India offers to aid Myanmar in boosting agriculture, healthcare

India on Thursday offered to assist Myanmar in the area of public healthcare and provide support in boosting agricultural production. The offer was made by Commerce Minister Nirmala Sitharaman at the India Myanmar Business Conclave held at Myanmarese capital Yangon, according to an Indian commerce ministry statement in New Delhi. “India can cooperate in boosting […]

Foreign assistance vital in boosting energy in Myanmar

FINANCIAL and technical assistance from international governments and institutions will be as important as foreign direct investment (FDI) in order to boost Myanmar’s power sector development, an energy official has said. Win Khaing, a member of National Energy Management Committee (NEMC) and president of Myanmar Engineering Society, said at the 6th Myanmar Oil and Gas […]

History needs Help

Preservation advocates face uphill struggle to save colonial buildings amid the development boom in Myanmar’s biggest city. Settled between the green warehouses of Yangon’s Jetty Wharf, the historic colonial-era Keighley Street Goods Office of Burma Railways is in disrepair. Originally constructed in the 1880s with an attached rail line, the once-bustling depot was an important […]

Despite capacity constraints, oil & gas industry still promising

Win Khaing, a member of National Energy Management Committee and chairman of United Engineering Co Ltd, said the industry itself brings a lot of opportunities for foreign investors to do business in the newly-opened nation. “Probable and possible uncontracted gas would amount to 4,000 MMCFD over 30 years. It definitely indicates the level of optimism […]