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Myanmar: New Investment Law authorises first project led by Japanese hotel chain

The Japan-based Hotel Okura will open its first hotel in Myanmarwith the help of Japan’s government-private fund in 2020, according to the company’s press release dated July 28. Construction of Okura Prestige Yangon will commence this year and is expected to complete by 2020. Okura Prestige Yangon will be the company’s first project in the country. The building will cover […]

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Engineering, procurement, construction: a guide for foreign companies in Thailand

The pace of infrastructure development in Thailand has continued to grow in the past few years, bringing numerous opportunities for foreign-based engineering, procurement and construction (EPC) firms looking for ways to participate in projects in the country. However, potential investors need a solid understanding of the legal and regulatory framework before investing significant time, energy and […]

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In surprise, Malaysia’s June export growth slows to 10%

KUALA LUMPUR — Malaysia’s exports in June grew 10% from a year earlier, government data showed on Friday, well below expectations, as shipments of manufactured goods fell.  Export growth missed the 15.8% forecast by a Reuters poll and was sharply down from May’s 32.5% growth. Exports of metal products and tech equipment fell 13.3% and 7.0% respectively in June, data from the International […]

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