Unable to break protectionist curse, FMI bites the dust

FMI Air became the third domestic airline to throw in the towel on July 20, after more than five years in operation. Amid the winding up of joint venture proposals and local firms, this is the latest alarm that businesses are running out of patience with the government’s rigid protectionism in the aviation industry. “Operating […]

Plans for Coal-Fired Power Plant Face Opposition in Mon State

YANGON — Plans to build the first coal-fired power plant in Mon State have come under fire by local residents, who say they worry about pollution and potential health ramifications. The Thai-based Toyo-Thai Group held a consultation meeting on Friday with local residents to explain plans to build a 1,280 MW power plant in Inn […]