Senior officials of Laos and Thailand have agreed to maintain security and order along the border and to reinforce economic cooperation between the two nations. These were among the key outcomes of a meeting in Vientiane on Tuesday between governors of Lao and Thai provinces that share borders along the Mekong River and on land. […]
Read MoreKUALA LUMPUR: Bank Islam Brunei Darussalam Bhd., the Southeast Asian sultanate’s biggest lender, has postponed a planned initial public offering that could raise as much as us$500mil, people familiar with the matter said. Bank Islam needs more time to complete some internal restructuring procedures before it proceeds with the listing in Kuala Lumpur, the people […]
Read MoreA foreign insurance and risk management firm has been accused of allegedly operating without a license in the Philippines but regulators say they cannot act until complainants present sufficient evidence to warrant a formal case. Lawyer Jose Antonio Bernas, who represents Prudential Guarantee and Assurance, Inc., has asked the Insurance Commission to investigate Marsh UK […]
Read MoreTEMPO.CO, Jakarta – Transportation Minister Budi Karya Sumadi held bilateral meetings with delegates of four countries: South Korea, Singapore, Hungary, and China, as well as the European Union (EU) to discuss infrastructure projects in Indonesia. The meetings were held on sidelines of The 4th Asia Europe Meeting Transport Minister Meeting (ASEM TMM) in Denpasar, Bali, on September 26-28. “I […]
Read MoreTWO taskforces have been formed to review Dawei SEZ’s development: one will focus on problems encountered with the developer for the initial phase, the other on upgrading an existing two-lane road connecting Htee Khee to an ASEAN-standard highway. The initial meeting between the two taskforces – held in Nay Pyi Taw from September 20 to […]
Read MoreTHE head of Brunei’s arbitration association called for a panel of ASEAN and Chinese arbitrators to be established in order to create a dispute-resolution system which covers private companies involved in projects related to the Belt and Road Initiative (BRI). Contract disputes are inevitably a risk in large-scale infrastructure projects between jurisdictions which are at different stages […]
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Thailand
