Clik here to view.
Yangon radar station slated for completion this July
A meteorological radar station is being installed in the compound of the Department of Meteorology and Hydrology in Yangon. The station is slated for completion this July, according to an official...
View ArticleClik here to view.
Implementation Mingwa hydropower plant project signed
A contract signing ceremony concerning the implementation of the Maingwa hydropower plant in Mongla, Shan State (East) was held in Nay Pyi Taw yesterday. The Ministry of Electric Power and Shan State...
View ArticleClik here to view.
AccorHotels plans six new properties in Myanmar
French group AccorHotels is planning to build six new properties in Myanmar by 2019 – in Yangon, Mandalay and Shan State’s Muse and Inle Lake . This would take its Myanmar portfolio to nine hotels,...
View ArticleClik here to view.
Yangon realtors call for wide-reaching reforms
Yangon real estate agents are hoping the incoming government can breathe new life into the real estate sector, where sales have slowed over the past couple of years to a near-standstill, condominium...
View ArticleClik here to view.
Andaman explores solar in Sagaing
Investment and advisory firm Andaman Capital Partners is working with the Sagaing Region government to find commercial opportunities for solar power, with a view to securing a 450-acre site and...
View ArticleClik here to view.
Mandalay industrial zone waste water poisons river
According to reports, over 90 factories in the Mandalay Industrial Zone in Pyigyidagun Township, have been dumping waste water into the Dunawadi River, depriving villages situated downstream of...
View ArticleClik here to view.
Domestic Workers from Myanmar Overworked in Thailand
CHIANG MAI, THAILAND—In Thailand, thousands of unregistered domestic workers from Myanmar face daily abuse at the hands of their employees. But now, as Myanmar opens to reform, changes are coming...
View ArticleClik here to view.
Rolls-Royce, China’s VPower Expand Cooperation
As part of its cooperation with China’s VPower, MTU Onsite Energy will provide 96 16V 4000 L32 gas generator sets with a total power output of 144 MW to a power station in Myingyan, Myanmar. That...
View ArticleClik here to view.
From ‘invisible’ to man in Myanmar spotlight
Tall, soft-spoken and almost self-effacing, Mr Htin Kyaw will on Wednesday be the focus of a handover ceremony in Naypyitaw. The next day, the 69-year-old will assume his duties as Myanmar’s first...
View ArticleClik here to view.
New Chief Minister of Rangoon Looks to Improve Infrastructure
RANGOON — Rangoon’s new chief minister said Monday he will focus on using local and foreign investment to ramp up the development of infrastructure in Burma’s commercial capital. A lawmaker for Hlegu...
View ArticleClik here to view.
Condo buyers struggle with hire-purchase payment
Developers of residential projects in Yangon have found themselves with less cash than expected, as buyers fail to stick to the terms of hire-purchase plans and do not make regular payments. An...
View ArticleClik here to view.
Real estate rush in Twante township
In the eyes of land speculators the stars are aligning for Twante township on the outskirts of Yangon, which is swiftly being linked to the city by new roads and bridges and is located beside a huge...
View ArticleClik here to view.
South Korean Firms Abusing Myanmar Workers: Report
South Korean-owned garment manufacturers in Myanmar are widely flouting labor law, with almost 30 percent of factories failing to observe overtime rules, a new report says. The report by Action Labor...
View ArticleClik here to view.
Sembcorp signs deal to supply power to Myanmar for 22 years
The power to be supplied will be produced by Sembcorp’s upcoming power project in Myingyan, Mandalay. SINGAPORE: Sembcorp Industries (Sembcorp) has signed a long-term power purchase agreement with...
View ArticleClik here to view.
U.S. Companies Caught in Sanctions Gray-Zone in Myanmar
YANGON, Myanmar—Four years after the U.S. started lifting its sanctions on Myanmar, those that remain are crimping the scope of American companies to do business here, even as the first democratically...
View ArticleClik here to view.
Myanmar moves forward with 66-MW Maingwa hydroelectric project
Myanmar is moving forward with plans to build the 66-MW Maingwa hydroelectric project on Nantlway Creek in area controlled by National Democratic Alliance Army. Myanmar’s Ministry of Electric Power...
View ArticleClik here to view.
Myanmar gets its first contactless travel prepaid card
MASTERCARD in collaboration with Co-operative Bank (CB Bank) have launched a contactless travel prepaid card for Myanmar’s citizens, the first of its kind in the nation, in an effort to better tap on...
View ArticleClik here to view.
Sri Lanka gets direct cargo link between Colombo and Yangon
Mar 24, 2016 (LBO) – Sri Lanka’s Continental Shipping Lines’ “Pathien Star” made it’s inaugural call at the Jaya Container Terminal in Colombo yesterday. The vessel is scheduled to leave for Port...
View ArticleClik here to view.
Rubber and seed opened to foreign investors
Myanmar Investment Commission has chipped away at the list of enterprises in which foreign investors must form joint ventures with a local company – opening up the areas of seed and rubber production....
View ArticleClik here to view.
Headwinds for Myeik cold storage factories
Electricity shortages, declining fish stocks and rising labour costs are clouding the outlook for cold storage factories in southern Myanmar, industry insiders say. In the Tanintharyi coastal region,...
View Article