ព័ត៌មាន
Xayaboury dam simulation model unveiled
Scientists and international experts fine-tuning the design of the Xayaboury dam have unveiled a scale model of the planned run-of-river structure to ensure the most efficient level of sediment flushing. The 1:120 scale model simulates actual hydrologic flows and water velocities in the Mekong River at ...
PTT sets Bt6bn budget for 5-year expansion
PTT has set aside up to Bt6 billion to carpet key Asean markets with more than 240 retail petrol stations over the next five years. President and chief executive officer Pailin Chuchottaworn said the company had earmarked spending of between Bt5 billion and Bt6 billion through ...
http://www.nationmultimedia.com/business/PTT-sets-Bt6bn-budget-for-5-year-expansion-30193279.html
Laos makes moves on building Mekong dams
Even as its controversial Xayaburi Dam project is still drawing protest from Mekong river downstream countries such as Cambodia, Laos has inked a deal with South Korean firms to build and operate another large hydropower plant on the Mekong River network. According to the Phnom Penh ...
ADB may back disputed dam
The Asian Development Bank is considering providing funds to a controversial 400 megawatt dam project in Laos that could have adverse impacts on the Mekong River in downstream Cambodia. Conservation group International Rivers wants the Lao government to pull the plug on the $1 billion Xe ...
More Lao land deals inked
Laos has contracted firms to build and operate another significant hydro-power plant on the Mekong River system, adding to the existing furor over potential effects on downstream countries such as Cambodia from the controversial Xayaburi dam. The contracts, reportedly worth $1 billion, are for a series of three dams making ...
http://www.phnompenhpost.com/index.php/2012102559403/National-news/more-lao-dam-deals-inked.html
Onyx looks to Asean presence
Onyx Hospitality Group is looking to expand its portfolio to the “CLMV” countries of Cambodia, Myanmar, Laos and Vietnam, as well as to Malaysia, as it positions itself to reap the benefits of upcoming Asean economic integration The Thailand-based hotel group, whose goal is to become ...
http://www.nationmultimedia.com/business/Onyx-looks-to-Asean-presence-30192840.html
FedEx opens new air freight hub
FedEx has officially opened its new South Pacific Regional Hub in Singapore, the largest consolidated facility in the Asia-Pacific region. The $97 million hub is the first and only express transportation facility in Singapore. The 282,700-square-foot integrated facility houses air, ground and clearance operations under one roof ...
http://www.supplychainreview.com.au/news/articleid/81499.aspx
Mekong River threatened by transport of dangerous goods
The Mekong River Commission has released a comprehensive risk analysis of the transport of dangerous goods and issued recommendations to prevent oil spills, industrial waste and other emerging threats from navigation. Developed by the MRC Navigation Programme in Phnom Penh, the risk analysis finds that the ...
East Asia growth to recover next year: WB
Economic growth in the East Asia and Pacific region – covering 14 countries, including Thailand – may slow by a full percentage point to 7.2 per cent this year, before recovering to 7.6 per cent next year, according to a World Bank report Excluding China, the ...
http://ph.news.yahoo.com/east-asia-growth-recover-next-wb-060002801.html
U.S. Lends Vietnam $118 Million for Satellite
The United States says it will give Vietnam a loan of more than $100 million to buy a telecommunications satellite from a U.S. companyLockheed Martin Ex-Im says the satellite will provide coverage to Vietnam, Cambodia, Laos and Thailand. It says President Barack Obama was required to ...
http://english.chosun.com/site/data/html_dir/2012/10/03/2012100300498.html
PTT signs agreement to set up retail oil venture in Myanmar
PTT Plc, the national energy conglomerate, is moving forward with plans to establish a retail oil business in Myanmar by working with a local partner Currently, oil consumption per head in the neighbouring country is very low at 38 litres annually, compared to 140 litres in ...
KBank sees potential for bancassurance in Laos, Cambodia
Kasikornbank aims to expand its bancassurance business into neighbouring countries after finding that customers in Laos and Cambodia incur higher medical expenses. Pakorn Partanapat, executive vice president, said that the bank has prepared business plans to cope with the Asean Economic Community (AEC), and bancassurance is ...
Thailand News: Failure to join CLMV could cost millions
Thailand has to revise its strategy concerning a regional single visa scheme, or it could lose millions of tourists to neighboring countries, which are kicking off the “CLMV Single Visa” next year without the Kingdom’s participation. Five countries – Thailand, Laos, Vietnam, Cambodia and Myanmar – ...
