Businesses push for better communications with Nay Pyi Taw

THE government should update the business community with the latest economic activities and manage the expectations, according to domestic and foreign investors at a recent investment forum held in the country’s capital. Investors in Myanmar would like to see a push towards further liberalisation of the economy. More people are taking part in the private […]

Hantharwaddy airport priority for govt

THE planned Hantharwaddy International Airport is the only priority in the area of aviation under the National League for Democracy-led government, said U Win Khant, permanent secretary of Ministry of Transport and Communications. He made his comments in relation to the government’s Transport Master Plan during the sideline interview with The Myanmar Times at Myanmar […]

First China-Myanmar tourism industry training course opens today in Yangon

The first China-Myanmar hotel and tourism vocational one-month course will open Thursday in Yangon, thanks to the cooperation between the embassy of the People’s Republic of China and the Ministry of Hotel and Tourism. Teachers from Dehong Vocational College of Yunnan will instruct 30 young waiters and waitress in restaurant services. From this initial training, […]

Myanmar must establish cultivation of new plant species and seeds

Myanmar must build businesses in the cultivation of new plant species and seed production, Union Minister for Ministry of Agriculture, Livestock and Irrigation Dr Aung Thu said. “As the agriculture sector is the main driver of the country’s economy and food security, I urge businesses to carry out sustainable seed production and work with the […]

Govt urged to establish Belt and Road taskforce

From tackling illegal border trade to constructing Kyaukphyu SEZ, the to-do list for Belt and Road in Myanmar is very long. THE Myanmar government is urged to take a proactive role and form a taskforce to carve out its involvement in China’s Belt and Road Initiative (BRI). An adviser to the National League for Democracy-led […]

1m acres of mineral depositories suspended

In Myanmar, mineral depositories have been allocated to be used as resource reserves, with a total area of 1,187,492 acres, according to U Khin Maung Yi, permanent secretary of the Ministry of Natural Resources and Environment Conservation, who told reporters during a press conference in Nay Pyi Taw on April 24. According to the permanent […]

Sembcorp Will Hand $300m Power Plant To Myanmar Government in 22 Years

​​ The Singapore-listed energy company Sembcorp has signed a build-operate-transfer agreement with the Ministry of Elec­tricity and Energy for a 225-megawatt gas-fired power plant in Myingyan, near Mandalay. The signing “represents a key milestone” for the $300 million project, the company said in a state­ment. Under the deal, the Sembcorp Myingyan Power Company will op­erate […]

Power sector: Lofty goals, missed targets

The power sector in Myanmar over the past five years has been characterized by ambitious plans and unrealized targets. While a few power projects have been completed during the outgoing government’s term, others were suspended or cancelled and dozens more remain in limbo. Myanmar remains one of the least-powered countries in Southeast Asia. Just over […]

Thailand’s Coup May Affect Myanmar’s Oil and Gas Sector

The military takeover in Bangkok is likely to lead to Thailand competing with Myanmar for foreign investment in oil and gas development. Within a week of the military takeover, the permanent secretary to the Ministry of Energy, Norkun Sitthiphong, said his office was working on a set of reform and development proposals for presentation to […]