India signs 11 agreements with Myanmar

NAY PYI TAW: India and Myanmar today signed 11 agreements in a range of sectors, including one on maritime security cooperation, to further strengthen their multifaceted partnership. The MoUs were signed after Prime Minister Narendra Modi held wide-ranging talks with Myanmar’s State Counsellor Aung San Suu Kyi. India and Myanmar signed an MoU to strengthen […]

Where Will Myanmar’s Energy Come From?

Myanmar’s high growth in electricity demand — rising by around 13 percent annually — is a challenge for the government. Demand is estimated to reach 4,500 MW by 2020 and 13,410 MW in 2030. Currently there is no plan to meet this high demand. High-level policy shifts and unclear policies within the cabinet and ministries […]

Thailand aims to double bilateral trade with Myanmar

THAILAND and Myanmar will strengthen trade and economic cooperation under a strategic-partnership strategy aimed at doubling bilateral commerce within the next five years. The two countries’ governments and private sectors will this week sign 15 memoranda of understanding to promote trade, investment and service growth. Deputy Prime Minister Somkid Jatusripitak will today lead an official […]

Malaysia bolsters efforts to attract medical tourists from Myanmar

Malaysia is stepping up efforts to compete with Singapore and Thailand to attract Myanmar medical tourists. This weekend, the Malaysia Healthcare Travel Council, an organisation set up by the Malaysian Ministry of Health to promote Malaysia as – in the words of its website – “a unique destination for world-class healthcare services”, launched a year-long partnership […]

Chinese firms seek business link with Myanmar

YANGON, March 10 (Xinhua) — A delegation comprising business leaders from 40 state-owned enterprises from China’s eastern port of Tianjin on Tuesday held a meeting with their Myanmar counterparts to explore businesses and trade opportunities. The Tianjin delegation was led by Li Fuming, Chairman of state- owned Assets Supervision and Administration Commission of Tianjin Municipal […]

Parami talks oil and gas – Analysis

Parami Energy Development is a branch of the Parami Group of Companies, working in the oil and gas industry in Myanmar. Parami CEO U Ken Tun here discusses Myanmar’s energy sector, including his view of investment, local requirements, production and exports. In the last bidding round in 2012, the government awarded seven international exploration companies […]

Chinese and Indian Firms Tipped for Kyaukphyu SEZ Bidding Race

The Burmese government call for international bids to develop a proposed Special Economic Zone around Kyaukphyu on the western coast makes no mention of existing MoUs already signed with Chinese and Japanese companies, and reportedly involving noted crony Burmese businessman Tay Za. The announcement raises questions over these previous agreements, but an economic expert on […]