The first affordable housing rolled out in Mon State

The first affordable housing projects in Mon State will reportedly be rolled out in Chaungzone and Thanbyuzayat Townships in the wake of the current rainy season, according to the Mon State government. U Wunna Kyaw, Mon State Minister of Planning, Finance and Immigration, has announced sales of units within the affordable housing estates will be […]

Suspended projects in Mon State to resume if found to be of public benefit

U Min Min Oo, Minister of Mon State, has stated six projects within the state, suspended during the tenure of the erstwhile U Thein Sein government, will resume should they be found to be of public benefit. “No decision has been made yet as to whether [these projects] will resume or not; they’ve been suspended […]

Energy ministry cools Pertamina speculation

The Ministry of Energy held a press conference yesterday to quash rumours that Indonesian state-owned oil giant Pertamina had signed a contract to distribute petroleum products in Myanmar Indonesian media reported earlier this week that Pertamina was the likely winner of a tender to import, store and distribute petroleum products in Myanmar, quoting the company’s […]

Ministry of Energy stays mum on 2016 bidding

Further bidding rounds for offshore oil and gas blocks are likely to come in 2016, though government officials and Myanma Oil and Gas Enterprise have so far declined to confirm or deny plans. Myanmar launched a high-profile offshore bidding round in 2013, eventually awarding 20 blocks to international giants including Chevron, Statoil, Total and Shell. […]