Infrastructure
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 ...
OK for coal trans-shipment port
Deputy Prime Minister Trịnh Đình Dũng has approved the proposal to build a coal shipment port in the southern region.Keep reading ...
China may sell electricity to Myanmar amid warming ties
Energy-hungry Myanmar is in initial talks to buy electricity from China, according to officials and documents reviewed by Reuters, in the latest sign of warming ties with Beijing under leader Aung San Suu Kyi. Since taking office in April last year, Ms Suu Kyi has sought ...
Traded hydropower firms see better results in 2017
High rainfall volume and domestic demand have raised hydropower plant earnings in the first six months of 2017 and promised to lift their performances in the remaining half, according to Việt Dragon Securities Corp (VDSC). Two of the nine hydropower plant operators trading on the ...
Myanmar’s stakes in two Belt and Road economic corridors
Myanmar is involved in two of the six economic corridors under China’s Belt and Road Initiative (BRI), according to a report from a multinational professional services firm.The country’s involvement in the two corridors underlines its geopolitical advantage in facilitating the connectivity between China and South ...
SE Asia stocks edgy as Russia sanctions unnerve investors
Most Southeast Asian stock markets were largely tepid on Thursday, as concerns over US President Donald Trump signing the Russia sanctions bill kept investors on edge.Keep reading ...
Solving Myanmar’s power problem
Stay in Yangon long enough and you’ll probably experience the electricity going off halfway through your meal at one of the city’s many restaurants. The problem is so common in the city that you might also have noticed the other patrons carrying on with their dinners ...
Big Four firm hails Belt and Road as a “global game changer”
A recent report from a multinational professional services firm praises China’s Belt and Road Initiative (BRI) as transcending beyond initial expectations by extensively boosting trade and commerce and supporting both physical and social infrastructures. It urged foreign businesses to join the game. The report Repaving ...
Asia’s infrastructure boom is coming to the cities most threatened by climate change
As a region, Asia pours an estimated $881 billion each year into infrastructure. Some recent notable works include the roughly 6,000-kilometer (3,700-mile) four-lane highway that connects New Delhi, Mumbai, Kolkata, and Chennai, which was completed in 2012; and the approved plan for a metro through ...
China calls for quick development of Sino-Thai rail link
A proposed high-speed railway linking southern China to Thailand’s industrialized Eastern Seaboard should be built “quickly” according to Wang Yi, China’s foreign minister, after a meeting on Monday with Prime Minister Prayuth Chan-ocha. “This Thai-China train project may face problems but the important matter is ...
