Infrastructure
Capital’s port on course for IPO
Cambodia Securities Exchange (CSX) will hold a meeting next week to review the submitted financial statements of Phnom Penh Autonomous Port, Cambodia’s second-largest port, and to consider its eligibility to list and trade its securities on the stock exchange, a CSX official said on 16 ...
Striking bus drivers back behind the wheel – for now
Most striking bus drivers returned to work on 16 September following two days of wildcat strikes that saw hundreds walk off the job in response to an increase in traffic fines. The drivers were cajoled back onto their buses by owners, but many said they would launch ...
Mega First shares jump 9.22% on news of Laos power plant
Shares in Mega First Corp Bhd soared 19 sen or 9.22% to as high as RM2.25 on 17 September on news that it has secured a power plant project in Laos worth RM2.15 billion. At 2.53pm, Mega First narrowed its gains to trade at RM2.22, still up 16 ...
Ho Chi Minh traffic turns crazy as roads become rivers
Many people in Ho Chi Minh City have described the heavy rain on 15 September as “historical,” “worst” and “suffocating” while some just gave it a swear word. The rain, which is possibly the biggest this monsoon, sent traffic in the country’s largest city to even more ...
Japan pledges patrol vessels, loans to Vietnam
Japan pledges to provide Vietnam with 200 million yen (US$1.6 million) in non-refundable aid to buy Japanese used patrol ships for its maritime safety in the 2015 fiscal year, according to a joint statement issued on 15 September following Communist Party General Secretary Nguyen Phu Trong’s ...
Flooding from dam washes out homes, rice fields in southern Cambodia
Local government officials in a southern Cambodian province failed to evacuate villagers in time to prevent their homes and rice fields from flooding after the operators of a Chinese-built hydropower dam informed them a day earlier that they would open the facility’s gates to release ...
Don Mueang 'biggest for budget travel'
Don Mueang International Airport has become the world’s top airport in terms of budget airline passenger numbers, according to the Airports of Thailand (AoT). Nitinai Sirismatthakarn, AoT president, quote figures on 15 September that show about 22.5 million budget airline travellers pass through Don Mueang airport ...
Hanoi's tap water to cost more next month
Hanoi’s tap water rate will be raised by 20 percent to at least 30.5 US cents per cubic meter from next month, the capital’s water utility has said. Keep reading ...
MAI named best airline in Mekong region
Myanmar Airways International (MAI) has been awarded Best Airline of the Year for 2015 by the Mekong Tourism Alliance, said Aye Maya Thar, the airline’s Head of Marketing and Public Relations. Keep reading ...
China building its first international undersea cable with ASEAN
China is building its first international undersea cable that will carry information and data flow between the country and the ASEAN nations. State-owned China Unicom is cooperating with Myanmar’s telecommunications operators to build the underwater cable, said Jiang Zhengxin, vice general manager of China United Telecommunications ...