Infrastructure
Transport and shipping
Ready for a tourism takeoff
Cambodia’s impressive tourism growth has seen new records set year after year at the Kingdom’s three international airports. Cambodia Airports, the French majority-owned company that operates these airports, recently completed major expansions at Phnom Penh and Siem Reap to accommodate the anticipated growth in tourist ...
Indonesian president vows to fund ‘massive’ maritime infrastructure program
President Joko Widodo vowed on August 16 to develop all of Indonesia’s frontier areas, including the Natuna Islands close to where it is embroiled in a dispute with China, and outlined plans to fund a massive maritime infrastructure program to accelerate growth in Southeast Asia’s biggest economy. “We ...
Why 'partnerships for sustainable development' counts as an essential sustainable development goal
Of the 17 Sustainable Development Goals, the 17th is the odd one out. As “Partnerships for the Goals”, it is a goal that helps you get to the other 16 goals. For most businesses committed to sustainable development, however, this 17th goal may be the ...
Why China’s plan to build a new silk road runs through Singapore
As the son of a man who journeyed from China to Singapore and founded a shipping business a half century ago, Teo Siong Seng sees his life as one immersed in the ancient trading networks of Asia. So the managing director of the Pacific International Lines Group ...
State seeks ways to raise shipments
The government is scheduled to call a joint meeting of Thai commercial counsellors and trade ministers from 65 offices worldwide next month to evaluate exports in the remaining months and map out new strategies to boost shipments in the year to come. Infrastructure development projects such ...
Sihanoukville port IPO rescheduled
The state operator of Sihanoukville’s deep-sea port has pushed back the expected date of its initial public offering to February 2017 in order to give the company more time to resolve land titling and taxation issues, a company official said on August 11. Ty Sakun, ...
EU asks gov’t to cancel Mondulkiri border crossing plan
The EU has called on the government to kill plans for a controversial border checkpoint in the Mondulkiri Protected Forest that has drawn the ire of conservationists since it was first mooted two years ago. At a meeting with Interior Minister Sar Kheng on August 9, ...
GMS cross-border pact on hold
Though all countries in the Greater Mekong Sub-region had signed a cross-border trade agreement 14 years ago to enhance the sub-region’s economic connectivity, the CBTA, however, is yet to be ratified in individual Mekong nations for its full implementation. This was revealed last week by ...
China offers to work with partners to build East Asian infrastructure
China is willing to work with all parties to build roads, railway lines, air and sea route networks in East Asia to improve regional connectivity and trade flows, Commerce Minister GaoHucheng said on August 4. These goals can be achieved through the cooperative framework of ...
MEA to bury 127km of power lines by 2020
The Metropolitan Electricity Authority says it will continue putting power lines underground, expecting to bury another 127 kilometres by 2020. The agency plans several other power line projects in addition to those already initiated, said MEA governor Somchai Roadrungwasinkul. The first phase of the plan, ...