Private Sector Encouraged to Help Strengthen Power Generation

​​ Officials from the Ministry of Electricity and Energy have said that there are long-term and short-term projects planned in order to meet growing electricity demand in the country. Myanmar’s demand for electricity has increased annually, but power supply has been insufficient. 6.5 million out of 10 million households have no access to electricity, and […]

Yangon to invest Ks 8 billion into agricultural sector

The Yangon Region Government has earmarked about Ks8 billion to spend on development of the mechanised agricultural sector in Yangon Region as part of a revitalization effort for farmland, said Yangon Region Chief Minister U Phyo Min Thein. “As far as the industry sector is developed in Yangon Region, it is found that the agriculture […]

Developer Plans Lawsuit After YCDC Changes Design Plans

A Yangon high-rise developer says he is planning to sue Yangon City Development Committee for K50 billion (US$39.9 million) in compensation after YCDC instructed him to reduce the number of floors on a residential project. U Kyaw Kyaw Naing said he was informed by YCDC’s high-rise inspection committee (HIC) on October 6 that designs for […]

Rice farmers need government support: federation

Polices set by the new government will determine the success of Myanmar’s rice industry, which is in dire need of funding, according to the Myanmar Rice Federation. The agricultural staple will depend heavily on government support over the coming years, said MRF president U Chit Khine at the federation’s annual meeting on February 5, where […]

Muse traders flout rice exports ban

Despite a ban on rice exports as Myanmar struggles to recover from a nationwide flooding disaster, traders are continuing business at the Muse border with China. In early August, the Myanmar Rice Federation announced a ban on exports for six weeks as more than 500,000 acres of paddy flooded nationwide and more than 300,000 acres […]

MRF to Control Rice Prices

The Myanmar Rice Federation (MRF) will work towards controlling the price of rice at open wholesale rice centres in Yangon and other regions, according to U Aung Than Oo, chairman of the MRF. “The federation will monitor who increases the wholesale price of rice. If they find price gouging by rice distribution centres, we will […]

Rice federation draws up emergency plans for imports

The Myanmar Rice Federation is drawing up contingency plans to import rice in response to widespread flooding, officials said. Heavy rains and rising waters in 11 out of Myanmar’s 14 regions and states have raised fears of a shortage of the staple food. The Myanmar Rice Federation had previously announced a temporary ban of exports […]

IGE’s power project to face further delays

A hydropower station first conceived in 2003 will require a further four years of work, costing an estimated K230 billion more, parliament heard on May 18. Deputy Minister for Electrical Power U Aung Than Oo told Amyotha Hluttaw that the Thahtay hydropower project on Thahtay Creek, 20 kilometres (12 miles) northeast of Thandwe in Rakhine […]

Coal-fired power planned, but on hold

Coal-fired power plants are still on the way despite concern over their social and environmental impacts raised by civil society groups. “We are explaining coal-fire power projects in public,” said deputy minister of electric power U Aung Than Oo. “We are still trying to get peoples’ understanding. Coal-fired projects will move to the next step […]

Korean loan comes for power lines

The Ministry of Electric Power has signed an agreement with Korea’s Export Import Bank for a US$100 million loan to fund a 500-kilovolt transmission line. The project is the first to receive funding from South Korea’s Economic Development Cooperation Fund during the period of the civilian government, though there had previously been several planned projects […]