Myanmar News
Vietnam’s Eurowindow plans to invest up to $120m in Myanmar factories Eurowindow, Vietnam’s leading supplier of doors and facades, plans to invest up to $120 million in setting up two factories in Myanmar to supplement both local and regional demand. Speaking on the sidelines of the opening ceremony of its Myanmar representative office, Eurowindow general […]
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The Myanmar government will consider using liquefied natural gas (LNG) to generate power and meet the current shortage of electricity in Myanmar, U Win Khine, minister at the Ministry of Electricity and Energy (MOEE), said during a meeting to raise electricity distribution on Saturday. As it will be the first time Myanmar is using LNG […]
Continue ReadingMyanmar plans to add 3 GW of new gas-fired capacity by 2021 The Myanmar government plans to double the country’s power capacity and has signed preliminary engineering works agreements with six companies including Total, Sinohydro and Siemens to develop four new gas-fired power plant projects with a combined total capacity of 3,100 MW. Three projects […]
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Lighthouse Club Yangon branch networking event – 28 March 2018 Please note the Lighthouse Club – Yangon branch event will be held once again at the “The Brunch Society”at Sule Plaza on 28 March at 7 pm. Thanks to our sponsor Asia General Holding Co.,Ltd Thank you. All are welcome
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Building bridges between Laos and Thailand for better lives Laos overcomes its land-locked geography with overland cross-border infrastructure, boosting interconnectivity between countries in Southeast Asia. Waking up in one country and shopping in another may sound like the life of a high-flying chief executive, but not for Vannasinh Phrasavath, who does it every time she […]
Continue ReadingYongnam Holdings announces framework agreement to build Myanmar airport expires ENGINEERING and construction services provider Yongnam Holdings announced that a framework agreement to build a new Myanmar airport has expired, putting the future of the project in doubt. Yongnam, part of a consortium with JGC Corporation and Changi Airports International (CAI), said that the agreement […]
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ADB to finance B.Grimm Power’s Asean energy project The Asian Development Bank (ADB) signed a loan for $235 million to B.Grimm Power, one of the largest power producers in Thailand, to develop and enhance renewable energy capacity in Asean member countries. ADB’s financing will support B.Grimm Power’s implementation of the Asean Distributed Power Project, which […]
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Thai renewables companies forced to seek opportunities abroad Government control and rising competition mean less room for domestic growth Thai renewable power companies operating solar and wind farms are shifting investment overseas, despite the government’s target of making renewables contribute up to 25% of the country’s total power mix by 2021. The state’s control over […]
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Eight years needed to build Yangon railway station project With an estimated price tag of US$2.5 billion and eight years to build, the time cost and investment needed for the Yangon Central Railway Station redevelopment are massive. THE US$2.5 billion Yangon railway station project, which is set to be Myanmar’s largest joint venture investment project […]
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Myanmar Railways selects winner for $2.5 billion Yangon railway station project Myanmar Railways has chosen a consortium of Myanmar, Chinese and Singaporean firms to undertake the massive Yangon Central Railway Station redevelopment – one of the country’s largest property projects to date, with an estimated US$2.5 billion price tag. Singapore-listed Oxley Holdings announced last night […]
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