Shan Coal Power Plant to Run Health Tests

Tikyit coal-fired power plant in southern Shan State will be tested for one year and if the results point to serious consequences, it will be stopped, says Swe Thein, Shan State’s minister for electric power, energy and industry. Wuxi Huaguang Electric Power Engineering Co Ltd hired the plant from the ministry on a 22-year lease. […]

Myanmar courting Thai steel ventures

The Myanmar government is wooing Thai steel producers to set up a joint venture to produce hot-rolled coil steel in Bagan, according to the secretary-general of the Iron and Steel Club under the Federation of Thai Industries (FTI), Korrakod Padungjitt. He said the Myanmar government is building a steal factory in Bagan with total capacity […]

Commit-and-Act Approach Expected Among Investors

Despite the 30 percent drop in FDI compared to the preceding year, the inward FDI in the financial year 2016-17 was moderately satisfactory, with US$6.6 billion. That amount mainly derived from the transport and communications sector. The sector alone attracted US$3 billion FDI, making it the top sector in terms of FDI. However, it is […]

Coffee Culture Grows in Rangoon

RANGOON — It is 2:30 a.m. and I am on my way home after a night out with friends when I find myself watching the teashop boys on my street set up tables with their half-open eyes. The teashop’s soft light is bright enough to see one man baking naan. An older man who prides […]

Group Urges govt to Relook Inle Lake Tender

An environmentalist group is urging the Union and Shan State governments to reinvestigate the tender agreement that allowed entrance and zone fees to be collected at Inle Lake. ‘Save the Inle Lake’ secretary-general U Khin Maung Latt said a letter requesting the reinvestigation had been sent to State Counsellor Daw Aung San Suu Kyi and […]

K30b From Reserved Fund for Yangon’s Power Needs

​​ President U Htin Kyaw has asked the Pyidaungsu Hluttaw to approve the allotment of K30 billion from the reserve fund of the 2016 Union budget for the purchase of generators to meet the increasing electricity needs in Yangon Region. The proposal was made in a formal message distributed to the Hluttaw representatives on March […]

US to Give $150k of Equipment to Coffee Growers in Shan Township

​​ The United States Agency for Inter­national Develop­ment (USAID) will offer $150,000 worth of equip­ment to help coffee culti­vators in southern Shan state, an industry official has said. U Ye Myint, chairman of Myanmar Coffee Associa­tion (MCA), said the pro­gram will help growers in Ywar Ngan township. “The United States is the only country helping […]

Thai Border Trade Tops $1.1b

​​ Cross-border trade with Thailand exceeded US$1.13 billion this financial year until February 17, according to the Ministry of Commerce. Myanmar imported more than US$870 million worth of goods from Thailand and exported just US$250 million, it said. Myanmar trades with Thailand mainly through the Tarchilek border in Shan State, Myawaddy in Kayin State and others in Tanintharyi Region and […]

Myanmar, Laos Vow to Enhance Bilateral Cooperation in All Sectors

​​ Myanmar and Laos have vowed to enhance bi­lateral cooperation in all sectors with a specific fo­cus on the socio-econom­ic development of border inhabitants, according to sources with the Ministry of Foreign Affairs. The pledge was made at the 12th meeting of My­anmar-Laos Border Re­gion Authorities at cen­tral level in Yangon. The meeting, co-chaired by […]

Myanmar coffee producers lag behind neighbouring countries

YANGON – Despite the fact that Myanmar has many fertile upland areas, the country is not known as a major coffee producer unlike neighbours Laos and nearby Vietnam. In recent years, local entrepreneurs have been exploring new ways to grow and market coffee domestically and abroad, with Ngwe Tun, the founder of Genuis Shan Highlands […]