South Korea’s BXT got approval to invest in Kaladan project

South Korean BXT International Company is investing in jetty development activity in Kaladan River with the approval of the Myanmar Investment Commission (MIC). The BXT is the first foreign company to make a significant investment in Sittwe, Rakhine State. The project involves land reclamation on the banks of the Kaladan river, creating more job opportunities […]

Myanmar calls for rural mobile coverage

YANGON (Myanmar Eleven/ANN) – Myanmar aims to provide mobile services to about 90 per cent of the population by 2020. Although mobile penetration has reached about 90 per cent of Myanmar’s population, many rural areas are left without coverage, according to Ministry of Transport and Telecommunications. “One of the objectives in the telecoms master plan […]

One in five children in Myanmar go to work instead of school – census

One in five children aged 10 to 17 in Myanmar go to work instead of school, according to figures from a census report on employment published on Monday. The Occupation and Industry report – part of Myanmar’s 2014 census – shows about 1.7 million children between 10 and 17 years of age are working. “Today, […]

Energy dilemma

Myanmar needs oil and gas revenue to spur its economy and new discoveries to feed its growing energy appetite, but low oil prices could bring cutbacks in exploration. Myanmar is bracing for a rougher ride after a few years of giddy economic expansion as foreign direct investment slows amid falling oil prices and global uncertainty. […]

Woodside in second gas discovery offshore Myanmar

Block AD-7 is in the Bay of Bengal, approximately 100 km off the west coast of Myanmar. Water depth at the Thalin-1A well location is 836 m. The well reached a total depth of 3,034 m, referenced from the rig rotary table. Following drilling, wireline logging was conducted and confirmed the presence of a gas […]

Myanmar Parliament Elects Suu Kyi Ally as Upper House Chairman

Myanmar’s new popularly elected upper house of parliament voted Wednesday in its opening session for an ally of Aung San Suu Kyi to serve as its chairman, bringing the legislature closer to naming a new president. Suu Kyi’s National League for Democracy party, which gained a dominant majority in both houses in November polls, chose […]

Myanmar’s Suu Kyi lauds choice of ethnic and army-backed parliamentary speakers

Myanmar’s Aung San Suu Kyi pushed the message of national reconciliation on Wednesday, lauding the choice of representatives from ethnic minorities and the army-backed party as parliamentary speakers in a chamber dominated by her allies. NAYPYITAW: Myanmar’s Aung San Suu Kyi pushed the message of national reconciliation on Wednesday, lauding the choice of representatives from […]

FMI Air Starts Yangon-Sittwe Flights; Introduces Upgraded Check-in

Local carrier FMI Air has begun a scheduled direct service from Yangon to Sittwe in Rakhine state. The service will run five days a week from Monday to Friday, and one way ticket will be sold for $65 during the promotion period until September 11. Mark Collins, chief operating officer of FMI Air, said, “There […]

Ngapali Beach, Mrauk Oo to See Extra Police Force

The Myanmar Police Force (MPF) will deploy more tourist police in Thandwe and Mrauk Oo in Rakhine state due to the rising number of tourists in those areas. The areas that will see beefed up security are Thandwe, Kyauktaw, Ngapali Junction, Mazin Airport, Mrauk Oo Archaeology Museum, Shiqthaung Pagoda and Mrauk Oo Airport. The tourists […]

Government, hotels pressure local officials over sand mining

The government, hoteliers and civil society are stepping up the pressure on Thandwe authorities to curb rampant sand mining at Myanmar’s premier beach destination, Ngapali. Tourism sources close to the Ministry of Hotels and Tourism say President U Thein Sein is aware of the issue, and has ordered action to be taken against companies that […]