Infrastructure
Finance Ministry plans reforms in five areas
The Finance Ministry is going ahead with economic reforms in five areas, while standing ready to invest in infrastructure in the hope of making Thailand a transport hub for the CLMV (Cambodia, Laos, Myanmar and Vietnam) subregion. Speaking at an event called “SET in the ...
Lao-Thai railway section I ready for service
The Lao-Thai Railway Construction Project Phase II is now completed, while Section II will begin operations at the end of this year. The project handover ceremony was held on March 23 between the Ministry of Public Works and Transport and Neighbouring Countries Economic Development Cooperation Agency ...
Insurers help to pay for Asia's infrastructure needs
A recent $150 million refurbishment of two decades-old geothermal power plants on the Philippine island of Luzon may sound like just another project aimed at overcoming the country’s severe electricity shortages. But, for Asia’s insurance companies, there is more to it. Bonds issued to pay ...
Aviation training center inaugurated
Cambodia’s first Civil Aviation Training Center, with funding from South Korea, was officially inaugurated on March 22 and already plans to receive 274 trainees for its 14 training courses. Speaking at the inauguration ceremony, Mao Havannall, a secretary of state at the State Secretariat of Civil ...
New ToR for double-track rail projects expected in two weeks
New terms of reference for the multibillion-baht double-track railway project will be finished within two weeks, according to Anon Luangboriboon, acting State Railway of Thailand governor. Meanwhile, share prices of construction have suffered declines, attributed to the junta’s delay on the railway projects. After the original ToR ...
German bank to loan 23 million euro to power hundreds of villages in Shan State
Germany is giving Myanmar a Euro 23 million loan to supply electricity to 416 villages in southern Shan State, a Electricity and Energy Ministry official said. He that Germany had agreed to loan the funds totalling Euro 23.884 million, and the matter was now pending ...
Mandalay FDA to check water factories
The Mandalay Food and Drug Administration branch will be running spot-checks at factories producing drinking water to ensure production is according to standard. The authority’s deputy director Dr Kyaw Kyaw said those who failed to comply with the standards would be ordered to stop their distribution ...
Transparency or risk fine, warning for online sellers
Online traders must display prices and details of products and services or risk being fined, the government has warned. Nuntawan Sakuntanaga, director-general of the Internal Trade Department, said the Royal Gazette recently published the announcement of the central commission on prices of goods and services signed ...
Board scraps ToR for B96bn rail plan
The so-called “scrutiny superboard”, overseeing the multi-billion-baht state procurement projects, has decided to scrap the terms of reference for five controversial double-track railway projects as part of its move to eliminate alleged irregularities. New ToR as well as new bidding procedures will be drafted. The decision must ...
Sahapat boosts logistics facilities
Consumer – goods distributor Sahapat will invest around Bt650 million to set up a new central warehouse and data centre as it targets revenue of Bt33 billion this year. The company says it will also come out with new products. Boonchai Chokwatana, chairman of Saha ...