MAXpower (Thaketa) Co Ltd, a power generating subsidiary of Singapore-based Navigat Group, said it has started supplying power under a power purchase agreement made with the state-owned Myanmar Electric Power Enterprise (MEPE). The company said with this agreement it became “the first 100-percent foreign-owned power company to enter into a long-term relationship” with MEPE. MAXpower […]
UMFCCI plans survey of business conditions
The Union of Myanmar Federation of Chambers of Commerce and Industry plans to use information gleaned from a business survey it begins this month to help the government formulate economic policy. The survey will also help the government to decide which sector or sectors to promote when the Asean Economic Community takes effect in 2015, […]
Myanmar seafood export to rise
Myanmar’s seafood export is expected to rise this year as the European Union (EU) is implementing a plan to import farmed seafood products from Myanmar following its removal of trade sanction on the country, official media reported Monday. The EU’s planned import of Myanmar’s seafood would help the country boost seafood export, said the New […]