Infrastructure
Government pushes expressway to go ahead
The government has instructed authorities to resume construction of a section of the long delayed northern expressway linking the Kasetsart intersection and Nawamin Road, also known as the N2 section. The planned expressway, which will link west Bangkok at Bang Pa-In-Bang Phli motorway to east ...
Laos, Vietnam give full support to fuel supply pipeline
Motorists in Laos could enjoy lower prices at the pump now that the Lao and Vietnamese governments have expressed their full support for the construction of a pipeline that would deliver fuel from Vietnam to Laos. The survey, design and feasibility study of the proposed ...
Bosch backs Thai 4.0 push
The government’s Thailand 4.0 initiative has provided a tremendous business opportunity for German Bosch Group to roll out its smart solutions to all key industries, the chief of the company said. “We welcome and are happy with Thailand’s direction to transform into a digital economy,” ...
Cross-ocean line lights up island commune
Lại Sơn Island Commune in the southwestern province of Kiên Giang was officially linked to the national grid on November 26 upon the completion of the cross-ocean 110kV line, the country’s longest above-sea power project so far. The project was built by Electricity of Việt Nam’s ...
City Infrastructure JSC sells $40m bond
HCM City Infrastructure Investment JSC on November 24 signed a contract to sell US$40 million worth of convertible bonds to KEB Hana Banktrustee and Custodian Business, the first tranche in its plan of issuing $60 million bonds to raise funds for its projects, the HCM Stock ...
Sepo urges SRT land development
The State Enterprise Policy Office says land development of 39,000 rai held by the debt-ridden State Railway of Thailand could offer a quick solution. Director-general Ekniti Nitithanprapas said SRT, one of the biggest landlords in the country, has holdings that are ideal for commercial development. Some ...
Halal order raises stakes for abattoir
SLN Meat Supplies, the company behind Cambodia’s first industrial slaughterhouse, is hoping to secure an export contract to supply $50 million worth of halal beef to a Malaysian distributor. This would be the company’s first overseas export agreement, and a much-needed boost to secure regular ...
Rice cooperatives still held back by marketing
Lao rice cooperatives have made good progress in terms of their rice production efforts but marketing and sales deficiencies are still causing problems for the co-ops. Agricultural officials and representatives from model cooperatives in the provinces of Xayaboury, Khammuan, Savannakhet and Vientiane are currently meeting ...
ASEAN Ministers boost Belt and Road
Southeast Asia is ready to open more commercial doors to the Chinese government’s Belt and Road program, following a meeting of transport ministers from China and the 10 members of the Association of Southeast Asian Nations. Belt and Road, a trade and infrastructure construction initiative ...
The AIIB and shifting economic dynamics in Southeast Asia
The China-led Asian Infrastructure Investment Bank, which seeks to help plug Asia’s infrastructure-funding gap, has begun shifting the economic balance of power and influence in Southeast Asia, a region in which Japan and the United States have traditionally been the key external economic players. While ...
