Exclusive: Hungry for power, Myanmar bets on hydro in new energy plan

YANGON (Reuters) – Electricity-starved Myanmar is looking to overhaul its long-term power strategy, aiming to hike the planned share of hydropower in its energy mix at the cost of polluting coal as it tries to attract foreign investment. The new democratically-elected government of Aung San Suu Kyi has made job creation one of its top […]

Wary of China, India Moves to Woo a New Myanmar

Days after Aung San Suu Kyi made a high-profile trip to China as foreign minister of Myanmar, Indian External Affairs Minister Sushma Swaraj visited Mynamar in the first high-level visit from India after the civilian government assumed office in Naypyitaw. Myanmar’s President Htin Kyaw is on a four day visit to India as well this […]

In Burma, a Fine Line Between CSR and Karmic Cash

RANGOON — It was perhaps inevitable that Burma’s business sector would struggle with the idea of corporate social responsibility (CSR), operating in a country of high charitable giving and stark contrasts between its wealthiest and poorest citizens. At least in part, this stems from the reality that CSR, as a concept, has only caught on […]

Despite Myanmar dam blockage, China confident about ties with Suu Kyi government

Beijing is seeking to overcome blockages with a controversial Chinese-invested dam in Myanmar, Foreign Minister Wang Yi said on Tuesday. Outgoing Myanmese President Thein Sein put the US$3.6 billion Myitsone dam on hold in 2011, citing public opposition. But residents and environmental groups have said CPI, the Chinese company behind the project, has tried to […]

Incoming Myanmar government mulling Chinese dam rethink

Aung San Suu Kyi’s incoming government is considering a rethink of the controversial Chinese-backed multi-billion dollar Myitsone hydropower dam in northern Myanmar. YANGON: Aung San Suu Kyi’s incoming government is considering a rethink of a controversial Chinese-backed dam in Myanmar and looking for ways to end a military conglomerate’s “privileges”, according to her party’s economic advisor. […]

New MPs to inherit host of issues in Myanmar

Rookie MP Tin Ko Ko Oo spends his free time poring over training manuals, learning English and studying a much-thumbed Burmese-English copy of Myanmar’s Constitution. “It’s like going back to university, but not as easy,” he said in his modest office allotted to MPs in a leafy compound in Naypyitaw. “Now we have responsibilities; we […]

China says still trying to resolve stalled Myanmar dam scheme

China is pursuing efforts to resolve the problem of a stalled dam project in Myanmar, its foreign minister said on Tuesday, adding that Beijing had confidence in the incoming government of democracy leader Aung San Suu Kyi’s party. BEIJING: China is pursuing efforts to resolve the problem of a stalled dam project in Myanmar, its […]

Poverty, ethnic tensions and China top agenda for Myanmar’s new politicians

Expectations were running sky high as Myanmar’s first democratically elected parliament in more than 50 years, dominated by the former opposition National League for Democracy (NLD), convened for the first time on Monday tasked with choosing the country’s next president. After decades of stultifying military rule, all the talk was of a new era and […]

Chinese giant works to win the people

Though the Kyaukphyu area is set for large-scale investments, it is in Rakhine State, which is also home to some of the country’s poorest communities. Kyaukphyu hopes to become a hub for the oil and gas industry and is to be home to one of Myanmar’s three Special Economic Zones – yet local residents risk […]

China lobbying locals for resumption of Myitsone hydropower project

China Power Investment Corporation (CPI) is persuading local people to help push for the resumption of the Myitsone (confluence) hydropower project in Kachin state when a new government takes office in Myanmar after the 2015 elections, according to a source from Mungchying Rawt Jat (MRJ). MRJ is civil organisation made up of local residents displaced […]