A touch of micro financing for renting homes in Yangon

As more and more people move to Yangon to seek work every year, the housing shortage in the city becomes increasingly acute. One form of housing that has emerged to serve the needs of middle-class workers seeking accommodations is hostels and rented rooms. Even as the rest of Yangon’s property market remains flat, demand for […]

Zhefu Holding-Supreme Group consortium to develop USD 2.5bn Myanmar gas-fired plant project

A Zhefu Holding Group Co Ltd-Supreme Group of Companies consortium plans to build a 1390MW gas-fired power plant under an EPC contract in Myanmar, according to a source from a project participant. The total project investment (TPI) is around USD 2.5bn. The project owner is Myanmar Electric Power Enterprise, which will start to seek project […]