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Elite Petrochemical launches first private-sector LPG project in Myanmar

Elite Petrochemical Co launched its Liquefied Petroleum Gas (LPG) Terminal and Port Facility at the Thilawa Special Economic Zone on Saturday. The terminal is the first private sector-led LPG investment open for business in the country. The terminal was developed under a Build, Operate and Transfer (BOT) agreement across 49 acres of land in Thilawa […]

Dirt-poor Chin State hidden gem for investors

THE regional government in Chin State, together with the Directorate of Investment and Company Administration (DICA) and a UK-funded initiative, hailed Chin as a hidden gem overlooked by domestic and international investors. Renewable energy, tourism, agribusiness, weaving and urban development are pitched as key areas for development. Chin State, the least developed among Myanmar’s 14 […]

Myanmar sees 21% increase in export earnings

The Ministry of Commerce reported a 21 percent jump in the country’s export earnings between April and September 2013. Myanmar earned US$ 5.68 billion from exports, which is up from US$4.69 billion in the same period last year. Strong agricultural and industrial exports are among the key factors behind the surge in Myanmar’s earnings. The […]