Economy and commerce
Investment
Govt to offer incentives to port investors
Authorities are seeking approval from Deputy Prime Minister Somkid Jatusripitak for a new benefit-sharing arrangement between state and private sectors to give four river and sea ports shunned by investors a new lease on life.Keep reading ...
Ministry warns gold mining companies to pay outstanding debt
There are outstanding 150 viss of gold debts to be paid by over 100 gold mining companies to the government, U Phone Myint, deputy director from No. 2 Mining Enterprise under the Ministry of Natural Resources and Environmental Conservation, told The Myanmar Times. A total ...
Myanmar opts for domestic power generation despite neighbours’ offers
Plans are underway to generate electricity from local power plants even though some neighboring countries – China, Thailand, Laos and India – have offered to sell their electricity to Myanmar, Deputy Permanent Secretary U Myint Soe of the Ministry of Electricity and Energy (MOEE) told ...
Fast trains to nowhere in Southeast Asia
China’s Foreign Minister Wang Yi urged Thailand on a July 24 visit to strengthen “cooperation in the construction of the China-Thai railway,” calling the kingdom “a very important partner” in China’s One Belt One Road initiative. Yi did not make clear, at least in his ...
Đà Nẵng lists 68 PPP projects for investment
The central city has listed 68 Public-Private-Partnership (PPP) projects, of which 22 in High-Tech industries, for calling investment from domestic and foreign businesses in 2017-20.Keep reading ...
RAOT working to boost rubber futures
The Rubber Authority of Thailand (RAOT) has joined five rubber traders to set up a 1.2-billion-baht fund to invest in paper rubber traded on the Thailand Futures Exchange (TFEX), aiming to boost anaemic volume in rubber futures. Keep reading ...
Chinese investor rings up majority stake in ETL
China’s Comba Telecom has vowed to provide Lao users with improved service and mobile experiences after it successfully acquired a majority stake in Laos’s ETL Public Company and stepped up its management improvement efforts. The Chinese investor bought a 51 percent stake while the Lao ...
Fast train linking 3 airports awaits bids
The latest feasibility study on building a high-speed train to link the three airports of Don Mueang, Suvarnabhumi and U-tapao in nearby Rayong province has been completed. The 280-billion-baht project is due to open for bidding later this year or in early 2018.Keep reading ...
Cà Mau wants to build $3.5 billion seaport
Southernmost Cà Mau Province is seeking investment to develop a US$3.5 billion seaport complex, which can receive vessels of up to 250,000 tonnes capacity, on Hòn Khoai Island.Keep reading ...
China helps launch $13bn rail project in Malaysia
China and Malaysia broke ground on Wednesday on a $13 billion rail project linking peninsular Malaysia’s east and west, the largest such project in the country and a major part of Beijing’s Belt and Road infrastructure push. Keep reading ...
