Modernized turbines to be installed at Thaketa power plant

Gas turbines manufactured by General Electric (GE) will be installed at the new Thaketa power plant to meet Myanmar’s electricity demand, according to GE. Electric power consumption in Myanmar has tripled over the last decade, and it will increase about 15 per cent annually. The electricity requirement will increase rapidly over the next decade. SEPCOIII […]

Effort to get tax exemption to export garment

Local garment factories are attempting to export their own branded garments, according to the Myanmar Garment Entrepreneurs Association. Currently, local garment factories export their products with the Cut-Make-Pack (CMP) system. “We are unable to export our products with the Free-On-Board (FOB) system. Currently, we are trying to get tax exemption for the FOB system. “We […]

Split visions of Dawei’s future as Thailand, Myanmar restart special economic zone project

The governments of Thailand and Myanmar are set to restart the development of the Dawei deep-sea port and special economic zone, after both countries set up a joint coordinating committee to work out investment details of the project. In 2008, both countries signed a memorandum of understanding to develop a massive land area of 200 […]

How does mining benefit Myanmar?

Author: Jan Dharmabandu is a mining engineer and a Chartered Environmentalist attached to Perth based Ensys Consultants. This article originally appeared in the Global New Light of Myanmar on 30th May 2017 as “What is & Why Mining: a Perspective from Myanmar”.   Each year about 5 billion tonnes of minerals are mined from the […]

Tailor Shop Family Accused of Abuse and Enslavement to be Formally Charged

On Thursday a court will decide on the charges with which to prosecute six family members for torturing and enslaving two children in a downtown Rangoon tailoring shop for five years. Ko Latt, 63, Tin Thuzar, 59, Tin Min Latt, 37, Yarzar Tun, 25, Su Mon Latt, 27, and Thiri Latt, 37, who ran Ava […]

MAPCO’s power plant and rice mills open in Ayeyawady

Mapco Golden Lace’s project in Ayeyawady. A 2.2-megawatt power plant and two rice mills opened in Kyaiklatt Township, Ayeyawady Region, on May 15. The Myanmar Agribusiness Public Corporation (Mapco) and six shareholders under the Golden Lace Company jointly operate the firms with a 55:45 ownership ratio. The Mapco Golden Lace has gained licences from the […]

Osaka business group to help lure firms to Japan-backed economic zone in Myanmar

The Osaka Chamber of Commerce and Industry has agreed to help attract small and medium-size companies to the Japanese-backed Thilawa Special Economic Zone near Yangon by establishing small rental factory spaces, the zone’s operator has announced. The OCCI, which is comprised of businesses around Osaka, and the Union of Myanmar Federation of Chambers of Commerce […]

With Launch of Shwe Job App, Education on Factory Workers’ Rights Goes Digital

“Shwe Job”, a smart­phone app which aims to raises aware­ness on the rights of fac­tory workers and promote health and safety in the industrial workplace, was released on International Worker’s Day on May 1. The app, developed by the EU backed SMART Myanmar and GIZ, con­sists of stories, illustrations and voiceovers designed to raise awareness […]

Unilever forms Myanmar JV for home and personal care products

May 4 (Reuters) – Consumer goods maker Unilever signed a joint venture deal with Myanmar’s Europe and Asia Commercial Co Ltd (EAC), combining their home and personal care businesses to accelerate sales in a newly emerging market. The joint entity, with annual sales of more than 100 million euros ($109 million), will provide both companies […]

Japan’s IHI inaugurates heavy concrete factory joint venture in Myanmar

IHI Corp. held an opening ceremony Sunday for its heavy concrete factory in Myanmar, becoming the first Japanese plant producing pre-stressed concrete products in Southeast Asia’s newest emerging market. The Tokyo-based heavy industry company, in partnership with Myanmar’s Construction Ministry, opened the $12.2 million facility in the Myaungdagar Steel Industrial Zone in Hmawbi, located about […]