Influx of tourists can negatively impact Myanmar

Myanmar will not reap long-term benefits in opening up the country for tourists, if there is lack of policy to safeguard the environment, society and human rights, said a report. Released Friday, the report entitled “Myanmar Tourism Sector-wide Impact Assessment” said an influx of tourists can negatively impact Myanmar’s tangible and intangible cultural heritage.  “There […]

China’s troubled copper mine back on track

Geng Yi, the managing director of the Letpadaung Copper Mine, is cautiously optimistic that one of China’s largest investments in Myanmar will “soon be back on track”. Months of protests by local farmers and activists had brought operations to a halt. The project, a joint venture between China’s Wanbao Mining and its Myanmar partner, Union […]

Myanmar pipeline project gives China pause for thought

China National Petroleum Corporation (CNPC) on June 4 announced the completion of its Sino-Myanmar gas pipeline project (Myanmar section), signaling that it is ready to enter trial production. The oil pipeline between the two countries is currently 94 percent complete. As China’s fourth largest strategic energy import channel, the China-Myanmar Oil and Gas Pipeline Project, […]

Italian-Thai’s hydropower project in lower Myanmar allegedly stops

Myanmar government has allegedly stopped a hydropower dam project with Italian-Thai Company in Taninthayi region of lower Myanmar due to concern of possible environmental and social impacts. Italian-Thai’s dam project located near Myeik township will generate about 800 mega watt (MW) electricity upon completion, but it will pose flood risks to the thousands of acres […]