Economy and commerce
Investment
The Dawei Special Economic Zone in Myanmar
Thailand and Myanmar signed a memorandum of understanding (MoU) in 2008 to develop the DSEZ; one the three special economic zones in the country expected to stimulate growth by drawing in foreign investment. About eight years later work on the DSEZ has been minimal. On the ...
Mon armed group seeks talks with prospective investors
Nai Win Hla, an executive committee member of the New Mon State Party, said Mawlamyine Cement Limited inked a deal with the Mon State government in Myanmar to build a cement factory, and then built a coal-fired power plant inside the compound without local residents’ knowledge. ...
No more land concessions in Champassak
No more state land will be released under concession for planting rice, coffee, rubber, cassava or maize in Champassak province, as most areas suited to agriculture are already being utilised. Champassak agricultural authorities in Laos advised that prospective investors should go to the province of Saravan ...
Bid forms for SEZs set for next week
Companies interested in developing state land into special economic zones in Trat, Mukdahan and Nong Khai provinces can buy the bid documents between April 11 and 19, says the head of the Treasury Department in Thailand. SEZ development is a major government policy aimed at boosting investment ...
SME sector faces risks and reward under NLD
Myanmar’s small and medium enterprises will face both opportunity and risk under the incoming National League for Democracy government, industry observers say. In particular, anexpected increase in foreign direct investment could separate the strong from the weak. Keep reading ...
PM asks Korea for $10M more to build road
Prime Minister Hun Sen yesterday made a public appeal to the South Korean government for an extra $10 million – on top of $52 million already provided – to complete the second phase of a road project. Keep reading ...
Vietnam seeks private investment for $721 million highway
Prime Minister Nguyen Tan Dung has approved a plan to attract private investment for a highway project in the Mekong Delta with a cost estimate of VND16.34 trillion (US$721 million), the government office said on on 23 March. Keep reading ...
Thailand to go it alone on Thai-Sino high-speed rail
Thailand has decided to wholly invest in the Thai-Sino railway project after it failed to agree in talks with China on the terms of the arrangement which has set back progress for months. Keep reading ...
HAGL launches second phase of Myanmar centre
Vietnamese developer Hoang Anh Gia Lai has started building the second phase of its landmark Myanmar Centre, which will include two office towers and five residential towers including serviced apartments and units for sale. Keep reading ...
Vietnam threatens to revoke licenses of Trung Nguyen's tourism projects
Authorities in the Central Highlands province of Dak Lak has ordered Trung Nguyen Corporation, one of Vietnam’s largest coffee producers, to speed up construction work on four long-delayed tourism projects, local media reported on 10 March. Trung Nguyen will lose its licenses to develop the projects ...
