Infrastructure
Tidal turbines to power remote site in Indonesia
Over the last year a team of Indonesian and international specialists has worked in a remote part of Bintuni Bay, West Papua, Indonesia. The goal was to assess the local electricity situation, renewable energy options, including tidal in-stream power; and to then install a demonstration ...
State spending trusted to boost GDP
Despite muted sentiment in the fourth quarter, the government is highly confident the economy could end this year with an estimated growth of 3.2-3.3%. Deputy Prime Minister Somkid Jatusripitak said accelerated state spending on infrastructure projects and growing tourism will shore up economic growth in ...
Three Thai airlines face CAAT clampdown
Three Thai-registered airlines are experiencing a financial crunch after their operations were severely affected by a sharp drop in Chinese tourists. The Civil Aviation Authority of Thailand ordered the three airlines to devise financial rehabilitation plans in response. The number of tourists from mainland China to ...
Seaport complex licensed in Quảng Ninh
A US$300 million project, consisting of a seaport and industrial park at the Đầm Nhà Mạc area in Quảng Yên town in the northern province of Quảng Ninh, was granted an operating licence on November 18. Investors of the project are the CDC Corporation, headquartered in ...
Viettel on course to achieve overseas sales target of $1.5b
Viettel Group’s is likely to achieve its ex-Việt Nam revenue target of US$1.5 billion this year, thanks to a sudden spurt in sales in some of its new markets. Laos and Cambodia are considered the two best and steadiest international markets for Viettel. Unitel, Viettel’s Lao ...
In meeting with Prajin, Facebook reiterates firm stand on users’ privacy
Facebook on November 17 reaffirmed its policy of protecting users’ privacy in a meeting with Deputy Prime Minister Prajin Juntong. Prajin will seek to meet with Mark Zuckerberg, the Facebook founder and chief executive officer, when attending the Asia Pacific Economic Cooperation Summit in Peru this ...
Govt to help rice farmers tap online channels
The Commerce Ministry will help farmers sell their rice directly to consumers in Thailand and abroad via social media and other online as well as offline channels. This is part of a bid to reduce dependence on middlemen as domestic paddy prices hit a 10-year low. ...
Surveys underway on Vientiane-Hanoi highway route
Surveys are underway to identify possible routes for the Vientiane-Hanoi highway, which could pass through up to three Lao provinces to link the two capitals but the route has yet to be determined. Laos and Vietnam have being conducting preliminary surveys of three possible routes ...
Trend of disruptive technologies to affect daily lives increasingly
Business needs to adapt to confront and catch up to the coming disruptive technologies and innovation, which will have a drastic effect on people’s daily lives, a seminar heard on November 16. Bala Chakravarthy, professor of strategy leadership and execution at IMD Southeast Asia, said ...
Twitter chief operating officer flying the coop
Just weeks after reporting job cuts and a disappointing fiscal quarter, Twitter announced on November 9 that chief operating officer Adam Bain is leaving the company. Twitter chief financial officer Anthony Noto will take over Bain’s job, serving in both posts until the board hires a ...
