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Parliament asked to approve ADB loan to improve electricity network

Power investment has topped USD 1 billion since October

Foreign investment in the power sector has reached USD 1 billion over the first four months of the fiscal year, official data shows. The investments came from foreign companies working with the government and local partners to develop power plants, t

Earnings surge at Yangon power company

The Yangon Electricity Supply Corporation (YESC) reported MMK 91 billion in revenue for the month of July. This is a 65 percent jump from the previous month. The surging numbers are due to a spike in electricity prices instituted by the Ministry of E

Terminals, ports, logistics, liner operations disrupted
February 26, 2021
German containerline Hapag Lloyd has announced a decision to temporarily suspend cargo bookings into Myanmar …
Facebook, Instagram ban military and related pages with immediate effect
February 26, 2021
In a February 24th update to its February 11th statement, Facebook through its Director of …
Luxury Japanese real-estate complex called out for funding military
February 26, 2021
Despite distancing itself from other major Western states imposing sanctions on military-linked individuals and entities, …