The Foreign View on Myanmar’s Democratic Transition

Foreign ambassadors have expressed optimism that Myanmar is succeeding on its own path to democracy but could benefit from foreign help in terms of the peace process, and such fields as health and education. Mr. Chua Hian Kong Robert, Ambassador of Singapore and Ms. Tone Tinnes, Ambassador of Norway spoke during a panel discussion session of […]

Kandawgyi Park helium balloon project garners objections

A ballooning plan to provide tourists with a bird’s-eye view of Kandawgyi Park may yet be deflated by lawmakers trying to jettison the proposal. Myanmar Voyages International Tourism Company said it has already secured permission to launch a helium balloon venture above Yangon’s Kandawgyi Lake. The chair of the company said the plan will help […]

Power plant tender winner to be announced next week

Subscribe to our tender alert mailing list The Ministry of Electricity and Energy will announce the winners of a tender to build a 300-megawatt power plant in Yangon next week, ministry officials said. The tender was issued in July for a five-year contract to supply 300MW of power to Yangon each day – the government’s first tender […]

Energy Advisor Woos Investors, But Hints at “Dark Forces”

U Soe Myint, a national energy sector advisor to the Asian Development Bank and former director general of Ministry of Energy’s Energy Planning Department, told a business seminar that more foreign investment is needed in the oil and gas sector, but they should be aware of uncertainty. He said that in addition to oil exploration, […]

Singapore-Myanmar joint venture Modern Montessori International Group starts Yangon pre-school

A JOINT venture between Singapore and Myanmar has made an early entrance into the latter’s pre-school education market. The company has opened a $500,000 Modern Montessori International (MMI) Group centre in the nation’s largest city Yangon, in the affluent Bahan township. The pre-school was officially opened yesterday. It will be managed by MMI’s local franchisee, […]

Angry Thilawah SEZ residents to take legal actions

Angry Thilawah Special Economic Zone (SEZ) residents and land-owners are preparing to take legal actions against the divisional government over compensation. “The Yangon divisional government informed us to wait for a week on August 23. They assured us that they would negotiate the best offer. We would contest a legal suit if they do not […]