Shut over confusion, Horizon international schools renamed

U Ye Tun, executive director of Horizon, said in a statement, that there was confusion in the use of the word ‘School’ which implied that the education institution was teaching a curriculum based on the Myanmar education system. Speaking on behalf of the school administration board, he said that since Horizon schools are not teaching […]

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, […]

ConocoPhillips and Statoil sign deal for deepwater block

Norway’s Statoil and US-based ConocoPhillips will invest more than US$300 million in the exploration and production of offshore oil and gas in Myanmar, according to an official from the Ministry of Energy (MOE). The two international oil companies signed a Production Sharing Contract (PSC) for deepwater block AD-10, located off Myanmar’s Rakhine coast, on April […]