Economy and industry

Pöyry awarded with owner's engineering services assignment for Nam Kong 3 Hydro Power Plant in Laos

The Chaleun Sekong Energy Co Ltd (CSE) has awarded Pöyry with the owner’s engineering services assignment for the Nam Kong 3 Hydro Power Plant (NK3 HPP) project located in Attapue, Laos. The 54 MW green fields project is expected to be completed by May 2020.  []This ...

Five agreements inked to take Asean’s smart cities plan forward

In Thailand’s Chonburi province, a smart city — also the country’s largest industrial city — is aiming to rely solely on itself for power using renewable energy sources. Keep reading ...

MIST supports 10 travel companies

The Mekong Innovative Startups in Tourism (MIST) will support 10 innovative travel and hospitality companies in 2018. The programme, launched in 2016, is supported by the Asian Development Bank (ADB), the Australian Government and the six-government Mekong Tourism Coordinating Office. Keep reading ...

Transboundary EIAs could reduce conflict over river projects

In the Mekong river basin, massive infrastructure projects – dams, road, high-speed rail and ports – are under construction. While these projects will improve connectivity between countries, harmful environmental impacts need to be minimised. National level environmental impacts assessments that ignore cross border impacts are likely ...

Can Southeast Asia weather a trade war?

In the face of growing economic protectionism, undergirded by a trade tiff between the United States (US) and China, Southeast Asian economies are bracing for the impact from a possible economic fallout. Over the past few months, US President Donald Trump has not minced his ...

ADB loan to boost highways

Thailand has gained a US$99.4 million loan from the Asian Development Bank (ADB) to help upgrade some of the country’s highways and improve road safety in the Northeast. []“Transport infrastructure is an important driver of growth for Thailand’s economy,” said Subramaniam. “Improving the country’s road network ...

MTCO heading for legal status

As 475 delegates gathered, last week, at the Mekong Tourism Forum its leaders – members of the Greater Mekong Sub-region group – were pondering over the ticklish issue of the office’s legal status. Keep reading ...

Coal-fired thermal power plants threaten Mekong Delta environment

Under the national power development plan in 2011-2020 (seventh plan) approved by the Prime Minister in 2016, a series of coal-fired power plants will be built in the Mekong Delta. Keep reading ...

Investors Dissatisfied With Government’s Lack of Direction on Economy

Impatient with the sluggishness of the economy, local investors are losing confidence in the pace of economic reform and blame it on a lack of direction by the National League for Democracy (NLD)-led government after two-and-a-half years of its administration. Keep reading ...

Myanmar will ask China to downsize project, minister says

Myanmar will seek to reduce the scale of a China-led special economic zone project in its western state of Rakhine, Planning and Finance Minister Soe Win said in an exclusive interview.  Keep reading ...

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