Category: Myanmar

Peninsula Hotels’ Myanmar project to resume depending on economics Recovery of tourist travel to China slowed by ‘geopolitical tensions’ The operator of the luxury The Peninsula Hotels chain said Thursday that its stalled $130 million project in Myanmar has not been canceled and that a decision to resume it would depend on economic conditions. The […]

Japan halts plans to finance Yangon-Mandalay Railway Development Project The Japanese government has cut official development aid for the Yangon-Mandalay Railway Development Project, a longstanding representation of cooperation between Japan and Myanmar. The Asahi Shimbun, a Japanese newspaper, reported on May 31 that the cessation of aid was intended in part as a condemnation by […]

India funded Sittwe Port in Myanmar set to open on 9 May 2023 The port is funded by India as part of the $500 million Kaladan Multimodal Transit Transport Project, a collaboration between India and Myanmar, aimed at developing transport infrastructure in Southwestern Myanmar and north-eastern India to provide an alternative route to India’s landlocked […]

New generation takes up cudgels against dam construction on Salween River READ ALSO: Salween River Needs Protection From Destructive Dams “When the Salween runs dry and we can cross it, that would be the end of the world,” is a saying widely believed by generations of locals who live on the banks of the river […]

Peninsula hotel operator ready to resume stalled $130 million project in Yangon anytime ‘Suitable’ conditions sought in Myanmar after military takeover stalls work The operator of the upscale Peninsula hotel chain is prepared to resume its stalled $130 million project in Yangon whenever conditions are deemed suitable. Hongkong and Shanghai Hotels CEO Clement Kwok told […]

Talks Underway to Resume Work on Trans-Myanmar Railway Linking China to Bay of Bengal After pandemic-related delays, discussion is now underway about resuming work on the railway project in Myanmar that will connect China’s Yunnan province to the Bay of Bengal, according to the Myanmar government. The project is part of China’s Belt and Road […]

Salween River needs protection from destructive dams This morning at Sob Moei — the confluence of the Moei and the Salween rivers on the Thailand-Myanmar border — indigenous peoples and their supporters are attending a spiritual ceremony to express their collective stance to protect the Salween River from destructive dam projects. This area has been […]

Keppel Land to divest from Myanmar hotel project for $57.4 million Keppel Land and its subsidiary Double Peak Holdings say they are divesting their 100 per cent stake in Greenfield Development for US$57.4 million in cash, reports the Straits Times. Greenfield Development wholly owns Straits Greenfield, which has the right to build and operate a […]

Myanmar’s first wind power project cooperation signed, new step under BRI – deal covers three wind power projects A deal for Myanmar’s first wind power project with the participation of a Chinese energy infrastructure company was signed on Wednesday, a major step in bilateral new-energy cooperation, the Chinese Embassy in Myanmar said in a statement […]