Transport and shipping
Transport infrastructure and facilities
Thai Airways plans to resume direct flights to US next year
Thai Airways International plans to resume flights to the US west coast next year and add more destinations in China after taking a year off to achieve international safety compliance. The national carrier is also now energetically firing off marketing and sales gimmicks and clearing up ...
Myanmar needs to scale up transport investment: ADB
The Myanmar needs to invest US$45 billion to $60 billion in transport projects over the next 15 years, to improve connectivity with neighbours and ensure equitable distribution of economic growth, Asian Development Bank officials have said. “Every year, Myanmar will need about $4 billion. This ...
China denies political conditions on aid to Cambodia
China said on 22 July its financial assistance to Cambodia is in no way dependent on that country’s support on diplomatic and political issues, such as Beijing’s dispute with other Southeast Asian countries in the South China Sea. A Foreign Ministry statement faxed to The Associated Press ...
Thai transport quotas to rise
Cambodia and five other countries that share the Mekong River have agreed to open their borders to more commercial truck and tourist bus traffic as part of a transnational agreement aimed at promoting regional logistics and tourism, a senior transport official said on 19 July. Chem ...
Malaysia, Singapore team up on bullet-train project
Malaysia and Singapore signed an agreement on 18 July to build an ambitious high-speed rail link touted as a first for Southeast Asia that will knit the historically fractious neighbours more closely together. Authorities have yet to provide cost projections, but analyst estimates have been as high ...
Asia-Pacific air fares to fall
Air fares in Asia-Pacific are expected to fall by 1.1% next year against a 2.5% rise in global rates seen in the period. The most significant drops in the region are expected to take place in Japan and Singapore, by 2.8% and 5.5%, respectively, given ...
Cement suppliers all set for Laos-China railway
Senior officials have advised the Lao Vangvieng Cement Plant to produce sufficient supplies of cement in preparation for construction of the Laos-China railway. Vangvieng Cement Plant Deputy Director, Mr Chanthay Vongnakhone, told the press on 16 July that their three plants at Vangvieng were quite capable of ...
Quang Ninh seaport and industrial complex awaits license
The Ministry of Planning and Investment has proposed the prime minister to approve the investment plan of the $311.9 million seaport and industrial park complex invested by a consortium of three foreign investors in Quang Yen town of the northern province of Quang Ninh, Vietnam. According ...
World Bank approves loan to poverty reduction fund
On 13 July, the Ministry of Finance signed a US$30 million agreement with the World Bank aimed at continuing to finance Laos’ Poverty Reduction Fund, improving livelihoods and upgrading infrastructure for residents of 150 rural villages in over 40 districts of 10 target provinces. The funding will ...
JICA provides grant for scholarships, bridge repair
The Ministry of Planning and Investment and the Japan International Cooperation Agency on 8 July signed a grant agreement for two aid projects for Human Resource Development Scholarships from 2016 to 2020 and Reconstruction of Bridges on National Road No. 9, worth about 2.836 billion yen. The ...