A file image of workers building an electricity pylon in Myanmar. The Ministry of Electricity and Energy (MOEE) has signed an agreement to purchase electricity generated by the 135 MW gas-fired Kyaukphyu Power Plant that will be built by independent...
Read More[vc_row][vc_column][vc_column_text] [caption id="attachment_4681" align="aligncenter" width="840"] A file photo of the Shwe Gas Terminal in Kyauk Phyu, Rakhine State. New development wells will be drilled off the coast of Rakhine early next year. Photo - EPA[/caption] Eight commercial-scale development wells at the Shwe natural gas project will be...
Read More[vc_row][vc_column][vc_column_text] [caption id="attachment_4679" align="aligncenter" width="840"] Fishermen carry the fishing nets at the Maung Ma Kan village in Dawei city, Tanintharyi. Photo - EPA[/caption] Businesses from China, Thailand, Korea and Japan, including those from the power and logistics sectors, have said they are keen to invest in the...
Read More[vc_row][vc_column][vc_column_text]Work on a new road project in Chin State funded by a World Bank loan will begin next October, a state official has announced. The new road will connect the townships of Kalay, Falam and Hakha. The starting point of the road will be in Kalay, which...
Read More[vc_row][vc_column][vc_column_text]Although a new pipeline for the Zawtika natural gas field is urgently needed, work on the project is expected to only begin next year due to negotiations over the cost of the project, officials say. The cost for the new pipeline is supposed to come from...
Read More[vc_row][vc_column][vc_column_text] [caption id="attachment_4675" align="aligncenter" width="840"] Vehicles pass around the gate of Myawaddy border trade zone, Myawaddy. Photo - EPA[/caption] A new bridge connecting in Myawady in Kayin State and Mae Sot in Thailand was officially opened to heavy vehicles on October 30. The older bridge in the...
Read More[vc_row][vc_column][vc_column_text]The necessary infrastructure is being set up to link Dawei Special Economic Zone (SEZ) to the national grid, which will enable the area to enjoy access to electricity within the next 2-3 years, said U Soe Myint, deputy permanent secretary for the Ministry of Electricity...
Read More[vc_row][vc_column][vc_column_text] [caption id="attachment_4672" align="aligncenter" width="840"] Photo - EPA[/caption] The Thai baht has reached a six-year high against the US dollar and is now at around 30.2 per dollar. Of the four countries that share borders with Myanmar, Thailand is the second largest trading partner, with trade volumes during...
Read More[vc_row][vc_column][vc_column_text] [caption id="attachment_4670" align="aligncenter" width="840"] Chinese visitors arrive at Yangon International Airport. Photo - Supplied[/caption] Yangon Aerodrome Co Ltd, operator of Yangon International Airport (YIA), has announced the launch of Qingdao Airlines’ direct flight between Yangon and Ningbo in Zhejiang, China. Qingdao Airlines will operate an Airbus A320...
Read More[vc_row][vc_column][vc_column_text] [caption id="attachment_4668" align="aligncenter" width="840"] Photo - EPA[/caption] Ships without a Vessel Monitoring System (VMS) will be banned from going to the sea to fish officials from the Yangon Region Fisheries Department announced. The government had provided a two-month grace period from September 1 to October 30, to...
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