PTT and THAI to Develop Cargo Services in Thailand
The flag carrier airline of Thailand, Thai Airways International Public Company Limited (THAI), and Thai state-owned oil and gas company, PTT Public Company Limited, have just signed a memorandum of understanding (MoU) to conduct a feasibility study on air cargo...
Indonesian Investment Authority Agrees to Invest USD2.7 Billion in Toll Roads
The Indonesian Investment Authority (INA) agreed to provide around 39 trillion rupiah (USD 2.7 billion) for toll roads on the islands of Java and Sumatra. The INA signed agreements with state construction firm Hutama Karya, to invest in three parts of the Trans...
The Philippines to Partner with South Korea for Smart City Infrastructure
The Philippines’ Clark Development Corporation (CDC) and the Republic of Korea’s Land and Housing Corporation (LH) have recently signed an agreement looking to create a smart city infrastructure in the Philippines. The smart city will be built in the Clark Freeport...