MAXpower Inks $35-m Power Deal with Myanmar Gov’t

MAXpower (Thaketa) Co Ltd, a power generating subsidiary of Singapore-based Navigat Group, said it has started supplying power under a power purchase agreement made with the state-owned Myanmar Electric Power Enterprise (MEPE). The company said with this agreement it became “the first 100-percent foreign-owned power company to enter into a long-term relationship” with MEPE. MAXpower […]

UMFCCI plans survey of business conditions

The Union of Myanmar Federation of Chambers of Commerce and Industry plans to use information gleaned from a business survey it begins this month to help the government formulate economic policy. The survey will also help the government to decide which sector or sectors to promote when the Asean Economic Community takes effect in 2015, […]

Myanmar’s Work Hopes Still Up in the Air

PANTANAW/YANGON — U Than Zaw shook his head as he stared across the waterlogged fields. “Over there, that’s where my land is,” he said, swinging a tattooed arm out through the bamboo frame of a waterside hut. We were standing just off the road linking Yangon, Myanmar’s heaving commercial capital, with Pantanaw, a flood-prone farming […]

EWEC will boost business, tourism opportunities—ASEAN analyst

Consult-Myanmar welcome you to the 27th SEA Games Myanmar, 11-22 Dec 2013 Construction of the East West Economic Corridor (EWEC) connecting Mawlamyaine and Da Nang across four ASEAN countries will be completed soon, creating a tourism boom throughout the region, an ASEAN business analyst said at a workshop on competitiveness in the ASEAN Economic Corridor. […]

Taking the Pulse of Myanmar’s Bean Business

Each morning the floor of the Bayintnaung commodity exchange center in northern Rangoon is jammed with traders and middlemen and buyers looking for the latest prices and deals for some of Burma’s agricultural produce. Famously Burma was once the world’s biggest rice exporter, a position long-lost due to the decades of economic mismanagement under the […]

Myanmar seafood export to rise

Myanmar’s seafood export is expected to rise this year as the European Union (EU) is implementing a plan to import farmed seafood products from Myanmar following its removal of trade sanction on the country, official media reported Monday. The EU’s planned import of Myanmar’s seafood would help the country boost seafood export, said the New […]