Entries tagged "Southeast Asia"

  • China Fuels Cambodian Construction | July 11, 2019, 10:01 a.m.

  • View All Analysis | July 11, 2019, 9:15 a.m.

    Browse our analysis section for news and articles on topics such as China's Belt and Road Initiative (OBOR), the Competing Visions of Japan, India, and other regional powers, and the stakes for U.S. policy.

  • Japan Revamps Myanmar Port | July 8, 2019, 9:12 a.m.

    Japan will announce a new plan for Mynamar's Dawei special economic zone that focuses on building a port that will export to India. The proposal comes as China is building and financing Kyaukphyu port, increasing its economic influence in the country, reports Nikkei.

  • China's BRI Scrutinized in Cambodia | June 25, 2019, 10:29 a.m.

    Cambodia's real estate sector is facing scrutiny after a construction project being developed under China's Belt and Road Initiative collapsed. The Cambodian Prime Minister Hun Sen announced that an investigation will take place, but denied allegations linking the tragedy to heavy Chinese investment and ongoing corruption, reports the Nikkei Asian Review.

  • SE Asia: BRI 2.0 Test Bed | June 24, 2019, 9:55 a.m.

    BRI 2.0 represents an opportunity for Southeast Asia to enter the next phase of growth. China's commitment to transparency could usher a new era of partnerships that benefit multiple parties, writes David Liao for Nikkei Asian Review.

  • US-China Rivalry Boosts SE Asia Infrastructure | May 29, 2019, 9:16 a.m.

    Cambodia and other nations across Southeast Asia are emerging as vital staging grounds for a new form of power struggle between China and its rivals. The growth of Beijing's vast Belt and Road Initiative since 2013 has galvanized the U.S. and its allies -- including Japan, India and Australia -- and prompted them to draw up infrastructure and security programs of their own, writes Gwen Robinson for the Nikkei Asian Review

  • Cambodia Years from 5G | May 20, 2019, 9:18 a.m.

    Cambodian state-owned telecommunications companies have teamed up with China's Huawei to roll out a 5G network in 2020. However, experts say it could be years before 5G reaches ordinary Cambodians due to the scale of investment needed and the high cost of 5G handsets, reports Nikkei.

  • China Repairs BRI Partnerships | May 13, 2019, 9:10 a.m.

    Beijing is striking a conciliatory tone abroad to repair ties with Belt and Road partners, particularly in Southeast Asia where negotiations with Chinese companies over halted infrastructure projects are restarting, Nikkei reports.

  • Thailand Pushes China-Funded Rail | May 2, 2019, 9:09 a.m.

    Thailand's prime minister, Prayuth Chan-ocha, signed a Memorandum of Cooperation with Laos and China to accelerate the construction of a much delayed high-speed rail line between northeast Thailand and Vientiane in Laos, reports Nikkei.

  • Malaysia Rail Project in Limbo | April 10, 2019, 9:41 a.m.

    China Communications Construction Co. executives on Wednesday reiterated the infrastructure company has not given up on the multibillion-dollar East Coast Rail Link in Malaysia, on which development work has been suspended for months amid doubts over the project's financial viability, reports Nikkei.

  • Singapore to Expand Underground Infrastructure | April 4, 2019, 9:42 a.m.

    As Singapore's population grows, the city-state's Urban Redevelopment Authority has announced a plan to expand its urban infrastructure underground. Singapore's geographic constraints demand creative thinking from its government about how to further build out its infrastructure, reports Nikkei.

  • Thailand Commits $2.78 Billion to Port | April 1, 2019, 9:22 a.m.

    Thailand's government will invest $2.78 billion in Laem Chabang port, the core of Thailand's Eastern Economic Corridor. The Thai government hopes to position the deep-water port to compete with Singapore and Hong Kong, reports Nikkei.

  • Southeast Asia Rail Cure for Congestion | March 21, 2019, 10:13 a.m.

    Southeast Asian nations are investing in their urban rail infrastructure to ease road congestion impeding their further economic growth. In Hanoi, road congestion costs Vietnam as much as $1.2 billion in 2018, reports Nikkei.

