Political transition heralds higher-quality products

Political change could be leading to lifestyle change, business sources say. They point to a new willingness to import higher-quality brands, on the grounds that the Myanmar people have voted to change the old ways for something different – something better. U Khin Maung Win, managing director of VSK International, said, “The country is changing, […]

Busy signal for handset market

Rapid growth in the number of domestic mobile users is creating opportunity for mobile handset makers to expand their sales. While the local handset market has traditionally been dominated by a handful of brands, several new entrants are pushing their products in the hope of growing market sharing in a rapidly expanding business. A June […]

Possible first wind farm locations announced

Yangon and Ayeyarwady regions, as well as Rakhine State, may be among the country’s first locations to receive windmill-generated electricity after power producers from China and Thailand announced their continued progress to develop wind farms, officials said. China’s Three Gorges Co and Gunkul Engineering Public Co of Thailand each signed a pair of agreements with […]

Yangon power plants in limbo

Work on power plants slated to generate some 300 megawatts of electricity in the Yangon area has halted awaiting government approval of a standard power purchasing agreement (PPA) for the industry, according to U Zeya Thura Mon, CEO of power plant developers Royal GK Pte Ltd. The construction stoppage comes as Myanmar projects a significant […]