Category: Myanmar

World Bank debars Germany’s Ferrostall Oil & Gas for 13 months in connection with  alleged fraudulent practice  in Myanmar The debarment makes Ferrostall Oil & Gas ineligible to participate in projects and operations financed by institutions of the World Bank Group for the stated period The World Bank has announced the 13-month debarment of Germany’s […]

Thailand’s SCG-Boonthavorn ventures into Phnom Penh with home-living retail outlet Design Village Thailand-based SCG-Boonthavorn has launched home-living retail outlet Design Village — the first of its kind in Cambodia — in Phnom Penh’s Sen Sok district. Due to open next quarter, Design Village is set to cater to growing demand for home-related design solutions in […]

Thailand’s Amata halts $1bn Myanmar property project after coup Developer worried about sanctions while Suzuki and ANA suspend operations BANGKOK/TOKYO — Thailand’s largest industrial estate developer has suspended work on a $1 billion project in Myanmar due to fears that the military coup and possible international sanctions will drive investors away from the country. Amata […]

Residents Refuse to Move for Australia-Myanmar Joint Venture Mine Yangon — Residents living near the Bawdwin mine — which was once one of the globe’s largest sources of lead and an important source of silver and zinc — have refused to move to make way for more mining. The Bawdwin Joint Venture (BJV) Co Ltd […]

Thailand’s TTCL to partner in Myanmar liquefied natural gas-to-power project in Ahlone township, Yangon region TCL Public Co has signed a power purchase agreement with Electric Power Generation Enterprise (EPGE), a state-owned enterprise under the Myanmar Ministry of Electricity and Energy (MOEE), for a liquefied natural gas-to-power project in the Yangon region, theasset.com reported. The […]

The inside story of Thailand’s and Myanmar’s troubled Dawei mega-project Myanmar’s long-delayed Dawei mega-project experienced yet another setback after contracts with Thailand’s construction giant Italian-Thai Development were cancelled recently. The ambitious, but controversial Dawei Special Economic Zone (DSEZ) project seeks to transform the sleepy coastal town into Southeast Asia’s largest industrial and trade zone – […]

Myanmar’s first glass bridge to be 160 ft high near to Goteik Viaduct in Nawngcho Myanmar’s first glass bridge will be constructed 160 feet above ground to ensure local visitors get the most enjoyable experience, said a representative from the developer. The glass walkway will be 160 feet high, 200 ft long and 120 ft […]

Labour dispute resolved between contractor and workers on Myanmar’s US$600 million Yoma Central mixed development project in Yangon SEE ALSO: Workers Protest At Yoma Central Construction Site To Demand Paid Leave During The Myanmar Thingyan Holiday (Songkran) A labour dispute between the contractor and construction workers of the US$600 million Yoma Central mixed development project […]

Hotel Construction Threatens Myanmar’s World Heritage Site at Bagan Despite a prohibition on new construction in Myanmar’s World Heritage site, new hotels and guesthouses continue to be built within the protected property zone of Bagan, according to local residents. The 50-sq.-km property zone is an area “that has been demarcated as containing most of the […]

Shwe Taung Group wins tender for three solar power project in Myanmar Shwe Taung Group has won three out of 30 ground-mounted solar power tenders called by the Ministry of Electricity and Energy (MOEE) in Myanmar. The company said it is the only Myanmar group to win three projects as the lead developer and majority […]