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Govt Defends Plan to Ramp-Up Reliance on Coal

RANGOON — The government intends to push ahead with plans to increase Burma’s reliance on coal-fired power plants to 33 percent of the country’s total generating capacity by 2030, according to a deputy minister from the Ministry of Electric Power. Aung Than Oo, the deputy minister, said on Wednesday that due to projected steady growth […]

SLCM Expands Myanmar Financing Network with CB Bank Tie Up

SLCM Ltd, a subsidiary of Sohan Lal Commodity Management Pvt Ltd, has inked a collateral financing deal with local lender CB Bank. The Delhi-based agri logistics and warehousing company said the move is aimed at providing agri-financing solutions to farmers, processors, traders, exporters and importers across Myanmar. According to the deal, the company would undertake […]

Myanmar Recruiters Optimistic, Economy Thriving: Survey

Active and vigorous recruitment in Yangon is likely to provide many opportunities to job seekers, according to the MyJobs Employer’s Survey. Employers in Yangon report strong hiring intentions this year, reporting the most aggressive recruitment plans in the last three years. MyJobs, a leading recruitment company since 2012, questioned 84 employers, human resource professionals and […]

Mobile boom in Myanmar

The most popular brand in Yangon is iPhone, but Chinese brands are seeing their popularity rise The quest for the best mobile phones is endless in Myanmar as consumers are now offered the vast selection of products to choose from as well as better mobile phone services. In the country where the gross domestic product […]