April 25, 2013 | Vietnam
Vietnam Airlines has signed an agreement for a 1,252 billion dong loan from Cathay United Bank (CUB) to buy a new Airbus A321 aircraft. The Taipei-based bank has arranged the loan from four other Taiwanese banks. Earlier,...
Read MoreApril 25, 2013 | Vietnam
Dredging work on the second phase of the Soai Rap river deepening has begun. The objective of the dredging work on the 54 km section of the river is to create a shorter route for vessels coming from the sea to enter the Hiep...
Read MoreApril 25, 2013 | Vietnam
Vietnam National Coal and Mineral Industries Group has stopped the construction of the Ke Ga deepwater port in Binh Thuan province, as the 80 trillion dong project is expected to generate a low economic return. The group is now...
Read MoreApril 25, 2013 | Vietnam
The South Korea Electric Power Corporation and Japan-based Murabeni Corporation have secured the contract to develop the 1,200 MW Nghi Son 2 thermal power plant in the northern province of Thanh Hoa. The coal-based power plant...
Read MoreApril 25, 2013 | Vietnam
EVN has commissioned the 220 kV Van Tri substation and the 220 kV Soc Son–Van Tri line. The 27.3 km long line entailed an investment of 254 billion dong. The 215 billion dong Van Tri substation includes two 220 kV transformers...
Read MoreApril 25, 2013 | Vietnam
EVN’s subsidiary, the Ho Chi Minh City Power Corporation, has launched six tenders under the 16.69 trillion dong Distribution Efficiency Project (DEP) that is being funded by the World Bank. Under the DEP, the company will build...
Read MoreApril 25, 2013 | Vietnam
The Vietnamese government has asked the state-owned Electricity of Vietnam and relevant agencies to implement a project to connect Ly Son Island, off the shore of Quang Ngai central province, to the country’s national grid. The...
Read MoreApril 25, 2013 | Vietnam
Japan has approved a 44.86 trillion dong soft loan, via JICA, for Vietnam to implement 11 infrastructure projects. Moreover, a loan for the 6,155.8 trillion dong O Mon 3 coal-fired power plant is at the negotiation stage. A...
Read MoreApril 25, 2013 | Thailand
Don Mueang airport is planning to increase its capacity to 27.5 million passengers annually by 2016. Currently, Terminal II of Don Mueang Airport is being developed to manage increasing traffic. Together with Suvarnabhumi...
Read MoreApril 25, 2013 | Thailand
The Council of Ministers of the Thailand government is expected to accept a bill that will allow the government to raise 2.2 trillion baht in off-budget spending on infrastructure investments over the next seven years. About 80...
Read MoreApril 25, 2013 | Thailand
The board of the Mass Rapid Transit Authority of Thailand has decided that the 1 km route connecting Tao Poon station of the under construction Purple Line to the MRT subway line’s Bang Sue station should be jointly built by the...
Read MoreApril 25, 2013 | Thailand
Thailand’s Office of the National Economics and Social Development Board (NESDB) has approved a plan to invest 7.3 billion baht in the development of an electricity transmission line connecting the 410 MW Xe Pian Xe Namnoy...
Read MoreApril 25, 2013 | Thailand
PTT Public Company Limited plans to import an extra 60,000 to 70,000 tonnes of LNG in April 2013 to help cover a gas shortage when the Yadana field in Myanmar closes for maintenance from April 5 to April 14, 2013. Typically, the...
Read MoreApril 25, 2013 | Singapore
A total of eight private bus operators have submitted bids to Singapore’s LTA to operate a parallel bus route from Jurong West to the city. This is the first route to be awarded under a S$1.4 billion Bus Service...
Read MoreApril 25, 2013 | Singapore
Singapore’s Land Transport Authority (LTA) has awarded a rolling stock contract worth S$119.2 million to a consortium comprising Germany-based Bombardier Transportation and its Chinese JV, Changchun Bombardier Railway...
Read MoreApril 25, 2013 | Singapore
Singapore’s electricity industry regulator, the Energy Market Authority Electricity has approved tariff hike of 1.5 per cent for the April–June 2013 period. The justification for the increase stems primarily from rising...
Read MoreApril 25, 2013 | Singapore
Temasek Holdings bought an additional 5 per cent stake in Repsol SA for S$1.67 billion. With this purchase, Temasek’s stake in Repsol has increased to 6.3 per cent. Meanwhile, Repsol recently sold its LNG gas assets to...
Read MoreApril 25, 2013 | Singapore
Changi Airport handled 4.12 million passengers in February 2013, an increase of 9.2 per cent over the corresponding period in the previous year. Passenger traffic from Australia, China, Hong Kong, and Japan increased by over 10...
Read MoreApril 25, 2013 | Singapore
India-based GMR Infrastructure Limited has sold its 70 per cent stake in its first independent power project (IPP) outside India – the Island Power Project in Singapore. GMR had already signed a sale agreement with FPM Power...
Read MoreApril 25, 2013 | Singapore
Singapore received its first shipment of liquefied natural gas (LNG) that came from Qatar, on a QMax carrier ship, at its first LNG terminal. Thus far Singapore has relied on piped natural gas from Indonesia and Malaysia for its...
Read More