Japanese general contractors won bids for a string of subway projects in Southeast Asia in 2013 and 2014, and they are now preparing to start construction. Among the projects is Singapore’s Thomson Line, a 30km-long all-underground line that could determine whether Japan’s urban subway tunnel technology can compete in overseas markets. By Nikkei Asian Review … Continue reading
“Myanmar’s parliament has extended martial law for three months in a region along its border with China as clashes between government troops and a rebel group continue,” Reuters reports. The Chinese military deployed fighter jets to patrol the country’s border with Myanmar after a cross-border bombing killed four Chinese villagers and left nine injured. Beijing … Continue reading
By Todd Shriber ETF Trends The iShares MSCI Thailand Capped ETF (NYSEArca: THD) is about two months away from celebrating its seventh anniversary and over those seven years, the lone Thailand-specific ETF has endured several bouts of political volatility. Another one of those bouts could be coming after the Thai parliament today voted to impeach … Continue reading
What are the prospects for a country with no stock market (ok there is one, but there are only two stocks and foreigners cannot buy them), that lacks a real banking system and is only just emerging from isolation for the first time in 50 years? Are companies unrealistic in thinking there can be … Continue reading