Titan Petrochemicals getting into Myanmar

The group said in a press release that its Surplus Full unit would be forming a 49-51 joint venture with a paid up capital of RMB10m ($1.5m) with Yunnan Investment Group to promote a 5m tonne oil refinery project in Myanmar as well as develop other business in the energy, tourism, railway and finance industries. […]

Japanese Firms Pledge to Clean up Rivers Polluted by Dye in Textile Making Hub

​​ Two Japanese industrial companies have made a joint proposal to build and operate a water treatment facility in the central Myanmar town of Wundwin, which suffers from polluted waterways caused by its textile dyeing industry. Horiba, a company that makes instruments used for measuring water quality, and Hitachi Zosen, which manufactures industrial treatment plants, […]

Can Myanmar’s Hydropower Study Truly be For The People?

In recent weeks, violent clashes in Kayin State have further disrupted Myanmar’s fragile peace process. Fighting between the Democratic Karen Buddhist Army (DKBA) and the government-sponsored Border Guard Force (BGF) in Mae Tha Waw areas of Hlaingbwe township, and more recently near Kawkareik township, has displaced over a thousand people. Entire families have fled their homes and are […]

Myanmar’s Logging Ban Feeds shadow Economy of Illegal Trade

For the duration of the ban, which runs into April 2017, any demand for wood is expected to be met through stockpiled wood controlled by the government’s logging entity Myanmar Timber Enterprise (MTE). The ban is seen as a way to not only protect Myanmar’s forests but to save lives. In 2012 the UN ranked […]

Myanmar’s forests face myriad problems as logging ban continues

YANGON – Myanmar’s forests are rich. They are rich in variety, in natural resources, and in wildlife. But they are also rich in danger. “Myanmar’s forests are more in crisis than ever before,” said Faith Doherty, lead forest campaigner at the UK-based Environmental Investigation Agency. “If you just look at what’s happened in the last […]

CB Bank chair to open industrial zone

The chair of one of Myanmar’s largest banks is turning his hand to a new sector, with a plan to open Taungoo township’s first industrial zone, which he hopes will entice hundreds of thousands of migrant workers back to the area. Chair of Co-operative Bank U Khin Maung Aye also chairs the Kaung Myanmar Aung […]

US to waive timber sanctions for one year

The United States Treasury Department granted a special one year licence beginning in late July for certain US companies to trade with Myanma Timber Enterprise and other members of the timber industry currently under sanction by the United States. The announcement has drawn both praise and concern from forestry experts, with some applauding the hands-on […]