Japan to provide ¥47 billion for two Myanmar infrastructure projects

Japan to provide ¥47 billion for two Myanmar infrastructure projects For first phase of Yangon-Mandalay Railway Improvement Project and third phase of Thilawa Special Economic Zone infrastructure development The Japan International Cooperation Agency (JICA) and Myanmar’s government on Tuesday agreed to official development assistance (ODA) loans to contribute to economic and social development through improvements […]

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Workers protest at Yoma Central construction site to demand paid leave during the Myanmar Thingyan holiday (Songkran)

Workers protest at Yoma Central construction site to demand paid leave during the Myanmar Thingyan holiday (Songkran) Update 1: Workers at the Yoma Central project gathered Tuesday at the entrance of the construction site in downtown Yangon to demand paid leave during the Thingyan holiday, despite the suspension of work amid the rising number of […]

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PTT to to continue gas production in Myanmar to maintain Thailand’s gas output

PTT to to continue gas production in Myanmar to maintain Thailand’s gas output Energy policymakers have ordered national oil and gas conglomerate PTT Plc to continue gas production in Myanmar during the Songkran holiday to avoid an electricity interruption from surging demand from home workers. Imported gas from Myanmar’s Yadana, Yetagun and Zawtika blocks account […]

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Myanmar’s construction sector contracts 30% due to COVID-19 pandemic

Myanmar’s construction sector contracts 30% due to COVID-19 pandemic Industry insiders say that the country’s construction sector has slowed by around 30 percent due to the COVID-19 pandemic. “There are construction projects that have been suspended due to a shortage of imported building materials and some have been stopped temporarily due to cash flow problems. […]

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Thailand’s Super Energy Corporation assigns $457m for Vietnam solar deals

Thailand’s Super Energy Corporation assigns $457m for Vietnam solar deals Despite the looming global recession caused by the Covid-19 pandemic, SET-listed Super Energy Corporation announced that it will allocate US$457 million for asset acquisition in Vietnam this year. Chairman and acting managing director Jormsup Lochaya said the company decided to take over four solar farm […]

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