Two Myanmar electricity ministry officials arrested for corruption

Two directors of the Hydropower Implementation Department under the Ministry of Electricity and Energy were arrested in Naypyitaw for abuse of power and accepting bribes from tender bidders relating to the design and construction of hydropower projects on the Myitnge River in Mandalay Region. Myanmar’s Anti Corruption Commission (ACC) announced on Thursday it had opened […]

Aik Htun: Driver turned Tycoon

For the owner of a business of any size, integrity is key. This is the principle that has brought U Aik Htun, one of the richest businessmen in Myanmar, through ups and downs. “The biggest secret of success is honesty and integrity,” said U Aik Htun, chair of conglomerate Shwe Taung Group, speaking in fluent […]

17 Factories Suspended After Polluting Lake in Central Burma

MANDALAY — The Mandalay municipal government has suspended operations of 17 factories in one of the city’s largest industrial zones, citing diminished fish populations caused by water pollution in Taungthaman Lake. A Water and Sanitation Department official told The Irrawaddy that the factories, which include sugar refinery, canning, liquor brewing and leather curing facilities in […]

Toshiba wins order for 308MW hydro project in Myanmar

Toshiba will deliver four units of its 77MW hydro turbine and generator for the Upper Yeywa hydropower facility, which is located to the northeast of Mandalay in Myanmar. The contract has been won by the firm’s Chinese subsidiary Toshiba Hydro Power. Toshiba is expected to start the deliveries for the 308MW hydropower plant by March […]