News
Nok Air spreads wings with debut in China
Nok Air has solidified its intentions to extend its footprint into China with the planned debut of scheduled flights to Kunming and Guangzhou. China will drive the SET-listed budget airline’s accelerated international network expansion, expected to provide an impetus for future growth. While the airline ...
World Bank forecasts 7.8% growth in Myanmar this year
The World Bank has predicted strong economic growth in Myanmar through the 2016-17 fiscal year, ending in March. In its growth outlook for “developing East Asia and Pacific” for 2016-18, released on October 5, the World Bank projects growth in Myanmar to hit 7.8 percent for the ...
MGMA backs garment industry to boom when US sanctions are lifted
Myanmar’s leading garment industry body has been buoyed by the lifting of sanctions it hopes will see a return to the glory days for the sector, when in the early 2000s a majority of country’s garments were shipped to the US. Speaking at a manufacturing trade ...
Japanese construction giant to spend USD1bn on 50 projects in Vietnam
Tokyo-based contractor Kajima will team up with Indochina Land. Vietnam’s property market continues to ensnare Japanese firms. The latest: a partnership between Kajima and Hanoi-based developer Indochina Capital, which was unveiled on September 16, will officially begin in October. The resulting venture, ICC-Kajima, is expected to plough USD1 ...
China media: opposition to hydropower dams in Myanmar is “extreme”
Opposition to Chinese-invested hydropower schemes in Myanmar is being orchestrated by “extreme” groups in the country and has been extremely damaging to joint investment projects, an influential Chinese newspaper wrote on September 19. The suspension in 2011 of the US$3.6 billion Myitsone mega dam project by former ...
SMEs and start-up businesses: essential solutions to Vietnamese-French relations
President Francois Hollande met with the community of French start-up businesses in new technologies, French Viet Tech during his recent visit to Vietnam. The event opened additional opportunities for Vietnamese-French economic cooperation and improved the effectiveness, dynamism, and creativity of French enterprises in Vietnam. Small and medium-sized ...
