Economy and commerce
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 ...
Tax exemptions on diamonds, emeralds and gold approved
The Pyidaungsu Hluttaw agreed on Tuesday to stop levying special commodity tax on diamonds and emeralds, as well as commercial tax on gold nuggets. “As those items should be exempted from taxes, Hluttaw agreed to it.” Public Account Joint Committee Member and Kayin State, Hlaing Bwe ...
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 ...
Fibre, yarn exports surge over last 7 months
Over 341,000 tonnes of fibre and yarn were shipped abroad for $933.4 million in the first half of this year alone, up 18.5 per cent in volume and 29.47 per cent in value, according to the General Department of Customs. Keep reading ...
Three MOI-owned factories in Yangon to cooperate with private sector
Three factories under the Ministry of Industry (MOI) in the Yangon Region will cooperate with local and international private investors after inviting Expressions of Interest (EOI), Assistant Secretary U Aung Soe Ya of the MOI told The Myanmar Times.Read more ...
Trà Vinh gives licence for wind power project
Trà Vinh Province’s Management Board of Economic Zones on Tuesday granted an investment registration certificate to two investors to develop the first phase of the Duyên Hải Wind Power Project.Keep reading ...
MOU on Kyauk Phyu SEZ likely in August
An MOU between China and Myanmar relating to a national-level framework for the Kyauk Phyu Special Economic Zone (SEZ) is likely to be signed by August, a spokesperson of Kyauk Phyu SEZ Management Committee told The Myanmar Times during an exclusive interview on August 4.Read ...
Chinese trade fair kicks off in Hà Nội
The sixth Zhejiang export fair, one of the most prosperous provinces in China, kicked off in Hà Nội on August 3.Keep reading ...
