Sodexo , Amata eye growth in CLMV markets

SODEXO, a global leader in integrated facilities management services, plans to expand its activities in the CLMV markets (Cambodia, Laos, Myanmar, and Vietnam) through its joint venture operations with Amata Corp in Thailand. Under the partnership, Thailand will be promoted as Sodex’s ‘hub for growth’ in the region. Arnaud Bialecki, country president of Sodexo Thailand, […]

India starts exporting diesel to Myanmar

NEW DELHI (Reuters) – India has started exporting diesel to Myanmar via a land route, in a boost to Prime Minister Narendra Modi’s pledge to enhance hydrocarbon trade with neighbouring countries. Modi, who is due to start a three-day visit to Myanmar on Tuesday, wants to expand ties with eastern neighbours to develop India’s landlocked […]

Numaligarh Refinery becomes Myanmar’s sixth fuel retailer

Assam-based Numaligarh Refinery (NRL), in joint venture with Parami Energy Group, has entered the fuel retailing business in Myanmar. NRL, a subsidiary of BPCL, becomes the sixth fuel retailer in Myanmar, which includes Shell, Total and a clutch of companies from Vietnam and Thailand. Two road tankers, carrying approximately 4,000 gallons of fuel each, will […]

Myanmar moves forward

The government of Myanmar is about to take dramatic steps to spur economic development and improve government efficiency. Several significant cabinet changes are in the pipeline, detailed economic strategies are being finalised and a shake-up in the bureaucracy is already under way. These planned changes in ministerial personnel are aimed at strengthening the government’s leadership […]

Thirty development projects in pipeline in Mandalay through fiscal 2020-21

The regional Minister for Planning and Finance, U Myat Thu told the second session of the regional Hluttaw that the development projects will be implemented in two ways; some will be carried out with loans and some will be carried out with financial support. Nineteen of the projects will be carried out with the help […]

Once controversial oil refinery to open in Yunnan this month

A petrochemical facility near Kunming, once the source of grave public concern, is preparing to open for business later this month. Owned and operated by PetroChina, the factory 28 kilometers west of the provincial capital in Anning (安宁), is the first of its kind in Yunnan, according to a company press release. The refinery will […]

China-Myanmar oil, gas project benefits both

The China-Myanmar crude oil and gas pipeline, a pioneer project of the China-proposed Belt and Road Initiative, has brought tangible benefits to both sides, and won broad support. The pipeline project consists of a crude oil pipeline and a natural gas pipeline, which run from the port of Kyaukpyu on Myanmar’s west coast to Ruili […]

Myanmar to solicit bids for its 1st LNG terminal

Subscribe to our tender alert mailing list An international tender to build Myanmar’s first liquefied natural gas terminal will start as early as April, presenting a business opportunity for Asian trading and energy companies, according to a government source. Along with a floating LNG terminal with an annual capacity of 3 million to 4 million […]

Serviced Apartment Market in Yangon 4Q, 2014

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Research & Forecast Report Yangon | Serviced Apartment Market 4Q 2014 Developers beginning to take interest over limited supply The total supply of serviced apartments grew meagrely in 2014, with only 30 additional units introduced. In the near […]

China-Myanmar crude pipeline opens: Chinese state media

[BEIJING] A pipeline pumping oil from Myanmar to China started a trial operation on Wednesday, Chinese state media reported, Beijing’s latest step to diversify energy imports into the world’s second-largest economy. The 771 kilometre (478 mile) pipeline will connect the world’s top crude buyer with a deep-water port in western Myanmar, reducing China’s dependence on […]