Category: Myanmar

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 […]

Deals and dams on the Salween River – How China, Thailand and Myanmar shut local communities out Governments along the Salween River are pushing a series of hydropower dams across the river basin but offering little information on the status of the projects or their social and environmental impacts. By Skylar Lindsay Media outlets in […]

Banyan Tree in JV to manage 17 Htoo Hospitality hotels in Myanmar HOSPITALITY group Banyan Tree Holdings has formed a 50-50 joint venture (JV) with Myanmar Treasure Hotel & Resort Group (Htoo Hospitality) to initially manage 17 of the latter’s hotel properties. Htoo Hospitality is the hospitality division of Myanmar business tycoon U Tay Za’s […]

Liverpool John Moores University to teach engineering courses in Myanmar Liverpool John Moores University has partnered with London-listed Myanmar Strategic Holdings (MSH), developer and operator of businesses, to teach international standard engineering classes for Myanmar’s young professionals. The programmes will be taught by employees of Auston College Myanmar at its campus in Yangon’s Junction Square […]

Solar power gains ground in Sagaing, Myanmar A Norwegian fund-backed joint venture with Yoma Strategic has completed installing US$28 million worth of plants harnessing energy from the sun to generate electricity for Myanmar communities in remote areas. In Sagaing Region, Yoma Micro Power this month launched its 250th off-grid solar plant in Thint Sein Gyi […]