May 28, 2014 | Vietnam
Hai Phong port, the biggest port in the north of Vietnam, has revealed its plans to issue an initial public offering (IPO). The company will sell more than 37.6 million shares (equivalent to 11.51 per cent of the port’s...
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The Vietnamese government has approved a detailed plan for the construction of Ring Road No. 5 around Hanoi. The ring road that will be over 330 km will run through 36 districts in Hanoi and the provinces of Hoa Binh, Ha Nam,...
Read MoreMay 28, 2014 | Vietnam
The Vietnam Maritime Administration (VMA) is seeking approval from the Ministry of Transport for the development of an international passenger ship port on the southern island of Phu Quoc. The harbour is slated to be located at...
Read MoreMay 28, 2014 | Vietnam
According to reports, about $7.8 billion would be invested in the first phase of the development of a new international airport in the country’s southern region. Long Thanh airport in Dong Nai province would be capable of...
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South Korea-based Daelim Industrial Company has secured a $84 million contract to construct an LRT system in Vietnam. The project involves the development of an 8.5 km long elevated rail system in Hanoi. The project is part of...
Read MoreMay 28, 2014 | Vietnam
Vietnam and Laos will conduct a feasibility study on a project involving the development of two oil and gas pipelines running from Vietnam’s central province of Quang Binh’s Hon La Island to Khammouane in Laos. To this effect, a...
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The General Department of Energy under the Ministry of Industry and Trade has agreed to add the Nhon Hoi wind-to-power plant in central Vietnam to the 2015 national master plan. The plant, with a capacity of 61.1 MW, will be...
Read MoreMay 28, 2014 | Thailand
Airports of Thailand Plc (AoT) is soliciting interest from private players for their participation in the development of the proposed Phuket International Airport City. The facility is spread across 24,000 square metres and is...
Read MoreMay 28, 2014 | Thailand
Thailand-based operator Dtac has awarded a contract to Alcatel-Lucent to upgrade the operator’s 3G network and roll out its LTE network. Alcatel-Lucent will offer its 1830 photonic service switch converged wave division...
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Thailand’s National Broadcasting and Telecommunications Commission (NBTC) has instructed True Corporation and Advanced Info Service (AIS) to shut down their operations in the 1800 MHz band by September 2014. Further, NBTC has...
Read MoreMay 28, 2014 | Thailand
According to Airports of Thailand Plc, the second phase of the Suvarnabhumi International Airport is progressing according to schedule. The construction layout for the phase is nearing completion. The authority is expected to...
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PTTEP has announced plans to reduce its investment budget for 2014 by almost 30 per cent, bringing it to $1.86 billion. This is largely due to the ongoing political unrest in the country. Further, the company has lowered its...
Read MoreMay 28, 2014 | Thailand
Thailand’s oil and gas conglomerate PTT Plc plans to import 2 million tonnes of LNG from the spot market in 2014, an increase of 33 per cent as compared to the previous year. The company is currently in the final stages of...
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PTT Exploration and Production (PTTEP) has bought the Thai assets of US-based Hess Corporation for $1 billion. According to the deal, PTTEP will gain stakes in the Pailin, Morakot, and Ubon oilfields. Hess Corporation is being...
Read MoreMay 28, 2014 | Singapore
The Port of Singapore has reported container throughput of 2.83 million TEUs during March 2014, an increase of 7.2 per cent over the March 2013 figure. During January–March 2014, Singapore recorded a total throughput of 7.93...
Read MoreMay 28, 2014 | Singapore
PSA Corporation and the Maritime and Port Authority of Singapore have signed an MoU to develop next-generation technologies for container terminal operations in Singapore. The segments that the technology will focus on include...
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Changi Airport witnessed passenger traffic of 4.5 million during the month of March 2014, 2.5 per cent lower than the March 2013 figure. Cargo volume stood at 169,800 tonnes during March 2014, a decline of 1.3 per cent compared...
Read MoreMay 28, 2014 | Singapore
Singapore’s LTA has awarded a SGD 68 million contract to a consortium of Singapore Technologies Electronics Limited (ST Electronics) and Trapeze Switzerland GmbH (Trapeze) to supply, install, and commission a unified intelligent...
Read MoreMay 28, 2014 | Philippines
The Philippines government is planning to construct a new terminal at the Ninoy Aquino International Airport (NAIA) complex exclusively for low-cost carriers. The new facility, Terminal 5, will be constructed near Terminal 3,...
Read MoreMay 28, 2014 | Singapore
Singapore’s Land Transport Authority (LTA) has awarded five contracts, worth a total of SGD 1.15 billion, for the construction of stations on the Thomson Line and the supply of a signalling and communication system for the...
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