will be built nearby in some three years to relieve congestion. (Photo by Assawin Pinijwong) The Transport Ministry will seek 3.9 billion baht to fund a second bridge spanning the Moei River […]
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Sunee Seripanu, CEO of the Mc Group, Wandee Khunchornyakong, CEO of SPCG Plc, Yuwadee Chirathivat, CEO of the Central Department Store Group, Somporn Juangroongruangkit, chairman of the Thai Summit Group, and Chadatip Chutrakul, CEO of Siam Piwat Co. (Bangkok Post photos) Five Thais made Forbes Asia magazine’s list of the Asia’s 50 most powerful businesswomen […]
Continue ReadingBANGKOK, Feb 26 (Reuters) – Thailand’s largest private power producer, Ratchaburi Electricity Generating Holding Pcl , said it plans to invest 13 billion baht ($399 million) in 2015, mostly on expanding its power business at home and Southeast Asia. The amount is part of a plan to spend $1.5 billion to boost its electricity generating […]
Continue ReadingIn order to satisfy Yangon’s energy needs, electricity production will be increased up to its maximum capacity of 400 megawatts this summer, according to Ministry of Electric Power (MEP). “Power lines and transformers are in position to boost electricity production. It takes 300-400 MW to light Yangon fully,” said an official from the ministry. Electricity […]
Continue ReadingThailand’s Thonburi Hospital Group (THG) said it expects to sign a memorandum of understanding with local firm Ga Mone Pwint to construct two hospitals in Myanmar. Dr Boon Vanasin, owner of Thonburi Group, said THG will invest $ 100 million and expects to take a 40 per cent stake in the hospitals, while the local […]
Continue ReadingLaos and Myanmar have set May as the date for the opening of the first bridge over the Mekong River that links the two countries. Xaysongkham Manotham, the project manager, told the Vientiane Times that the opening date had been moved forward from August after the US$26 million (848 million baht) bridge is completed in […]
Continue ReadingLow unemployment (below 1% since 2011) due to low birth rate, lack of social insurance & informal sector with 64% of workforce (street vendors, motorbike taxis, self-employed). Sugar-cane farmers in Chon Buri province are among the more than 40% of Thailand’s population engaged in agriculture, where there is a high degree of underemployment and off-season […]
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Bangkok: With the second decade of this century becoming known for mega canal projects, an old Thai infrastructure plan is being dusted off once again. Expansion works at both the Panama and Suez canals are well underway while a Chinese tycoon plans to carve a waterway through Nicaragua. In Thailand, the 200-plus year old plans […]
Continue ReadingItalian Thai Development Pcl and Rojana Industrial Park will sign a $1.7-billion deal in March to develop the Dawei industrial zone in Myanmar, the Thai government said on Friday. Set to be Southeast Asia’s largest industrial complex when complete, the ambitious and long-delayed Dawei project in southeastern Myanmar includes highway links to Bangkok and Thailand’s […]
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