The Root Cause of Unprecedented River Rise

The monsoon had not fully reached its peak yet, but most parts of the country, which lie along the paths of the major rivers, namely: the Ayeyarwady, Chindwin, Dotehtawady, Ngawun, Sittaung and Bago rivers are being seriously inundated. The most noteworthy is the news of the level of the Ayeyardy River at Nyaung Oo, which […]

Three offshore gas fields see low demand from partner countries

THREE of Myanmar’s four offshore gas fields have attracted low demand for natural gas from partner countries, according to Electric Power and Energy Ministry. The Zawtika Project, the country’s largest offshore gas field has proven to be the exception. The low demand has been linked to the fall in crude oil prices in the world […]

IOC bids for fuel marketing and retail rights in Myanmar

New Delhi: State-run Indian Oil Corp (IOC) has bid for rights to import, store and distribute petroleum products in Myanmar. “We have put in a bid to enter fuel marketing and retail business in Myanmar,” a senior company official said. Myanmar Petroleum Products Enterprise (MPPE) last year invited companies to form a joint venture for […]

Woodside in second gas discovery offshore Myanmar

Block AD-7 is in the Bay of Bengal, approximately 100 km off the west coast of Myanmar. Water depth at the Thalin-1A well location is 836 m. The well reached a total depth of 3,034 m, referenced from the rig rotary table. Following drilling, wireline logging was conducted and confirmed the presence of a gas […]

Fresh crackdown nabs “godfather” of human smuggling in Bangladesh

DHAKA: Bangladesh police have arrested a human trafficking “godfather” in a fresh crackdown on smugglers amid fears of a resumption of the racket that sparked a regional migrant crisis earlier this year, an officer said Thursday. Police have arrested at least 20 traffickers in the past month including alleged kingpin Dil Mohammad on the weekend […]

All is not smooth on the Silk Road

A new deepwater port that is planned in Myanmar could provide a big boost to the China-backed Maritime Silk Road (MSR) initiative. Yet, the problems being encountered in setting up the port at Kyaukphyu also show that overcoming ‘soft’ impediments posed by a downturn in China-Myanmar diplomatic ties, issues of human displacement, and environmental protection […]

After decades of decay, Myanmar bets on Thilawa to lead industry boom

From the banks of the Yangon River rises Myanmar’s great economic hope, a $1.5 billion manufacturing complex designed to lure investment and help the impoverished country compete in the global marketplace. The first phase of the 2,400-hectare (5900-acre) Thilawa Special Economic Zone (SEZ), an hour from the commercial capital Yangon, is only months away from […]

Russian firms eye energy cooperation in Myanmar as nations strengthen ties

Oil and gas exploration is forming the backbone of a renewed drive to develop economic relations between the long-term allies. Russia’s refusal to back EU sanctions against Myanmar and the use of its United Nations Security Council veto to help the country when it was still under the tight grip of a military dictatorship, has […]

Myanmar needs more infrastructure

MUSE, Myanmar — Towering apartment blocks are going up on the northern bank of the Shweli River in the border town of Ruili, in China’s Yunnan Province. On the opposite river bank, in Myanmar’s Shan State, the ground is being prepared for something similar in Muse. In the late 1930s, the ancient trade and migration […]