Myanmar receives largest aids from Japan and US

The largest portion of international aids which Myanmar has received since Thein Sein’s government took office in 2011 came from Japan and the United States, according to a report from Ministry of National Planning and Economic Development. The combined aid funds from the two countries amounted to over US$460 million, said the report. Since the […]

Ministry to cooperate with private companies to generate more power

The Ministry of Electric Power will team up with the private sector to address the problem of power shortages. Myanmar is expected to consume about 1688 MW in the summer time. But the actual demand is about 2060 MW. Only about 30 per cent of the total households in the country has connected to the […]

Myanmar’s stock exchange facing delays

Myanmar is running behind schedule for starting a stock exchange by 2015 after delays in getting the legal framework in place, said an executive at Japan Exchange Group Inc., which is assisting on the project. “We’re pressed for time,” Koichiro Miyahara, senior executive officer at Japan Exchange, said in an interview in Tokyo on Aug. […]