A security guard for Shwe Hinn Tha Construction tries to stop a photographer for The Myanmar Times at the construction site of the Okura Prestige Yangon project, where the Defence Museum was formerly located in Yangon, on Tuesday. Shin Moe Myint/The Myanmar Times A legislator on Tuesday...
Read MoreA partially constructed building in Yangon. Many developers commence construction before receiving official YCDC permits to do so. Photo: The Myanmar Times The Yangon City Development Committee (YCDC) should look into the long waiting times before permits to construct multi-storied buildings in the city are awarded...
Read MoreA man works an oil well on the shore of Kyauk Phyu, Rakhine state. The oil and gas sector contributes 85 percent to the total tax revenues in Myanmar. Photo: EPA Negotiations are underway for the Myanma Oil and Gas Enterprise (MOGE) to reveal details of...
Read MoreThai business and investors expressed full confidence in Myanmar’s economic potential and future progress. At the recent Myanmar Insight 2017 held in Bangkok, senior Thai and Myanmar officials joined leading businessmen and investors to exchange views on prospects of investing in Myanmar. The seminar was organised by...
Read MoreWorkers work during the opening of the Thilawa Special Economic Zone in Thilawa in 2013. Photo: EPA DESPITE the foreign investments brought into Myanmar thanks to Thilawa Special Economic Zone, the SEZ’s purported mission to transform into a manufacturing hub has not gained momentum, partly because...
Read MoreA FOREIGN joint-venture firm will supply US$15 million for the distribution of transformers to the Ministry of Electricity and Energy (MOEE), according to an official statement from the company. Hitachi Soe Electric & Machinery announced on September 28 that they won the tender to supply and...
Read MoreYangon Region will implement a three-year project which will focus mainly on the improvement of industrial zones. Photo: Shutterstock THE development of Cocokyun township covering the islands in the northeastern Indian Ocean, as well as the flight and maritime access between the islands and the mainland,...
Read MoreThe Myotha Industrial Park. Photo: Than Naing Soe THE country may soon face a land conflict epidemic as a result of the growing influx of investments and the subsequent demand for land, unless the laws and policies that adequately address land-rights issues are urgently adopted and...
Read MoreDr Colin Ong, president of Arbitration Association Brunei Darussalam, proposes setting up a panel of arbitrators, 60 from ASEAN countries (six from each country) and 40 from China during the Belt and Road Summit held in Hong Kong. Photo: Supplied THE head of Brunei’s arbitration association called...
Read MoreJaime Augusto Zobel de Ayala, chair and chief executive officer of Ayala, the oldest and largest conglomerate in the Philippines, speaks at panel session “Partnerships with ASEAN: Growth through Infrastructure” during Hong Kong’s Belt and Road Summit. Photo: Supplied ASEAN countries, with their enormous demand for...
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