2014 Promises to Be a Boom Year for Myanmar’s Gas and Oil Industry

Myanmar will be the focus of attention in the international oil and gas industry in 2014 as a batch of major offshore exploration licenses are awarded and more blocks are expected to be put up for foreign bidding. Against that background, Myanmar is to host two major international oil industry exhibitions in Yangon to attract […]

Myanmar: India Inc’s next big destination

Indian investments in the country stand at $273.50 mn, expected to soar to $2.6 bn Lighting Products Chalo Myanmar seems to be the new mantra of Indian industry, which is keen to tap the market there. From infrastructure to energy to aviation, Indian companies are trying to mark their presence in that country. Although a […]

India to provide $150 million to set up SEZ in Myanmar

New Delhi: India has offered USD 150 million of credit for project exports to set up a SEZ in Myanmar and has expressed hope that the neighbouring country would permit Indian banks to set up branches there. The issues came up for discussion during the three-day visit of Commerce and Industry Minister Anand Sharma to […]