  • Southeast Asia Hastens 5G Shift | March 19, 2019, 9:07 a.m.

    Thailand and Vietnam have announced plans to start 5G services as early as 2020. The Southeast Asian nations are scrambling to introduce 5G networks, determined not to fall behind developed nations, reports the Nikkei Asian Review.

  • Mahathir warns Philippines about China loans | March 7, 2019, 9:02 a.m.

    While on a state visit to the Philippines, Malaysian Prime Minister Mahathir Mohammad told journalists that if countries borrow money from China they cannot pay back, the country "may be under the control of the lender." The statement was read as a warning to Philippines president Rodrigo Duterte, who accepted a $9 billion credit line from China in 2016, reports Nikkei.

  • Myanmar Seeks Infrastructure Investments | Feb. 28, 2019, 9:13 a.m.

    Myanmar's Aung San Suu Kyi, the de facto leader, convened a forum for foreign businesses in the impoverished Rakhine State, urging attendees to invest in infrastructure throughout the country's rural areas. With national elections in 2020, Suu Kyi has been touring outlying regions in Myanmar promising development initiatives to shore up support for her ruling party, reports Nikkei.

  • China’s Digital Silk Road and Southeast Asia | Feb. 19, 2019, 10:44 a.m.

    Southeast Asia’s increasingly authoritarian leaders are finding China’s cyber model to be attractive, given that the Chinese government has been able to control and access data while at the same time dramatically growing its digital economy.

  • Vietnam Open to Huawei 5G | Feb. 14, 2019, 9:39 a.m.

    Huawei's Vietnam chief says the company has received assurances from the country's communications minister that Vietnam remains "open" to Huawei's 5G technology. This comes on the heels of European countries announcing they will reconsider telecommunications partnerships with Huawei due to information security concerns.

  • Malaysia Probes Chinese Projects | Feb. 7, 2019, 9:09 a.m.

    The trial of Najib Razak, Malaysia's former prime minister, over corruption-related charges tied to the 1MDB development fund is scheduled to begin on February 12. The prosecution is expected to probe whether China-backed infrastructure projects signed by Najib's government were used to bail out 1MDB, reports Nikkei.

  • Vietnam Revives Costly Rail Project | Jan. 16, 2019, 3:29 a.m.

    Vietnam's government has re-introduced a previously rejected plan for a high-speed railway that would connect the country's north and south. Under the current proposal, the government would cover 80% of the project's cost, fueling concern that funding the railway would be irresponsible.

  • China Turns To Overseas Hydropower Projects | Jan. 10, 2019, 9:20 a.m.

    China Three Gorges Corp, operator of the world's largest hydropower plant, is turning to projects offshore as domestic costs soar and space runs out on China's crowded rivers. The company, which already has business in more than 40 countries, will focus mostly on South Asia, Southeast Asia, Africa, and Latin America, reports the Nikkei Asian Review.

  • Japan To Build "Smart Cities" in ASEAN Nations | Jan. 3, 2019, 9:18 a.m.

    In an effort to provide an alternative to China's Belt and Road Initiative, Japan will help build "smart cities" across Southeast Asia, using artificial intelligence and networked devices to tackle problems like road congestion and energy conservation, reports the Nikkei Asian Review.

  • Thailand To Develop HSR Network | Dec. 7, 2018, 8:27 a.m.

    Thailand will spend more than $25 billion to build a high-speed rail network in a bid to transform the country into a regional rail hub. The Bang Sue Grand Station in Bangkok, when completed in 2020, is expected be Southeast Asia's biggest station with a capacity of serving 400,000 passengers daily.

  • Japan Develops Floating Power Plant | Dec. 3, 2018, 9:06 a.m.

    Japan's Kawasaki Heavy Industries has created a floating, gas-fired power plant that it hopes to sell to power companies in rapidly growing economies in Asia and as an emergency source of power in areas hit by natural disasters where infrastructure remains underdeveloped, reports the Nikkei Asian Review.

