Businesses supplying medicines and other goods must soon include usage instructions with their ware. Aung Htay Hlaing/The Myanmar Times The Consumer Protection Central Committee of Myanmar has said all businesses must have a product usage guide describing how products such as medicines should be consumed and...
Read MoreThe Ministry of Electricity and Energy (MOEE) will hold tenders for offshore oil and gas production in Myanmar by the end of the year, Daw Khin Htay, director from state-owned Myanma Oil and Gas Enterprise (MOGE) said during a July 13 press conference. “Tender rounds...
Read MoreWoodside is seeking to balance production and conserving the environment in Myanmar. Photo - EPA Australia’s Woodside Petroleum will raise attempts to protect the Myanmar environment even as it mulls the commercial viability of developing gas reserves in Block A6 , which is off the coast...
Read MoreAn artist’s impression of the new platforms to be built at stations along the Yangon Circular Railway. Photo - Supplied Japan’s Hello Communications has submitted a proposal to upgrade train stations along the Yangon Circular Railway to Myanma Railways, which operates the line, U Arkar Min...
Read MoreA total of 53 local and international companies/ consortiums are interested in the 47.5-kilometre elevated ring road in Yangon, the Ministry of Construction announced on July 4. On May 18 last year, the Ministry of Construction (MOC) invited local and foreign investors to submit Expressions of...
Read MoreThe price of basic ingredients and commodities like cooking oil could rise if the dollar continues appreciating against the kyat. Aung Myin Ye Zaw/The Myanmar Times Local traders who import goods are concerned about the recent spike in the value of US dollar versus the Myanmar...
Read MoreGenerators are mandatory due to frequent power outages. Zarni Phyo/The Myanmar Times At a Yangon energy seminar last week, industry insiders agreed that demand for electricity in Myanmar is rising much faster than supply can keep up with it. However, views on how best to solve...
Read MoreThe government will soon launch tenders for the construction of at least two oil refineries, now “urgently required” on the back of rising demand and higher oil prices, which has led to a much higher petrol import bill of late. “We will need one big oil...
Read MoreOil and gas responsible for half the country’s debt. Photo - EPA While being the highest generator of revenue for the country, the oil and gas industry is also responsible for accepting half of the loans taken by the country, said Daw Moe Moe Tun, civil...
Read MoreThe World Bank-backed national electrification project (NEP) will support the electrification of Kayin State by cooperating with the state government’s Rural Development Department. Using solar power, the plan will focus on areas that are not yet connected to the national grid, said Khin Maung Win, spokesperson...
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