Infrastructure
Traded hydropower firms see better results in 2017
High rainfall volume and domestic demand have raised hydropower plant earnings in the first six months of 2017 and promised to lift their performances in the remaining half, according to Việt Dragon Securities Corp (VDSC). Two of the nine hydropower plant operators trading on the ...
Myanmar’s stakes in two Belt and Road economic corridors
Myanmar is involved in two of the six economic corridors under China’s Belt and Road Initiative (BRI), according to a report from a multinational professional services firm.The country’s involvement in the two corridors underlines its geopolitical advantage in facilitating the connectivity between China and South ...
SE Asia stocks edgy as Russia sanctions unnerve investors
Most Southeast Asian stock markets were largely tepid on Thursday, as concerns over US President Donald Trump signing the Russia sanctions bill kept investors on edge.Keep reading ...
Solving Myanmar’s power problem
Stay in Yangon long enough and you’ll probably experience the electricity going off halfway through your meal at one of the city’s many restaurants. The problem is so common in the city that you might also have noticed the other patrons carrying on with their dinners ...
Big Four firm hails Belt and Road as a “global game changer”
A recent report from a multinational professional services firm praises China’s Belt and Road Initiative (BRI) as transcending beyond initial expectations by extensively boosting trade and commerce and supporting both physical and social infrastructures. It urged foreign businesses to join the game. The report Repaving ...
Asia’s infrastructure boom is coming to the cities most threatened by climate change
As a region, Asia pours an estimated $881 billion each year into infrastructure. Some recent notable works include the roughly 6,000-kilometer (3,700-mile) four-lane highway that connects New Delhi, Mumbai, Kolkata, and Chennai, which was completed in 2012; and the approved plan for a metro through ...
China calls for quick development of Sino-Thai rail link
A proposed high-speed railway linking southern China to Thailand’s industrialized Eastern Seaboard should be built “quickly” according to Wang Yi, China’s foreign minister, after a meeting on Monday with Prime Minister Prayuth Chan-ocha. “This Thai-China train project may face problems but the important matter is ...
Xi Jinping To China's Private Sector: Go Home, The New Silk Road Is Not For You
In 2013, Chinese President Xi Jinping announced something called the Belt and Road Initiative, which was to be a trillion-dollar framework to guide Chinese foreign investment, infrastructure development, trade, and other international forays. What this initiative actually consists of still remains vague, what its benchmarks ...
Indonesia seeks to boost palm oil, paper trade
Việt Nam’s import of palm oil and paper from Indonesia could experience a year-on-year increase of 38 per cent, Indonesian ambassador to Việt Nam Ibnu Hadi said on Wednesday.Keep reading ...
1.8 billion baht set aside to promote use of rubber
The cabinet on Tuesday (July 25) decided to allocate 1.8 billion baht from the Central Fund to promote the use of rubber by various government bodies. The fund is to be distributed among three ministries:1.5 billion baht for the Ministry of Defence164.4 million baht for ...
