Category: Myanmar

Myanmar to face power shortages as VPower-backed emergency plants miss deadlines Driving past trucks laden with containers along the road that leads to the Thilawa Special Economic Zone (SEZ) in the outskirts of Yangon, one can easily spot from afar the company logos of the many manufacturers and utilities providers which have their factories there. […]

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 […]

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 […]

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 […]

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. […]

No worries on electricity supply Thailand’s Energy Ministry assures By THE NATION The Energy Ministry will ensure adequate electricity supply while many people are advised to work from home by the government in an attempt to promote social distance and prevent the spread of Covid-19, Energy Minister Sonthirat Sonthijirawong said on Saturday (March 28). “I […]

Suzuki to build new plant in Thilawa Special Economic Zone southeast of Yangon, Myanmar Suzuki Thilawa Motor Co Ltd, Suzuki Motor Corp’s subsidiary for assembly and sales of automobiles in Myanmar, will construct a new automobile plant that will conduct welding, painting, and assembly of automobiles, Suzuki Motor announced on Monday. Suzuki Thilawa is currently […]

Thailand’s SB Furniture brand arrives in Myanmar Plush duvets cover the beds, illuminated by the designer lamps on the side tables. These bedroom collection sets are quite complete, with cabinets and sideboards in the corners. And that’s only on the second floor. Downstairs, customers browse a whole range of sofas and arm chairs, corner-piecechairs, made […]

Myanmar seeks $500M loan from Japan and South Korea to upgrade railway Japanese loan to improve the Yangon-Taunggo section of the Yangon-Mandalay line. South Korean loan on the Gyotaung-Melzar and Mawhan-Kardu sections of the Mandalay-Myitkyina line The government will seek US$502.72 million (K719.71 billion) in loans from Japan and South Korea for railway upgrades to […]