News
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 ...
Myanmar to receive revenues from China-Myanmar crude oil pipeline
Myanmar will gain financially from the China-Myanmar crude oil pipeline, which began operations in early April after the two countries signed an agreement for the transport of crude oil, said officials. The crude oil transport agreement was signed on April 10 in Beijing during president U ...
Forget the South China Sea, this is Asia’s real water war
While tensions in the South China Sea have the potential for limited skirmishes far out to sea, the competition over the resources of the Mekong River is putting millions at risk of natural disasters, famine and regional instability. The Mekong River provides a vital lifeline ...
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 ...
Nation's renewable energy options explored with assistance from China
Laos must increase understanding of the rapid development and expanding use of renewable energies and the revolution in energy production and distribution especially for technical officials responsible for the field. This was among the messages delievered at a meeting that took place in the capital ...
More than 7,000 Lao workers needed for Laos-China railway construction
Chinese contractors have announced they need to recruit as many as 7,112 Lao workers for construction of the Laos-China railway project, a senior government official has said. The contractors submitted the list of demanded Lao work force to the Ministry of Labour and Social Welfare, ...
Sugar traders ordered to balance inventory amid glut
Banned sugar re-exporters must balance their inventories by month-end, according to a letter from the Directorate of Trade, one sugar trader told The Myanmar Times. The order comes amid an oversupply of sugar in Myanmar and collapse in the price of sugar bound for China, from ...
Myanmar should renegotiate expensive loans from China
Myanmar must renegotiate the terms to its existing loans from China, as these loans have saddled the country with the burden of repaying the loans at high interest rates, economists say. Of the US$600 million in foreign debt repayments due from Myanmar this year, interest payments, ...
All EEC infrastructure plans get nod
The much-touted Eastern Economic Corridor is moving a crucial step forward after all key infrastructure development projects yesterday received the nod from the EEC policy committee chaired by Prime Minister Prayut Chan-o-cha. According to Kanit Sangsubhan, secretary-general of EEC Office, the committee yesterday approved an additional ...
Laos, China reaffirm links, consolidate connectivity as cooperation commission meets
Laos and China have pledged to further promote their cooperation in economic, trade and technical assistance matters, a meeting of representatives of the two sides heard in the capital yesterday. The bilateral trade volume in 2016 reached US$2.34 billion, including Lao goods exported to China ...
