Solar panels light up thousands of homes in Kayin State

Over 11,000 rural households in Kayin (Karen) State are set to newly receive electricity thanks to a long-awaited solar panel program. Under the National Electrification Project (NEP), the World Bank and the Department of Rural Development are installing heavily subsidized solar panels, which were sold to villagers at a fraction of the real cost. The […]

QTC Energy Unit Buys 15% Stake in GEP

Bangkok-based QTC Global Power has paid 67.84 million baht ($1.9 million) for a stake in Thai PV developer Green Earth Power (GEP), which is building a 220 MW solar installation in Myanmar. GEP is developing the massive PV plant in the city of Minbu, Magway Region, in cooperation with Myanmar’s Ministry of Electric Power. In […]

Emerald Green Project Promises to Improve Lives of Fishermen

AS PART OF effort to reduce rural poverty, an Emerald Green Project is being implemented in Thaton District, Mon State by the Ministry of Livestock, Fisheries and Rural Development, with plans to spend Ks60 million to improve the economic status of local fishermen. Under the programme, loans will be offered this year to residents living […]

Chinese giant works to win the people

Though the Kyaukphyu area is set for large-scale investments, it is in Rakhine State, which is also home to some of the country’s poorest communities. Kyaukphyu hopes to become a hub for the oil and gas industry and is to be home to one of Myanmar’s three Special Economic Zones – yet local residents risk […]

Myanmar gets US$350m from seafood export

Myanmar has earned more than US$350 million from over 200,000 tons of fisheries products exported in the past eight months of this fiscal year (2013-14), according to Ministry of Livestock, Fisheries and Rural Development. The country expected to earn US$ 440 million this year from the seafood export through the normal trade routes. And it […]

Myanmar receives largest aids from Japan and US

The largest portion of international aids which Myanmar has received since Thein Sein’s government took office in 2011 came from Japan and the United States, according to a report from Ministry of National Planning and Economic Development. The combined aid funds from the two countries amounted to over US$460 million, said the report. Since the […]

Ministry to cooperate with private companies to generate more power

The Ministry of Electric Power will team up with the private sector to address the problem of power shortages. Myanmar is expected to consume about 1688 MW in the summer time. But the actual demand is about 2060 MW. Only about 30 per cent of the total households in the country has connected to the […]

Ooredoo to spend $60 million on development projects

Ross Cormack, the Senior Representative of Ooredoo in Myanmar said that the company will spend $60 million within 10 years on social development projects in Myanmar. Ooredoo, based in Qatar won one of the two tenders for telecom licenses on June 27. The other was won by the Norwegian firm Telenor. The announcement was made […]