KUALA LUMPUR: The RM44bil East Coast Rail Link (ECRL) is expected to contribute 2.7% to Malaysia’s economic growth, according to MIDF Research. It said the boost for growth is expected to kick-in from project inception until its completion. “However, the full estimated gross domestic product (GDP) contribution will depend on the pace of spillover effects to […]
Read MoreThe Hanoitimes – The first phase will have 40 megawatts in capacity with an estimated cost of US$92 million, which can be expanded to 170 megawatts (MW). The Philippines’ Ayala Corporation said on May 6 its energy unit AC Energy would build a wind farm in Vietnam’s southeast coast, Filipino media group ABS-CBN reported. AC Energy […]
Read MoreMANILA, Philippines — Manufacturing output declined both in terms of volume and value in March mainly due to decreased activity in the food, furniture, basic metals and petroleum sectors, the Philippine Statistics Authority (PSA) reported yesterday. Factory output, as measured by the Volume of Production Index (VoPI), registered a 9.2 percent contraction in March, reversing the 11 percent growth in […]
Read MoreA bit more than a decade ago, buying a cellular SIM card in Myanmar cost US$3,000 in 2001 and $250 in 2013. Fast forward to April 2019, and you can purchase a starter pack for as little as $1.10. And this is only one of the changes afoot in Myanmar, where local and international entrepreneurs are eager to […]
Read MoreAustralian start-up AsiaCarGroup has launched the first online marketplace for cars in Cambodia, mykhmercar.com, according to a press release on Tuesday. The website allows local individual sellers and car dealers to easily, quickly and securely sell their cars, motorbikes and trucks using the platform and find buyers faster than before, according to the release. AsiaCarGroup […]
Read MoreThe Korea Electric Power Corporation (Kepco) hopes to expand its power equipment business as well as explore other avenues of cooperation with Laos’ energy sector. A business meeting between representatives of Laos’ Ministry of Energy and Mines, Electricite du Laos (EDL), and Kepco as well as related sectors from Lao and the Republic of Korea […]
Read More
Thailand