  • Laos To Build More Hydropower | Nov. 2, 2018, 9:10 a.m.

    Laos is accepting more Chinese loans to build 50 hydropower dams by 2025 and is increasing its external debt, half of which is owed to China.

  • Traveling 60,000 KM Across China’s Belt and Road | Oct. 11, 2018, 8:53 a.m.

    The China Road Project, a team of researchers interested in China’s role in global development, will be traveling 60,000 kilometers over land and sea to investigate China's Belt and Road initiative (BRI), a foreign policy concept and global infrastructure plan announced by Chinese president Xi Jinping in 2013, to help close the information gap and shine a light on the multi-trillion dollar initiative.

  • New Asian Leaders Question BRI | Oct. 1, 2018, 8:33 a.m.

    Newly elected Asian leaders from the Maldives, Malaysia, and Sri Lanka question the "business sense" of some Chinese-funded infrastructure projects under the Belt and Road Initiative, casting doubt on Beijing's strategy for building regional influence.

  • Maldives Election Marks Setback for BRI | Sept. 25, 2018, 9:12 a.m.

    Maldivians voted out incumbent President Yameen, an early supporter of Beijing's Belt and Road Initiative who accepted funding for bridges, housing and other infrastructure projects.

  • Thailand's PTT Pursues $7B Rail Project | Sept. 11, 2018, 10:06 a.m.

    Thai oil and gas group PTT is in discussions with potential partners to develop an estimated $7 billion high-speed train project as part of the country's Eastern Economic Corridor.

  • Mahathir To Renegotiate Chinese Infrastructure Deals | Aug. 16, 2018, 9:25 a.m.

    Malaysian prime minister Mahathir Mohamad is heading to China to renegotiate billion-dollar infrastructure projects signed by his predecessor, in an effort to reduce the nation's financial dependence on China.

  • Vietnam Rethinks Chinese Assistance | Aug. 15, 2018, 9:57 a.m.

    Vietnam's Ministry of Investment and Planning issued a warning to its government about Chinese development assistance, citing concerns of high interest rates, project overruns, and a lack of local contribution to the projects.

  • Widodo Curbs Infrastructure To Protect Currency | Aug. 13, 2018, 9:01 a.m.

    Indonesian president Joko Widodo is reportedly considering cutting back on his signature infrastructure projects to suppress imports of construction materials in order to protect the value of the rupiah, according to Nikkei Asian Review.

  • BRI Empowers SE Asia's Strongmen | July 25, 2018, 10:33 a.m.

    Chinese infrastructure investment throughout Southeast Asia has shifted the tide of opinion, simultaneously supporting authoritarian politics in certain states and engendering opposition to Belt and Road in others, according to the Nikkei Asian Review.

  • Indonesia's Elections Center on Infrastructure | June 26, 2018, 9:02 a.m.

    Indonesian President Widodo's flagship infrastructure program seems to put him in favor in his re-election bid. The outcome of upcoming regional elections will gauge if the public is happy with Widodo's infrastructure drive and influence the way he addresses infrastructure leading up to national elections next April.

  • Vietnam Builds ASEAN’s Largest Solar Plant | June 22, 2018, 10:06 a.m.

    Vietnam plans to develop the largest solar plant in the ASEAN region, a 420-megawatt facility located in Tay Ninh in southwestern Vietnam. Talks are underway with several local and international financial institutions for project funding for the $420 million project.

  • Malaysia Reviews $2.36B Worth of China-funded Projects | June 7, 2018, 10:07 a.m.

    Malaysia's Ministry of Finance is reviewing two gas pipeline projects worth $2.36 billion signed under the Najib administration, following the discovery that 88 percent of the money has been paid out despite only 13 percent of the work being completed.

  • Malaysia Rethinks China Infrastructure Deals | June 6, 2018, 10:09 a.m.

    Malaysian Prime Minister Mahathir Mohamad will send his finance minister to Beijing to renegotiate several infrastructure contracts following the discovery of three Chinese-funded and built projects where payments were made based on agreed time milestones and not work completed.

