fbpx

Cooperation, Lack of Accountability Biggest Challenges for Anti-Graft Body, Says Chairman

YANGON— Anti-Corruption Commission Chairman U Aung Kyi told the Union Parliament on Monday that an unwillingness to cooperate, as well as a lack of accountability and transparency, are the commission’s biggest challenges. “To effectively prevent internal corruption, it depends on the efforts of 200 heads of governmental departments and enterprises across the country,” he said, […]

Locals Upset Over IFC Meeting Regarding Salween Hydropower Project

MANDALAY — Action for Shan State Rivers (ASSR) said on Monday that locals were saddened by the meeting of the International Finance Corporation (IFC) concerning the controversial hydropower projects on the Salween River in Shan State. “Despite disagreements, the IFC held a stakeholder discussion in Taunggyi on Monday, without representatives of impacted locals or local […]

Fate of Thai-Kayin Coal Plant Project Hinges on Assessment

​​ The parliamentary approval for a Thai coal power plant in Kayin State would depend on the results of the environment impact assessment (EIA), which is being conducted by an independent agency, a spokesman of the state parliament said. U Saw Chit Khin said the state parliament would wait for the EIA results before it decides […]

Shan Coal Power Plant to Run Health Tests

Tikyit coal-fired power plant in southern Shan State will be tested for one year and if the results point to serious consequences, it will be stopped, says Swe Thein, Shan State’s minister for electric power, energy and industry. Wuxi Huaguang Electric Power Engineering Co Ltd hired the plant from the ministry on a 22-year lease. […]

Residents Fear Restart of Coal Power Plant

A coal-fired power plant in southern Shan State that was shut down two years ago due to residents’ complaints may be reopening, despite the opposition of the local community, villagers say. They are already accusing local officials of breaking their promises. Test operations at the plant, in Tigyit village, Pinlaung township, were carried out on […]

Myanmar’s stock exchange facing delays

Myanmar is running behind schedule for starting a stock exchange by 2015 after delays in getting the legal framework in place, said an executive at Japan Exchange Group Inc., which is assisting on the project. “We’re pressed for time,” Koichiro Miyahara, senior executive officer at Japan Exchange, said in an interview in Tokyo on Aug. […]