Courtesy of NikkeiAsia, a report on how – as Western businesses exit Myanmar – investments come from friendly nations such as China and Thailand: From infrastructure to consumer goods, Chinese and Thai companies have expanded in Myanmar as their countries maintain relations with the Western-sanctioned military-led government. Than Swe, Myanmar’s military-appointed deputy prime minister and foreign […]
Read more »Via Geopolitical Monitor, analysis of Tanzania’s economic challenges: Tanzania is facing a fuel crisis, and the world seems to be overlooking it. The fuel price has now gone up by 17%within a short amount of time. Although the Tanzanian government has announced a cap on the cost of the oil, the initial shock has still led to a […]
Read more »Via Semafor, a look at Djibouti’s inaugural wind farm: Djibouti made its formal debut as a player in renewable energy with the launch on Sunday of its first-ever wind farm. The $122 million Red Sea Power project, which will provide 60 megawatts from a farm near Lake Goubet, will be followed by an additional 45 […]
Read more »Via Merco Press, an article on Bolivia’s natural gas woes: Bolivian president Luis Arce, announced on September 1st. that the country’s natural gas reserves have been depleted, and exports to Argentina and Brazil will be interrupted, leaving a massive hole in the economy of the country. “We have hit rock bottom,” Arce said in a […]
Read more »Via France24, a report on a rail line linking Iraq’s southern port city of Basra to Iran’s broader rail infrastructure, a 32-kilometer-long line that is part of Iraq’s $17-billion “Route of Development” project, meant to build a north-south corridor within the country: Iraq’s prime minister on Saturday inaugurated construction work on what is slated to […]
Read more »Via South China Morning Post, a report on China’s efforts to widen Asean trade with first major waterway in 700 years China kicked off construction of the 135km-long (84-mile), 72.7 billion yuan (US$10.1 billion) Pinglu Canal in the Guangxi Zhuang autonomous region in August It is hoped that the waterway can facilitate trade with Southeast Asian […]
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