  • Cambodia to Revitalize Rail Infrastructure Amid $4B Debt Concerns | June 5, 2018, 10:32 a.m.

    Cambodia is set to complete an ambitious rail project next week from Poipet to Phnom Penh, connecting the country from North to South for the first time in 45 years. However, substantial Chinese involvement in the project has raised concerns over high levels of debt owed to China, which some estimates place as high as $4 billion, or 20 percent of Cambodia's GDP.

  • Southeast Asia Financial Integration and Infrastructure Investment | May 30, 2018, 9:52 a.m.

    This report highlights recommendations on how the U.S. might effectively engage Southeast Asia's infrastructure challenges to foster greater stability and financial integration in the region.

  • Malaysia Cancels Kuala Lumpur-Singapore HSR | May 30, 2018, 9:46 a.m.

    Malaysia has canceled plans for a $14.8 billion high-speed rail project that would have connected Kuala Lumpur with Singapore.

  • Malaysia Terminates Kuala Lumpur-Singapore Rail | May 29, 2018, 10:34 a.m.

    Prime Minister Mahathir cancelled a proposed high-speed railway project that would have connected Kuala Lumpur with Singapore on Monday, citing the overall cost of the project as a primary concern. Mahathir's predecessor signed a legally-binding deal with his counterpart, Lee Hsien Loong, in December 2016 as a symbol of closer bilateral cooperation which will now require negotiating a $125 million penalty for pulling out.

  • The Belt and Road’s Biggest Impact | May 29, 2018, 9:30 a.m.

    Most countries along the BRI have urgent infrastructure development needs and many are considered too high-risk for traditional investors, the result being that their governments have been highly receptive to Beijing’s offers of financing, building, and operating infrastructure projects.

  • Malaysian Debt Jeopardizes Key Projects | May 24, 2018, 9:58 a.m.

    Facing a $251 billion national debt that is far higher than figures published by the previous administration, the new Malaysian government will reexamine key infrastructure projects such as the Kuala Lumpur-Singapore high-speed railway and the East Coast Rail Link.

  • Japan Helps Build Indonesian Port | May 22, 2018, 10 a.m.

    The port of Patimban, estimated to cost $3 billion, is going to be financed by a Japanese loan and may be built by a Japanese-Indonesian team. The port is envisioned to become a transport hub and alleviate problems for Japanese companies operating in the West Java industrial park.

  • Japan’s Investors Eye Infrastructure in Myanmar | May 17, 2018, 9:31 a.m.

    Japan's businesses were approved to devote a record $1.47 billion to Myanmar in this fiscal year, including investments in infrastructure.

  • New Malaysian PM Rethinks Infrastructure | May 14, 2018, 10:11 a.m.

    After winning the elections last week, Malaysia's new Prime Minister, Mahathir Mohamad, is expected to re-evaluate the country's relations with China, including the issue of Chinese-backed infrastructure projects.

  • Malaysian PM Touts Infrastructure Gains | April 27, 2018, 10:30 a.m.

    Malaysia’s prime minister Najib has vowed to continue a track record of infrastructure developments, which includes the the Kuala Lumpur-Singapore high-speed rail, ahead of upcoming elections.

  • China Gives $1.7M for Mekong Infrastructure | April 19, 2018, 9:53 a.m.

    China is offering $1.7 million to a six-country group along the Mekong River to boost regional trade and ease concerns related to Beijing's massive hydroelectric dam projects along the waterway.

  • Japan, India, U.S. Fund Indo-Pacific Infrastructure | April 10, 2018, 10:28 a.m.

    Japan, the U.S., and India have agreed to work together on infrastructure projects in the Indo-Pacific region focusing on South and Southeast Asian nations such as Nepal, Bangladesh, and Myanmar. The trilateral is calling for a more transparent and sustainable approach in line with international standards to counter China’s infrastructure development under its Belt and Road initiative.

  • Indonesian SOE Replaces President to Manage Country’s Infrastructure Surge | April 6, 2018, 4:35 p.m.

    An Indonesian state-owned construction picks a new leader to manage President Widodo’s infrastructure surge.