Infrastructure

Transport and shipping

Yangon govt ups transport spending for new buses

The Yangon Regional government will revise its budget for the fiscal year in order to purchase 1000 new vehicles for the city’s new public bus system, region minister for finance and planning U Myint Thaung told The Myanmar Times. The city-wide Yangon Bus Service, which started ...

Coastal erosion threatens Bình Thuận Province

Extreme weather conditions resulting in a complex tide phenomenon, landslides and sea erosion are threatening coastal areas in central Bình Thuận Province, authority officials and local people have said. Mai Kiều, director of the provincial Department of Agriculture and Rural Development, said this week that ...

Foreign ministers move to enhance, deepen friendly Laos-Cambodia relations

Lao and Cambodian governments are looking toward to steps in furthering bilateral cooperation and further deepening friendly relations following an exchange visits by high-ranking delegations. Lao Minister of Foreign Affairs, Mr. Saleumxay Kommasith and his delegation paid official visited to Cambodia from January 24-25 in ...

China warned of risk to banks from One Belt, One Road initiative

Beijing’s plan to invest almost $1tn in infrastructure in some of the world’s poorest countries is raising concerns of risks for the Chinese banks backing the projects. Turmoil in countries such as Venezuela, where China has lent $65bn during the past decade, has led to ...

PM urges immediate measures to resolve traffic congestion in HCM City

Prime Minister Nguyễn Xuân Phúc on January 23 called on authorities in HCM City to continue efforts to tackle the worsening traffic congestion in the city. Phúc, along with Deputy PM Trịnh Đình Dũng, organised an online conference with city leaders and State agencies to seek ...

Uber and licensed cabs to replace Yangon taxi turmoil

Now that the new Yangon Bus Service is underway, the regional government is turning its attention to the city’s taxis, and is hoping to have a system of licensed cabs to run side-by-side with Uber drivers, according to chief minister U Phyo Min Thein. The Yangon ...

Passenger numbers rise 8.5% at airports

Passenger traffic to Cambodia’s three international airports continued to grow last year, with total arrivals and departures topping 7 million for the first time, according to the operator’s annual report. Khek Norinda, communication director for Cambodia Airports, the company that holds the concession to manage ...

Workers prepare ground for Laos-China railway

The construction of workers’ camps for the Laos-China railway is under way in Luang Namtha province but there is much to be done before work on the railway itself can begin. There are now 200 or 300 Chinese workers in the camps, but they are ...

Progress made on SEZ in Luang Prabang

The developer of a US$1.2 billion special economic zone in Luang Prabang province is in the process of demarcating the project site and building an access road. The project, which is being developed by the Phousy Group, will comprise an area of 4,850 hectares in ...

Thailand's expanding state 'threatens future growth'

Expansion of creaking rail system may put economy on the wrong track, critics say. Thailand is banking on its state-owned enterprises to spearhead economic growth in 2017 through massive investments in infrastructure. The push has brought one of the kingdom’s biggest and oldest SOEs, the State ...

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