Dawei road loan nears

The Neighbouring Countries Economic Development Cooperation Agency (Neda) is about to approve a long-awaited road construction project linking Thailand and the Dawei deep-sea port in Myanmar. The move came after the Myanmar government finally approved borrowing of up to 4.5 billion baht in credit facility from Neda, the biggest loan the Thai agency has ever […]

Born to succeed, Italian-Thai president built construction giant

HIGH-FLYING Premchai Karnasuta, president of Italian-Thai Development plc (ITD), is one of Thailand’s most powerful businessmen after three decades of heading the construction giant, operating both in the Kingdom and across the Asean region. ITD, one of the country’s biggest construction firms, is the builder of many well-known infrastructure projects, including Suvarnabhumi Airport, the BTS […]

Tokyo considers investing in Dawei deep-sea port

The Japanese government has mooted plans to invest in Myanmar’s Dawei deep-sea port project. Thai Foreign Ministry permanent secretary Sihasak Phuangketkeow yesterday accompanied Japan’s deputy-foreign minister Minoru Kiuchi and Japanese ambassador Shigekazu Sato on a courtesy call to Prime Minister Prayut Chan-o-cha at Government House. Speaking after the meeting, government spokesman Yongyuth Mayalarp said the […]