Drip Feed China’s Myanmar oil pipeline is part of a global trading web

While the China National Petroleum Corporation prepares to use Myanmar as a conduit to feed Chinese oil demand, its stock market-listed subsidiary PetroChina is vacuuming up vast supplies which will never go near China. PetroChina and other Chinese state oil businesses are spending huge sums of state money abroad to buy up crude oil and […]

Construction starts on Japan-Myanmar JV industrial complex in Yangon

The construction of a joint venture industrial complex between Japanese and Myanmar companies started Saturday in Yangon with an official ribbon-cutting and ground-breaking ceremony held at the site. The industrial complex, located inside the Thilawa Sepecial Economic Zone, about 23 kilometers south of the city center of Yangon, is expected to draw businesses involved in […]