Three factories under the Ministry of Industry (MOI) in the Yangon Region will cooperate with local and international private investors after inviting Expressions of Interest (EOI), Assistant Secretary U Aung Soe Ya of the MOI told The Myanmar Times. A cement factory in Myanmar. Approval for three...
Read MoreThe country’s involvement in the two economic corridors reflects its unique geopolitical role in bridging China and South Asia as well as fostering integration of the ASEAN bloc. The Bangladesh-China-India-Myanmar (BCIM) economic corridor, with multi-modal connection via combination of sea and land transport. Photo - Supplied/ PwC...
Read MoreThe Japan-based Hotel Okura will open its first hotel in Myanmar with the help of Japan’s government-private fund in 2020, according to the company’s press release dated July 28. Novotel Yangon Max, one of the hotels opened by AccorHotels in Myanmar. Thiri Lu/ The Myanmar Times Construction...
Read MoreConstruction of the ASEAN-South Korea Forest Cooperation Regional Education and Training Centre will be completed in December 2017 and will open in 2018, said U Tint Swe, director of the Training Research and Development Department. “South Korea can transfer it to Myanmar officially in January. We...
Read MoreSince debuting in Myanmar last year, demand for Japan’s ENEOS brand of motor is on the rise as the automotive market expands. U Thein Tun (second from right) says demand for MGS Lubricant’s ENEOS motor oil is rising. The Myanmar Times ENEOS, which dominates at least half...
Read MoreSenior officials from ASEAN and the European Union are working on a joint statement on climate change to show their solidarity and commitment to the Paris Agreement. “The document will be finalised soon, and the announcement will be made at the post-ministerial meeting,” said a senior...
Read MoreABB believes microgrids are the solution to Myanmar’s power shortage problems. A senior executive at the power grid company explains how it can be done. Khun Chiayot: The Myanmar economy has been growing fast and the country’s infrastructure has not been able to keep up with...
Read MoreThe Government needs an estimated K300 billion to supply electricity throughout the country for financial year 2017-2018, U Myint Oo, deputy director general of the Electricity and Energy Ministry’s Department of Electric Power told The Myanmar Times. But U Myint Oo said that the government will be...
Read MoreThe World Bank today approved an International Development Association (IDA)* credit of $150 million to enable marginalized communities in Kenya to access modern energy services through off-grid solar. Off-grid Solar Access Project for Underserved Counties will serve an estimated 1.3 million people in 277,000 households across 14...
Read MoreThree energy efficient kindergartens were opened today in Aktau city providing 1500 students and staff with improved heating, water supply and lighting. Representatives of the World Bank, Swiss Embassy in Kazakhstan and the Ministry of Investments and Development of the Republic of Kazakhstan together with...
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