Japan readies 100bn yen in lending for Myanmar
Japan plans to extend about $994 million in low-interest lending to Myanmar for such projects as railways and water treatment plants, the latest step in Tokyo’s push to bolster ties with the Southeast Asian country. This would mark Japan’s first development financing initiative for Myanmar since ...
China, ASEAN ‘need fast RCEP deal’
ASEAN’s trade relationship with China has reached a crucial turning point with the latest 2015 figures showing a 3-per-cent contraction, making it necessary to quickly conclude the Regional Comprehensive Economic Partnership agreement, according to a top Chinese think-tank. Zhang Yuyan, director of the Institute of World ...
Economic corridor transport projects expected to go to Cabinet soon
Deputy Prime Minister Somkid Jatusripitak expects to propose the transport-system projects to serve the planned East Economic Corridor to the Cabinet in October. “If these projects are proposed to the Cabinet, they will go ahead swiftly, early next year. I’d like to see the East Economic ...
Southeast Asian countries’ growth to accelerate commodities rebound
China may be slowing, but a commodities rebound is under way and the world’s biggest miner knows where the next growth story is building — emerging economies in Southeast Asia.Combined gross domestic product in the ASEAN-5 nations — Indonesia, Thailand, Malaysia, the Philippines and Vietnam ...
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, ...
Laos - China’s gateway to Southeast Asia
Situated in Laos’ Luang Namtha province, Boten is China’s gateway to Southeast Asia and will be a critical link in both the North-South and East-West economic corridors. In terms of the North-South corridor, it is the transit point for the Kunming-Bangkok Expressway, which passes across ...
China and Laos say their rail project is on track
China and Laos are both committed to a high-speed rail project linking the Chinese southwestern city of Kunming with the Lao capital of Vientiane, officials from both countries said, and the project will go ahead despite delays. The line should eventually stretch through Thailand and Malaysia ...
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 ...
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 ...