Dell announces two new services for IT firm's enterprise clients
Dell Corporation (Thailand) has announced two new services to support enterprise customers and expects them to be key for potential business in the near future Dell services now come with global support and deployment, providing onsite service, customisation and outsourcing. Its infrastructure and cloud unit offers ...
Reluctance to join single-visa scheme could prove to be costly
Thailand has to revise its strategy concerning a regional single visa scheme, or it could lose millions of tourists to neighbouring countries, which are kicking off the “CLMV Single Visa” next year without the Kingdom’s participation. Five countries – Thailand, Laos, Vietnam, Cambodia and Myanmar – ...
Thailand's Khon Kaen sees double-digit revenue growth next year
Khon Kaen Sugar Industry KSL.BK, Thailand’s fourth largest sugar producer, expects revenue could grow as much as a fifth next year, fuelled by expansion and a bumper sugarcane crop in 2012/13, the company’s chief executive said on Monday Chalush said sugar production from factories in Laos ...
http://www.reuters.com/article/2012/09/24/us-thailand-sugar-idUSBRE88N05S20120924
‘Tourism, Dynamic Area In Economic Sector’
Rita O’ Sullivan, ADB Country Director Tourism is a dynamic component in the economic sector. In the Greater Mekong Sub Region – Thailand, Myanmar, Laos and Cambodia – bound together by the Mekong River, the tourism industry is a driving force, says Rita O’ Sullivan, ...
http://www.thesundayleader.lk/2012/09/23/tourism-dynamic-area-in-economic-sector/
CP Group plans more investment in Indochina
Charoen Pokphand Group is leaning towards investing more in Indochinese countries in light of their growing economies and regional trade liberalisation through the Asean Economic Community in 2015. Cambodia, Laos, Myanmar and Vietnam have a wealth of natural resources that could support the group’s products from ...
http://www.nationmultimedia.com/business/CP-Group-plans-more-investment-in-Indochina--30190834.html
Cambodia, Laos, Myanmar and Vietnam cooperate in developing tourism
Cambodia, Laos, Myanmar and Vietnam, which form the Mekong Sub-Region agreed last week in Ho Chi Minh City to implement a single visa among themselves. Thailand could even join the scheme At a conference aimed at promoting tourism in the region, ministers of tourism from Cambodia, ...
http://www.traveldailynews.asia/news/article/50439/cambodia-laos-myanmar-and-vietnam
Border trade 'to double' under AEC
Thailand’s border trade with neighbouring countries is targeted to double to Bt2 trillion by 2015, thanks to the seamless market brought by the Asean Economic Community. “Cross-border trade continues to play a more important role for Thailand with closer economic cooperation ahead of the AEC,” Olarn ...
http://www.nationmultimedia.com/business/Border-trade-to-double-under-AEC-30190599.html
A new push for tourism cooperation
With the aim of attracting 25 million international visitors from 2013 to 2015 to Cambodia, Laos, Myanmar and Vietnam (CVLM) the respective ministers of tourism pushed for greater cooperation in developing the region’s tourism sector on Friday, according to the Vietnamese Communist Party official news ...
http://www.phnompenhpost.com/index.php/2012091758749/Business/new-push-for-tourism-cooperation.html
Cambodia to Buy Power From Laos’ Xayaburi Dam
Laos’ energy minister announced last week that the country will sell energy supplied by the controversial Xayaburi Dam to Cambodia. It is already planning to sell power to Thailand, where last month a lawsuit was lodged to stop the country from buying electricity produced at ...
http://www.ooskanews.com/daily-water-topic/cambodia-buy-power-laos-xayaburi-dam_24348
Cafta report card
China is encouraged by growing cooperation with Asean countries and hopes to see even more development in China-Asean trade to generate benefits for both sides. Under the China-Asean Free Trade Agreement (Cafta) that went into effect on Jan 1, 2010, more than 7,000 products are now ...
http://www.bangkokpost.com/business/news/312738/cafta-report-card
PTT prepares 800 million baht for expansion into Cambodia, Laos
The PTT Public Company Limited is looking to invest 800 million baht in energy business expansion in Cambodia and Laos in the next five years. The PTT planned to open 4-5 more gas stations in Laos and Cambodia each. The Thai energy giant already has 14 ...