Big gas turbine tender to launch

Myanmar’s ageing natural gas turbines are due for renovations as the Ministry of Electric Power (MOEP) plans a tender this year, according to officials. The mostly American-made GE turbines have generally been operating for over 40 years, fuelled by onshore natural gas, and are well past due for replacement, said MOEP Thermal Power Department chief […]

Dealers put the brakes on car imports

An expected drop in import costs set for January has left thousands of imported vehicles sitting in containers at Yangon Port as dealers fear that bringing them into the market now could result in losses. Officials said that sellers are expected to impose a reduction in transportation and insurance costs to dealers termed Cost, Insurance […]

New anti-corruption law targets crooked politicians, government officials

NAY PYI TAW—If officials in the current government are deemed to be corrupt, action can be taken against them by the next government in accordance with provisions of the new anti-corruption law, legal analysts say. The anti-corruption law was enacted by the Union Assembly parliament on August 7 this year and took effect on September […]