Economy and commerce
Investment
RAOT working to boost rubber futures
The Rubber Authority of Thailand (RAOT) has joined five rubber traders to set up a 1.2-billion-baht fund to invest in paper rubber traded on the Thailand Futures Exchange (TFEX), aiming to boost anaemic volume in rubber futures. Keep reading ...
Chinese investor rings up majority stake in ETL
China’s Comba Telecom has vowed to provide Lao users with improved service and mobile experiences after it successfully acquired a majority stake in Laos’s ETL Public Company and stepped up its management improvement efforts. The Chinese investor bought a 51 percent stake while the Lao ...
Fast train linking 3 airports awaits bids
The latest feasibility study on building a high-speed train to link the three airports of Don Mueang, Suvarnabhumi and U-tapao in nearby Rayong province has been completed. The 280-billion-baht project is due to open for bidding later this year or in early 2018.Keep reading ...
Cà Mau wants to build $3.5 billion seaport
Southernmost Cà Mau Province is seeking investment to develop a US$3.5 billion seaport complex, which can receive vessels of up to 250,000 tonnes capacity, on Hòn Khoai Island.Keep reading ...
China helps launch $13bn rail project in Malaysia
China and Malaysia broke ground on Wednesday on a $13 billion rail project linking peninsular Malaysia’s east and west, the largest such project in the country and a major part of Beijing’s Belt and Road infrastructure push. Keep reading ...
Three MOI-owned factories in Yangon to cooperate with private sector
Three factories under the Ministry of Industry (MOI) in the Yangon Region will cooperate with local and international private investors after inviting Expressions of Interest (EOI), Assistant Secretary U Aung Soe Ya of the MOI told The Myanmar Times.Read more ...
Trà Vinh gives licence for wind power project
Trà Vinh Province’s Management Board of Economic Zones on Tuesday granted an investment registration certificate to two investors to develop the first phase of the Duyên Hải Wind Power Project.Keep reading ...
MOU on Kyauk Phyu SEZ likely in August
An MOU between China and Myanmar relating to a national-level framework for the Kyauk Phyu Special Economic Zone (SEZ) is likely to be signed by August, a spokesperson of Kyauk Phyu SEZ Management Committee told The Myanmar Times during an exclusive interview on August 4.Read ...
Chinese company keen to develop special economic zone in Champassak
The government has given the green light for a Chinese company to conduct a feasibility study on developing the Khonphapheng Special Economic Zone (SEZ) in Champassak province. The Chinese company had informed authorities that it wants to invest US$10 billion to develop the SEZ, the ...
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 ...
