Category: Highlights

Myanmar to buy power from China

Myanmar will buy 1000 MW of electricity from China as a quick solution to an ongoing domestic shortage, said the Ministry of Electricity and Energy (MOEE).

Read More

Feasibility study on Mandalay-Muse railway

A feasibility study for a proposed USD 9 billion railway linking Mandalay to Muse is being conducted, according to Myanma Railways.

Read More

Overseas trade at USD 19.9 billion

Myanmar’s overseas trade stood at USD 19.9 billion in the 2018-2019 Fiscal Year, up by nearly USD 700 million from the previous year.

Read More

Base metals mine could start production in 2021

Australia-based Myanmar Metals said that its 51%-owned Bawdwin polymetallic project in Myanmar could kick off production as early as 2021.

Read More

Myanmar Tourism Bank starts operating first branch

The first branch of Myanmar Tourism Bank (MTB) has started operation in Yangon on Monday, offering financial assistance to tourism companies.

Read More

French to help finance Myanmar’s hydropower upgrades

Myanmar is set to receive a € 35.7 million loan from the French Development Agency (AFD) to upgrade five hydropower plants

Read More