Myanmar News
Thailand to cut down power generation reserve from 40% to 15% The State-run Electricity Generating Authority of Thailand (Egat) is planning to reduce the power generation capacity reserve to 15 percent from 40 percent of total capacity, in a move to curb high power costs. Decommissioning some power plants early, selling electricity to neighbouring countries […]
Continue Reading
Myanmar firms to develop new commercial port in Ayeyarwady Ever Flow River Public Co (EFR), which is listed on the Yangon Stock Exchange, and Ayeyar Hinthar Holdings (AHH) will cooperate to develop the Ayeyarwaddy International Industry Port (AIIP), EFR announced on August 12. EFR subsidiary Unison Choice Services will cooperate with AHH to establish A […]
Continue Reading
What’s New in Myanmar’s Project Bank The Myanmar government has added to the country’s “project bank” of officially endorsed infrastructure plans nearly six dozen new major investment projects worth billions of dollars, including the construction of research and laboratory facilities, expressways and bridges, power supply projects and inland ports across the country. Launched in February, […]
Continue Reading
Power industry contracts in Asia-Pacific for July 2020 down 13% Asia-Pacific power industry contracts activity in July 2020 saw 71 contracts announced, marking a drop of 13% over the last 12-month average of 82, according to GlobalData’s power database. Power contracts activity in Asia-Pacific by volume – July 2019 to July 2020 Jul-19 81 Aug-19 […]
Continue Reading
OIA – 25 Years Of Being Green In 1995, Elmar Kleiner became an official member of the architectural association in Germany, and ran a successful joint architectural venture in the heart of Berlin. In 2006, he founded his multi-disciplinary architectural firm OIA as a Thai company limited, with goals to extend his passion for green […]
Continue Reading
Bangladesh-Myanmar railway construction project goes slow, delay to timetabled June 2022 completion The Bangladesh-Myanmar railway construction project faces multiple setbacks, including delay in relocation of utility lines, acquiring lands and COVID-19 situation. Delay in the accomplishment of the project, which is timetabled to be completed by June 2022, may raise the project cost significantly. If […]
Continue Reading
Japanese retailer Aeon to invest $180m in first Aeon Mall in Yangon, Myanmar Group ahead of global peers in foray into underserved SE Asian market Japanese retail group Aeon said Tuesday it would build a large commercial facility in Yangon, the biggest city in Myanmar, with an investment of $180 million, marking its first market […]
Continue Reading
Siemens Energy will help stabilize Myanmar’s electrification backbone grid with the first Siemens 500kV outdoor GIS in ASEAN The company signed a contract with Sojitz Corporation, the prime contractor of Department of Power Transmission and System Control (DPTSC) of Myanmar, for two new turnkey 500/230kV of Phayargyi and Hlaingtharyar substations located in Yangon area. These […]
Continue Reading
New Avani Hotels & Resorts Opening Soon in Cambodia, Myanmar, Thailand and Vietnam Avani Hotels & Resorts announced more than ten new properties will open in the coming years, including debuting in four new countries. In addition, despite the global economic slowdown from Covid-19, Avani has successfully completed a number of full-scale renovation projects at […]
Continue Reading
PJ Chonburi Parawood, Thailand’s leading home goods exporter acquires Myanmar’s largest rubberwood company For the last couple of years PJ Wood has focused on growing its manufacturing base in its Chonburi headquarters. As it continues to expand and shifts to be a truly regional company it has acquired Myanmar’s largest rubberwood company from a leading […]
Continue Reading