Myanmar News
Kingsmen on the lookout in region KINGSMEN CMTI Plc, a Thai-based provider of “one-stop services” in design and construction for retail and corporate interiors and exhibitions for the events industry, will open an office in Phnom Penh as it deepens a push into neighbouring countries this year. Pravit Sribanditmongkol, managing director of Kingsmen CMTI Plc, […]
Continue ReadingYangon mulls construction of sea port at river Plans to build an international sea port at the mouth of the Yangon River, which will be strategic for Myanmar and its neighbours, are underway, Yangon Chief Minister U Phyo Min Thein said yesterday at the meeting with Vice President held at Republic of Myanmar Federation of […]
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Yangon provides timeline, details of new projects The Yangon Region Government will this year commence development of several new projects including the construction of two new townships and a Special Economic Zone (SEZ) in Yangon under the city’s Urban Development Master Plan. Among the projects slated for 2018 are two new townships – Kyee Myin […]
Continue ReadingThailand, Myanmar to open Friendship Bridge 2 in May 2018 The Thailand-Myanmar Friendship Bridge 2 is expected to open in May to facilitate cross-border transport of goods over the Thaungyin River in Myawady, Kayin State, Deputy Minister for Construction U Kyaw Lin said. U Kyaw Lin told the Pyidaungsu Hluttaw (parliament) on Monday that Thailand […]
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Environmentalists Take on China’s Infrastructure Projects in Southeast Asia Rural communities in Thailand have been challenging Chinese companies with street protests, court petitions, and occasionally sorcery, to block environmentally-damaging projects in their back yards — and their call to action is being taken up across mainland Southeast Asia. Grassroots activists in the northern province of […]
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Sales at Peninsula Residences Yangon to commence this month Singapore-listed Yoma Strategic Holdings together with its partners, Yangon-listed First Myanmar Investment Company Limited (FMI) and the Hongkong and Shanghai Hotels (HSH) will start selling housing units from the Peninsula Residences Yangon this month. The Peninsula Residences Yangon is being developed on a 10-acre site in […]
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Super business challenges in Myanmar YANGON, 27 March 2018: Family-run firms, a lack of transparency and murky money networks in the former junta-led country continue to make doing business in Myanmar “super challenging”, a new study mapping the country’s top companies said on Monday. Myanmar’s economy remains dominated by military firms and an elite of […]
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Asian countries with highest and lowest unemployment rates March 23, 2018 Mongolia, Pakistan, Indonesia and Philippines have the highest employment rates in Asia. By contrast, Cambodia, Thailand and Laos post the lowest unemployment rates. Mongolia has the highest employment rate in Asia with 7.3 per cent. The country has seen a poor labour market with […]
Continue ReadingJapan eyes Hantharwaddy airport construction project The government is in negotiations with Japan for financing the construction of Hanthawaddy International Airport in Bago Region, after the original negotiations with a Singapore-led consortium fell apart in January, Transport Minister U Thant Sin Maung said on Tuesday. “This project is not halted,” he said, noting that Japan […]
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Thaketa gas plant commences supplying power in Yangon More than 40,000 households will now receive electricity following the scheduled completion and opening of a combined-cycle gas power plant in Thaketa township, Yangon Region, over the weekend. The Power Purchase Agreement (PPA) was signed in January 2016. The 106 megawatt plant was built and will be […]
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