Myanmar may buy power from China
Myanmar may soon fill its electricity supply gaps by importing power from China. Ministry of Electricity and Energy Deputy Permanent Secretary U Soe Myint disclosed to the Myanmar Times that a feasibility study will soon be conducted on the possibili
Japan grants major infrastructure loans
One week after China signed a batch of new trade deals with Myanmar, Japan announced that it will provide Myanmar USD 1.1 billion in loans to fund four major infrastructure projects. The agreement, signed by Japanese ambassador to Myanmar Ichiro Maru
Xi Jinping visit ends with new trade deals
Xi Jinping’s long-awaited visit, the first from a Chinese head of state in 19 years, ended with dozens of new deals as Myanmar deepens its economic relationship with its most powerful neighbor. Over the two-day conference, Xi met with President
China bought 10.8 million tons of oil in 2019
Myanmar ended the year having exported a total of 10.8 million tons of crude oil to China, a rise of 6.3 percent from 2018, highlighting the deepening economic relationship between the two countries during the development of the China-Myanmar Economi
MOEE OK’s another gas fired plant amid LNG push
A Japanese-backed liquid natural gas (LNG) plant and terminal will be the latest in a series of LNG investments that aim to fill Myanmar’s short-term power gaps. The terminal and 1250-megawatt plant, planned for the Thilawa Special Economic Zon
