Category: Myanmar

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 […]

Thai-Myanmar joint venture to build $250,000 hotel on Hlaing Gu Island off Kawthoung The government has approved a proposal by Thai-Myanmar joint venture to build a US$250,000 (K346.3 million) hotel project on Hlaing Gu Island off Kawthoung in Tanintharyi Region (close to Ranong, Thailand), the Directorate of Hotels and Tourism has announced, according to the […]

Myanmar builds a port for LNG tankers to supply 350-megawatt LNG power plant in Thilawa SEZ The construction process of a port to dock LNG tankers to supply liquefied nature gas (LNG) for 350-megawatt LNG power plant in Thilawa Special Economic Zone (SEZ), Yangon, is about 40 per cent finished, according to Ministry of Electricity […]

Upgrade for Myanmar’s Thandwe airport runway The upgrade of an airport in Thandwe, Rakhihe State, a project listed under the Myanmar Project Bank, has commenced with work on extending the runway already taking place, said U Zaw Min, director of the Department of Civil Aviation (DCA). The US$5 million runway will enable it to handle […]

China keen to invest in Myanmar’s Dawei Special Economic Zone (SEZ) A state-owned Chinese firm has expressed interest to invest in the planned Dawei Special Economic Zone (SEZ) in Tanintharyi Region, U Myint San, vice chair of Dawei SEZ Management Committee, told The Myanmar Times. The Myanmar government has yet to respond to the Chinese, […]