OBOR

Thai Ambassador: Kra Canal is a no go

“The return on investment is not attractive enough to go ahead with the plan. International canals like Panama and Suez have been effective because they are essential to trade, cutting off weeks and months of travel," Damrong Kraikruan, Ambassador of Thailand to Malaysia, said in a special media briefing held in Kuala Lumpur.“The most Kra Canal would save shippers is only a few days. Another factor to consider is would west-going ships use it or will they go down to Singapore?

29 September 2017
0

Indonesia: Asia's maritime gateway to the west

Much like how the ancient trade functioned when the Western civilisation of the Roman Empire began to trade with the Chinese Empire in the first century for wool, silver and gold, the maritime silk road in the 21st century is named OBOR (or One Belt, One Road) as it is poised to become a passage way that would contribute to the widespread of trade across the world, while a coherent blueprint is set to interconnect international infrastructures in order to maintain the national interest of the

22 September 2017
0

Rail connections: A major boon for ASEAN's economy

Rail connection projects that are currently taking place in ASEAN (Association of Southeast Asian Nations) countries are expected to be a major boon and catalyst for the region’s economic growth in the coming years. Infrastructure development is vital for developing economies as it promotes and sustains economic growth.

22 September 2017
0

Singapore's Lee cements China ties with visit

Singaporean Prime Minister Lee Hsien Loong’s visit to China this week signals efforts on both sides to reaffirm relations that have showed strains over the past year – both in its timing and number of high-level meetings.Lee began a three-day official visit Tuesday, getting face time with China’s top officials as they prepare for a once-every-five-years party congress next month.

20 September 2017
0

Pandas found a new home in Indonesia

“Many people don’t realise it, but there are actually two Chinese ambassadors in Washington: me and the panda cub at the National Zoo,” wrote Chinese ambassador to the US, Cui Tiankai, in his opinion piece published by The Washington Post in 2013.

15 September 2017
0

New Chinese energy star hungers for more

A nine billion dollars stake in one of the world’s biggest oil companies may not be enough for CEFC China Energy.A week after China’s largest private energy company struck a deal for a chunk of Rosneft PJSC, it’s been pegged as a possible investor in a Russian metals and power business and a free-trade zone in Georgia’s Black Sea port of Poti.The Rosneft deal has thrust CEFC into the spotlight, transforming it from an obscure conglomerate focused mainly on the former Soviet Union and eastern

15 September 2017
0