Govt announces ‘project bank’

Govt announces ‘project bank’

The government announces launch of online project bank which will change how infrastructure initiatives are planned, determined and funded.
CBM permits border trades in yen and yuan denominations

CBM permits border trades in yen and yuan denominations

The Central Bank of Myanmar (CBM) officially introduced Japanese yen and Chinese yuan as settlement options for banks in cross border payments and transfers.
Rakhine launches new power infrastructure

Rakhine launches new power infrastructure

Power transmission lines measuring 104 kilometres (60 miles) and a substation in Rakhine State have been officially launched.
Cycle & Carriage launches exceptional journeys brand

Cycle & Carriage launches exceptional journeys brand

Cycle & Carriage, a leading regional automotive group in Southeast Asia is launching a new brand promise of “Exceptional Journeys” in Myanmar.
PTTEP to invest US$ 3.3 billion in 2019

PTTEP to invest US$ 3.3 billion in 2019

PTT Exploration and Production (PTTEP) is expecting to spend a total of US$ 3.3 billion in 2019 to continue its activities in at the Zawtika gas field in the Gulf of Moattama, Myanmar. 
Government actively looking into electric vehicles

Government actively looking into electric vehicles

The Ministry of Industry encourages the manufacturing of electric vehicles by local companies according to the Mitsubishi standard.