New Power Plant to be Established in Ayeyawady

THE AYEYAWADY Region government plans to build its own power plant capable of producing up to 50 megawatts of electricity with the aim of fulfilling the growing local energy demands in the coming summer. The current daily consumption of electricity in the region is 97 megawatts. It is estimated that the consumption rate is likely […]

Hope yet for Nay Pyi Taw’s real estate market

Real estate agents say they hope Nay Pyi Taw’s “sluggish” property market will pick up as the new government takes the reins early next year. Land prices in the capital enjoyed a brief surge in 2013, first when Myanmar held the Southeast Asian Games, and then as Myanmar assumed the chair of ASEAN. But while […]