Small industrial zones lack government support

Investment should be directed toward upgrading the country’s ageing industrial zones, as the government contemplates launching new ones, say Yangon industrialists. As the Yangon Region government and Myanmar Investment Commission (MIC) mull the regeneration of the country’s industrial base, the owners of existing factories say more can be done to make them competitive. U Ko […]

‘Romantic North’ reserves vital to domestic energy supply

Oil consumption in Myanmar is likely to double by 2025, meaning that new discoveries are essential to meet energy demand for the future without relying too heavily on imports. But some fear the dream of finding large proven reserves may not be realised. The likelihood of finding commercially viable reserves in recently awarded onshore and […]

Epic state auction hushes market

The big sell-off has finally arrived. The Privatisation Commission, charged with auctioning state-owned enterprises, on February 13 released a list of 268 sites that will be sold off nationwide, with a final bid submission date of February 24. There are 157 properties in Yangon up for grabs, including many in Bahan, Yankin, Insein, Hlaing, Mayangone, […]