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IFC report recommends alternatives to high-risk Myitsone

A government-sponsored study warned against restarting the highly controversial Myitsone dam and recommended alternatives to develop the country’s hydropower sector. The final version of the Strategic Environmental Assessment (SEA) of the hydropower sector, supported by the energy and environment ministries and authored by the International Finance Corporation, has been published. The SEA involved a range […]

Myanmar strives to promote fishery sector by opening university, boosting cooperation

Myanmar authorities are striving to open a fishery university for development of its fishery sector following the parliament’s approval for such move. At a meeting of submission of proposal for the opening of the university, Dr. Aung Thu, Minister of Agriculture, Livestock and Irrigation, stressed the need for seeking fund, foreign technicians and researchers to […]

The Root Cause of Unprecedented River Rise

The monsoon had not fully reached its peak yet, but most parts of the country, which lie along the paths of the major rivers, namely: the Ayeyarwady, Chindwin, Dotehtawady, Ngawun, Sittaung and Bago rivers are being seriously inundated. The most noteworthy is the news of the level of the Ayeyardy River at Nyaung Oo, which […]

Ayeyawady, Chindwin, Ngawun rivers have exceeded danger levels

WHILE exceeding danger levels around several towns the Ayeyawady and Chindwin rivers have threatened to flood people living in low-lying areas. The Department of Meteorology and Hydrology has alerted people living in lowing lying-areas in Mandalay, Sagaing and Ayeyawady regions to take precautions against possible flooding. According to observations yesterday the water level of the […]

Yangon to develop river transport express system

The Yangon Region government is planning to build a river express system for passengers – part of fundamental transport reforms that government officials hope will bring a new wave of industrial goods and commuters onto the country’s waterways. Myanmar is unique in Southeast Asia in boasting waterways – primarily the Ayeyarwady and Chindwin rivers – […]

World Bank’s US$100 million credit to Myanmar continues hydroelectric infrastructure development in Irrawaddy River Basin

Some of the 20 planned hydropower plants for Myanmar (formerly Burma), which is located in South East Asia, will be constructed within the Irrawaddy (Ayeyarwady in Burmese) River Basin, according to the Government of the Republic of the Union of Myanmar Ministry of Electric Power (MOEP). Myanmar has numerous hydroelectric projects in development, but last […]

Sagaing Gov’t to Offer Licences to Rein in Illegal Gold Mining

The Sagaing Region government will issue licences to illegal gold miners in a bid to curb their activities and rope in extra tax money into state coffers, a top official said. The ministry will inspect mining sites in Sagaing and issue illegal miners licences by this month, U Than Htike, Sagaing regional minister for forestry […]

Gov’t to Carry Out Maintenance Work on Two Major Rivers

Myanmar government will carry out maintenance work on two major rivers – Ayeyarwaddy and Chindwin – in the country, in a bid to improve the rivers’ navigation, the Ministry of Transport said. The government will spend K12 billion ($12.5 million) on removing sandbank and maintenance of riverbeds and waterways of the two rivers with preventive […]

Taking the Pulse of Myanmar’s Bean Business

Each morning the floor of the Bayintnaung commodity exchange center in northern Rangoon is jammed with traders and middlemen and buyers looking for the latest prices and deals for some of Burma’s agricultural produce. Famously Burma was once the world’s biggest rice exporter, a position long-lost due to the decades of economic mismanagement under the […]