Myanmar’s fifth emergency power tender goes to Energy China A consortium led by China Energy Engineering Group (CEEC) has won the fifth emergency power project put out to tender by the Myanmar government, The Myanmar […]
More oil and gas investments expected next year U Thaung Tun, Union Minister for Investment and Foreign Economic Relations, is expecting foreign direct investments in the offshore oil and gas industry to increase in 2020, […]
Myanmar citizen investment volume reaches K 19,000 billion including US$ 10 billion in 11 economic sectors Myanmar citizen investment volume reached K 19,000 billion including US$ 10 billion in 11 economic sectors of Myanmar within […]
Transport and communications sector stands fourth on FDI list During 31 years, the total FDI inflow into the transport and communications sector reached nearly 11 billion US dollars, standing at 4th place among 12 economic […]
Foreign investment volume in Thilawa SEZ reaches more than US$ 1.86 billion till 2019 September Foreign investment volume from 19 countries in Thilawa Special Economic Zone (SEZ) reached more than US$ 1.86 billion till 2019 […]
Myanmar needs to address structural transformation of the economy: WB Key takeaways from the latest (Oct 2019) World Bank ‘Asia Pacific Economic Update – Weathering Growing Risks’ pertain to using policy spaces available for the […]
Myanmar’s draft oil and gas bill jeopardises next bidding round Uncertainty and confusion over Myanmar’s proposed oil and gas law risk alienating existing investors and could undermine the next crucial bidding round, according to companies […]
Rakhine rebels abduct dozens after storming Myanmar bus – army State-backed Global New Light of Myanmar says a bus was flagged down by a man before 18 rebels in sportswear emerged from the forest and […]
Spending on electricity tops budget for the first time The energy and electricity sector has been allocated with the highest volume of funds in the Budget for fiscal 2019-20, which commenced October 1. It is […]
Myanmar looks to legalize its informal economy Myanmar aims to mobilize funds hidden in its vast informal economy through a tax amnesty, a controversial bid to galvanize new investment and business activity in the nation’s […]
Myanmar pumps 400 M cubic feet of natural gas and 16,000 tonnes of crude oil daily to China China imported about 400 million cubic feet of natural gas from Shwe natural gas project in Rakhine […]
MNA welcomes new ATR 72-600 aircraft Myanmar National Airlines received 11th ATR aircraft at the Yangon International Airport on 6 October. Officials of the MNA welcomed the new aircraft, which was manufactured by ATR Company […]