CP, ThaiBev line up for Thailand train deals

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 ...

Foreigners flee Thai stocks

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 invested at That Luang Marsh project, Laos

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 ...

7-Eleven to invade Vietnam

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 ...

Megaprojects biggest risk seen

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 ...

Chinese loan for Cambodia's rice sector on hold

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 ...

Vietnam Jan-July foreign investment declines 8 pct

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 set to seal mobile lead in Laos

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 ...

Vietnam's economy a global bright spot in 2015

Vietnam’s economic growth has continued to firm up in 2015 with gross domestic product forecast to expand 6.3 per cent in the first half of this year, according to the World Bank’s latest Taking Stock report. The bank’s semi-annual review of Vietnam’s economic performance said the ...

Dagon City’s demise casts doubts on real estate investment in Myanmar

A government decision to ax a luxury development project and four others amid opposition from Buddhist monks has left developers wondering if their investments are safe in one of the world’s fastest-growing real-estate markets. Last month the government axed plans for the $300-million Dagon City luxury development. ...

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