Myanmar coup threatens Chinese power projects

Myanmar coup threatens Chinese power projects Hong Kong-listed VPower under fire for business with military companies Chinese energy companies contracted to build power plants in Myanmar have had their projects put on hold, and some are considering exiting the market, in a sign of how the military coup in the Southeast Asian country may be […]

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French energy giant Électricité de France Halts Myanmar Hydropower Project Over Human Rights Concerns

French energy giant Électricité de France Halts Myanmar Hydropower Project Over Human Rights Concerns French energy giant Électricité de France has suspended a hydropower project worth more than US$1.5 billion (2.11 trillion kyats) in Myanmar’s Shan State over human rights concerns as the military regime continues to use lethal force to crack down on anti-coup […]

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World Bank debars Germany’s Ferrostall Oil & Gas for 13 months in connection with  alleged fraudulent practice  in 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 […]

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Thailand’s SCG-Boonthavorn ventures into Phnom Penh with home-living retail outlet Design Village

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 […]

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Thailand’s Amata halts $1bn Myanmar property project after coup

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 […]

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Thailand’s TTCL to partner in Myanmar liquefied natural gas-to-power project in Ahlone township, Yangon region

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 […]

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