Investment

Thai renewable company Impact Energy Asia (IEA) plans to build the largest wind farm in ASEAN – and generate 600 megawatts on 400,000 rai in southern Laos – under an agreement signed by the Lao government and the company on 7 August. “Called Monsoon Wind Farm, the US$1.5 ...

Prime Minister Nguyen Tan Dung suggested Myanmar to consider granting licences to the Bank for Investment and Development of Vietnam to open branches in Myanmar.   The Prime Minister received Governor of the Central Bank of Myanmar Kyaw Kyaw Maung in Hanoi on 6 August during his ...

Charoen Pokphand Group, Thailand’s largest agro-industrial and food conglomorate, will propose a 150-billion-baht investment plan for a high-speed train linking Bangkok, Pattaya and Rayong this month, Transport Minister Prajin Juntong says. Keep reading ...

Foreign investors are selling Thai stocks at the fastest pace this year as the nation’s military government struggles to deliver on pledges to revive economic growth. Overseas funds unloaded a net $774 million of Thai shares in July as the benchmark Stock Exchange of Thailand Index ...

Over US$180 million has been spent so far on building infrastructure facilities and condos at That Luang Marsh Specific Economic Zone (SEZ) in Vientiane, officials in charge of the project have said. Construction began in December 2012, with the US$1.6 billion project being developed as a ...

Japanese retail giant Seven & i Holdings Co said it has decided to open 7-Eleven convenience stores in Vietnam, where convenience store users are expected to increase with economic growth. Keep reading ...

Fund managers estimate the Stock Exchange of Thailand index will hover between 1,350 and 1,559 points this year, with public investment in infrastructure projects the biggest risk factor. The big question is whether the government will be able to invest in infrastructure projects as planned, said ...

A project to build 10 warehouses to store rice paddy using Chinese funding has hit a roadblock, as the Cambodian government has been unable to meet criteria set by the Chinese for the project, according to an official associated with the project. Keep reading ...

Foreign direct investment in the first seven months declined by 8 percent year-on-year to US$8.8 billion, Vietnam’s Foreign Investment Agency has reported.   Newly licensed projects were worth $6.9 billion, 1 percent up from last year.   Keep reading ...

Thaicom Plc’s mobile operating unit in Laos has seen its licence extended for another 25 years, six years before the expiry of the original contract. Thailand’s sole satellite service provider expects the extension granted to its joint venture company, Lao Telecom, to cement its leadership in the ...