Category: Highlights

Seaside road to connect Ayeyarwady region and Rakhine State – opening opportunities

The Ministry of Construction announced, during its fourth year performance press conference, that it is planning to build a 160 kilometers-long seaside road to connect Nga Yoke Kaung beach in Ayeyarwady region to Gwa township in Rakhine. The project

Read More

LNG power station in Yangon has started generating electricity

As reported last week in one of our articles, after receiving a delivery of LNG from Petronas, the power station operated by the Joint Venture between Hong-Kong listed VPower Group International and China National Technical Import and Export Corporat

Read More

Four new projects unveiled as part of China’s Belt and Road Initiative

The Ministry of Construction unveiled four projects to be implemented under China’s ambitious Belt and Road Initiative (BRI), including expressways, a bridge and a tunnel, which will form crucial links in trade routes with China, as reported by The

Read More

Myanmar soon ready to generate power through LNG

As reported in our articles during the past few weeks, and confirmed this week by the Ministry of Electricity and Energy (MOEE), the overdue Chinese-backed liquefied natural gas (LNG) projects in Yangon will start operating “very soon”. Petronas

Read More

Trade with Japan tops USD 1 billion in H1 of 2019-20 FY

According to the numbers released by the Ministry of Commerce, the value of trade between Myanmar and its development partner Japan exceeded USD 1.15 billion in the first half of the current fiscal year that started in October 2019. Exports represent

Read More

Caterpillar, Komatsu, Volvo singled out for not addressing abuses in Myanmar’s mining industry

Independent non-profit non-governmental organisation Swedwatch, which focuses on business activities in developing countries, singled out Caterpillar Inc, Komatsu Ltd and Volvo Construction Equipment, leading providers of machinery to Myanmar’s

Read More