PTTEP to start exploring Myanmar offshore gas deposits

Major oil and gas block enters first development stage

An initial deal has been inked to exploit Myanmar’s A-6 offshore block. The development stands to be ASEAN’s first ultra-deepwater development, claims project partner MPRL E&P Operator Co. Contracts were signed between the Myanma Oil
State Counsellor Daw Aung San Suu Kyi in Korea for ASEAN Summit

State Counsellor Daw Aung San Suu Kyi in Korea for ASEAN Summit

State Counsellor Daw Aung San Suu Kyi, accompanied by a delegation of Union Ministers, Deputy Ministers and other officials, attended the ASEAN-Republic of Korea (ROK) Commemorative Summit in Busan this week to mark the 30th anniversary of diplomatic

Myanmar economy may expand as high as 7.1%

Myanmar’s economy has been growing and will continue to grow, says a report by the ASEAN+3 Macroeconomic Research Office (AMRO). The economy expanded by 6.8 percent in the 2018-2019 fiscal year, the report said, up from 6.5 percent in the previ

ASEAN says RCEP deal will benefit Myanmar

Myanmar will benefit from the ambitious Regional Comprehensive Economic Partnership (RCEP), said ASEAN secretary Lim Jock Hoi. Lim argued that while Myanmar will not actually sign the 16-nation agreement, it would certainly benefit from it indirectl

EU grants €8 million to develop Myanmar trade

The EU has pledged €8 million in funding to develop Myanmar trade. It supports initiatives within the ARISE Plus Myanmar program. The latter is designed to bring Myanmar businesses up to international standards. The International Trade Centre will
Daw Suu pitches Myanmar to ASEAN

State Counsellor makes investment pitch to ASEAN

Myanmar’s State Counsellor Daw Aung San Suu Kyi called on foreign businesses to invest in Myanmar. She said her government is improving the business environment for investors. In the keynote speech at the ASEAN Business and Investment Summit, S