[vc_row][vc_column][vc_column_text] [caption id="attachment_4585" align="aligncenter" width="677"] Over 110 enterprises, including four domestic businesses, enter the Special Economic Zones in Yangon.PHOTO : NAY LIN[/caption] MORE than 110 enterprises, including four domestic businesses, invested US$208 billion in the Special Economic Zones (SEZs), under the Special Economic Zone Law, as of...
Read More[vc_row][vc_column][vc_column_text] [caption id="attachment_4582" align="alignleft" width="702"] Photo taken on Jan. 15, 2018 shows an Australian liquefied natural gas(LNG) boat at the LNG terminal in Yangkou Harbor of Rudong County, east China’s Jiangsu Province. The boat was the 200th LNG boat that the LNG terminal greeted since it...
Read More[vc_row][vc_column][vc_column_text]Myanmar will hold an international tender for gas to be delivered to the country via floating power plant to generate the electricity required to meet rising demand in Yangon by summer 2020, a senior official from the Ministry of Energy and Electricity (MOEE) told The...
Read MoreThe Myanmar economy is expected to grow at 6.2pc this year. Aung Myin Ye Zaw/The Myanmar Times Myanmar is forecast to grow at a slower pace of 6.2 percent this year compared with 6.8pc in the previous year, according to a report by the World Bank...
Read MoreA 170MW solar power plant in Minbu Township, Magwe Region, will start producing electricity in time for summer next year, said U Lin Naing Oo, business development department general manager of GEP (Myanmar) Co Ltd. The Thailand-based company is investing US$297 million in the solar project,...
Read MorePiya Sukhum-Panumet, general manager of PTTEP Myanmar Asset. Shin Moe Myint/The Myanmar Times With fresh oil and gas reserves at Myanmar’s offshore blocks now approved for commercial activities, the Ministry of Energy and Electricity (MOEE) will invite international tenders for up to 31 oil and gas...
Read MoreBuyers examine raw jade displayed prior to an auction during the November Gems Emporium in Nay Pyi Taw on Tuesday. The Gems Emporium runs through Saturday. Photo - EPA Myanmar yesterday opened the first Mineral Development Bank (MDB) to provide banking services to small and medium...
Read MoreEfforts must be taken to lessen Myanma Oil and Gas Enterprise’s (MOGE) tax burden from contracts signed with joint-venture firms to work offshore oil and gas fields, a report states. According to the “State-Owned Economic Enterprise Reform in Myanmar: The Case of Natural Resource Enterprises” report...
Read MoreCommerce minister U Than Myint (right), shakes hands with Hong Liang (left), Chinese Ambassador to Myanmar, after the signing ceremony of the framework agreement on Kyaukphyu special economic zone in the capital. Photo - EPA After more than two years of negotiations, the Myanmar government and...
Read MoreAn offshore platform at Zawtika, Moattama Gulf. Photo - Supplied The replacement of a gas pipeline at the Zawtika project, offshore of Myanmar, will be conducted to reliably supply gas to Myanmar, said Mr. Piya Sukhumpanumet, general manager of PTTEP Myanmar Asset. Mr Piya was speaking to...
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