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Tanintharyi’s Citizen’s Budget to Focus on Infrastructure Development

Tanintharyi’s regional government is spending heavily on infrastructure and its 2017-18 budget focuses on electricity, roads and bridges as well as low-cost housing, Chief Minister Daw Le Le Maw told The Myanmar Times on January 22. Out of the approved budget of K157.45 billion for 2017-18 fiscal year, K119.86 billion has been allocated for electricity, roads and bridges, […]

Yangon Central Railway Comprehensive Development Project to Continue

The Union government will select a winner for the tender of the Yangon Central Railway Comprehensive Development Project by next month, U Htun Aung Thin, general manager of Myanma Railways (lower Myanmar). Under the project, Yangon Railway Station is to be redesigned and rebuilt as an international standard railway station equipped with modern business outlets […]

Yangon allocates additional K47 billion budget

The Yangon Regional government allocated K47 billion supplementary budget for fiscal year 2017-2018 to fund several road construction and rehabilitation projects, the regional minister of planning and finance said. U Myint Thanung, regional minister of planning and finance, said the additional budget was necessary since the original estimated regional budget of K424.2 billion was already […]

Rakhine Farmers Caught Between Falling Prices and Rising Labour Costs

​​ Farmers associations in Rakhine State – one of the biggest rice producing regions in Myanmar – are calling for government aid amid falling prices, closing markets and a shrinking labour pool. But the state government says it does not have the funds or the expertise to help solve what it says is a nationwide […]

Myanmar Offshore Supply Base Debacle or Miracle in Waiting?

In a recent briefing regarding the development of an offshore supply base conducted by Asia Pacific Connex, there was much enthusiastic debate around the provision of this key infrastructure. Particular emphasis was placed on the need to improve local content in the Myanmar offshore gas developments and to create a framework to harness offshore development […]