A technician works on electric power cables in Naypyitaw. Photo - EPA The Ministry of Electricity and Energy (MOEE) is still negotiating the terms of several power purchase agreements (PPA) which will determine the amount of power that will be purchased and distributed to the public...
Read MoreReal estate activity should pick up after regulatory reform. Aungmyin Yezaw/The Myanmar Times Hopes are high that a move in recent weeks to clarify regulations governing the sale and development of condominiums in Myanmar will boost demand for real estate in 2018. The Condominium Rules, published by...
Read MoreMyanmar wants to reduce the price of petrol for consumers. Nyan Zay Htet/The Myanmar Times The Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) and Myanmar Petroleum Trade Association (MPTA) have suggested that Myanmar directly import fuel oil from oil exporting countries in...
Read MorePower transmission lines in Yangon cut through the urban landscape. The government is planning to transmit power from Mawlamyine to Dawei via Ye township. Aung Khant/The Myanmar Times Myanmar will invest in building the necessary infrastructure needed to link Dawei in Tanintharyi Region to a power...
Read MoreThe Myotha Industrial Park in Mandalay. Than Naing Soe/The Myanmar Times With the Mandalay Myotha Industrial Project having attracted local and foreign investments totaling K150.5 billion so far, officials are now eyeing a public listing in the near future, said U Aung Win Khaing, chair of...
Read MoreLiu He takes to the stage to outline how China plans to shape the world economy. Photo: EPA Myanmar will capture Chinese investment as Beijing prioritises poverty alleviation and development in Yunnan AS the fight against poverty takes centre stage in Beijing’s economic policy, Yunnan and Myanmar...
Read MorePower transmission lines in Yangon. The Myanmar Times The Myanmar government will consider using liquefied natural gas (LNG) to generate power and meet the current shortage of electricity in Myanmar, U Win Khine, minister at the Ministry of Electricity and Energy (MOEE), said during a meeting...
Read MoreThe city of Kuala Lumpur, Malaysia. The Malaysians are eyeing growth and investments in Myanmar. Photo - EPA In a move to extend its presence in Southeast Asia, Malaysia’s Sunway Construction Group (SunCo) is planning to expand its portfolio to include work in Myanmar and Indonesia,...
Read MoreDowntown Yangon. The government will provide land in the region to build a logistics hub, which is expected to improve trade. Nyan Zay Htet/The Myanmar Times South Korea has invested $98 million to construct a logistics hub at Shwe Lin Ban Industrial Zone in Hlaing Thar...
Read MorePhoto - Facebook/ Embassy of Sweden Section Office in Yangon. A majority of stakeholders who attended Myanmar’s second digital rights forum believed that the freedom of expression in the country has worsened in 2017 while online privacy has also deteriorated. Over 150 participants took part in the second...
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