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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 […]

Better Gas Technology, Infrastructure Crucial to Solving Power Problem

Myanmar, one of the fastest growing economies in the world, is nevertheless notorious for its insufficient supply of power. Despite several State and regional Master Plans and programs, just one third – or 3.7 million out of the 10 million households in the country – enjoys access to electricity. Meanwhile, the government’s losses, accumulated on […]

Success brings its own trouble for Yangon getaway

Catering to holidaymakers when the sun is shining, then returning to a former job in the rainy season means two income streams for most families living at Yankin Tha riverfront. The getaway site, located about 30 miles (48 kilometres) west of Yangon near Ayeyarwady Region’s Nyaungdon town, has created something of a boom for what […]