The Central Bank of Thailand, together with those of four other Southeast Asian countries, recently announced to have reached an agreement to connect their payment systems by November 2022, aiming at making transactions easier for travelers within the region. This...
The East Malaysian state of Sabah intends to establish itself as the center of excellence for cybersecurity. The Sabahan State Government has assigned a state-owned technology firm, Sabah Net Sdn Bhd to undertake the security facilities project in collaboration with...
Thailand just opened the Tha Chang and Sathorn smart piers as part of the ‘Smart Pier Smart Connection’ project. These smart piers connect water transportation with other commuting facilities, such as buses and trains. The goal is to make it easier for...
It has just been revealed that the Indonesian government has signed a cooperation agreement with the Islamic Development Bank (IsDB) for financing the construction of the Trans South-South Road Infrastructure Phase 2 (TRSS-2). IsDB is a multilateral development...
Work on the Tuas Mega-Port, Singapore’s USD 14 billion project to build the world’s largest automated port by 2040, has begun construction work on the second phase, after the opening of the first 2 new berths last year. This comes as the world’s economies struggle to...
Indonesia’s headquartered logistics company, J&T Express (J&T) is spending MYR 600 million (USD 134 million) to purchase land and develop a new warehouse facility in Malaysia. J&T plans to establish an integrated center for express distribution, logistics...
In a recent working session between Vietnam’s Prime Minister and the Ministry of Transport (MOT), it has been affirmed that building 5,000 kilometers of expressway by 2030 would be an important political task. The development of highways in Vietnam during the past two...
The Asian Development Bank (ADB) has just become a major proponent of one of the Philippines’ most extensive infrastructure projects, the North-South Commuter Railway Network. The North-South Commuter Railway Network (NSCR) is a 163km urban rail transit system that...
PT Jakarta Mass Rapid Transit (MRT) and Alsom, a global leader in sustainable solutions, signed a Memorandum of Understanding (MoU) to join hands and work on the development of future MRT network phases in Jakarta. In the initial phase, both parties plan to engage in...
Singapore-based The Straits Trading Co Ltd and Malaysia Smelting Corp Bhd have unveiled the master plan for Straits City, its flagship development in Butterworth, Penang. It comprises an integrated mix of residential, retail, hotel and commercial components, and is...
The Korean Government has extended USD 56.6 million in loans to the Philippines government for engineering services needed for the 32-kilometer Panay-Guimaras-Negros (PGN) Island Bridges Project. This loan will support the swift implementation of the much-anticipated...
Vietnam’s shipping industry benefits from a long coastline stretching from the Gulf of Tonkin to the Gulf of Thailand. The country also has the second-highest number of international ports in Southeast Asia, only behind the Philippines. While the speed of commodities...
