Myanmar News
Hopes for revival of Myanmar’s Dawei SEZ IMPLEMENTATION of the Dawei special economic zone (SEZ) has been suspended for years, but Myanmar and Thailand are still eager to revive the mega project, according to an official in Myanmar. Phyo Win Tun, minister for planning and finance at the Tanintharyi Region Government and vice-chairman-1 of the […]
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Yangon developer looks to cash in on loop line improvements Myanmar city plans to emulate Tokyo’s Marunouchi business district YANGON — The Japanese trains trundling along the line that loops around Myanmar’s commercial capital, Yangon, are a throwback to an earlier era and a far cry from the modern carriages that whiz through Tokyo. But […]
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Coal backlash creates energy dilemma in Southeast Asia Environmental protests come as Thailand and Myanmar face challenge to meet power needs BANGKOK — Southeast Asian governments are finding themselves caught between pressure to meet regional power demands and backlash from citizens fearing the environmental effects of coal-fired electrical plants. How these growing economies will resolve […]
Continue ReadingIntroducing LLFA Self Amalgamating Tape into Thailand GTG Engineering, through their exclusive Thailand Distributor, Bohemian, presents a revolutionary new product, LLFA® Tape, which is changing the way industry insulates and seals gas, liquid, steam and electricity. It is an ideal emergency repair product for all maintenance teams, electricians, plumbers and natural gas technicians. LLFA® Tape […]
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More power to be produced for coming summer in Myanmar A press conference held by Ministry of Electric Power on January 11 in Nay Pyi Taw Summertime nationwide demand for electricity is expected to be met in 2018 thanks to unusually high rainfall and newly-built gas turbines, said Than Naing Oo, deputy managing director from […]
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Yangon to build $400 million elevated expressway The Ministry of Construction and International Finance Corporation (IFC) on January 11 signed an advisory services agreement to build an elevated expressway connecting Yangon port, Thilawa SEZ, Yangon International Airport, Yangon Industrial Zone and Yangon-Mandalay expressway. The 20.5-kilometre elevated expressway will cost US$400 million (535.86 billion kyat), with […]
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Best Western raises Asia hotel pipeline total to 24 Following a year of strong growth across Asia, Best Western Hotels & Resorts has even more new hotels lined up to launch in key business and leisure destinations across the region. Across Asia, Best Western opened nine new hotels this year in Myanmar, Japan, Indonesia, Thailand […]
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Yoma awards building contracts worth over US$400m for new Yangon developments SINGAPORE – Yoma Strategic Holdings on Wednesday (Nov 29) announced the signing of an agreement with two global construction companies to build its integrated real estate development Yoma Central, and The Peninsula Yangon, the former headquarters of the Burma Railway Company which will be […]
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POSCO Daewoo Gets Hotel Biz Rolling in Yangon The five-star hotel is comprised of two buildings, 15-story hotel with 343 guest rooms and 29-story serviced apartment bloc with 315 units A view of the Hotel Lotte Yangon Complex in Yangon, Myanmar, which was built by POSCO Daewoo Corp. and to be managed by Lotte Hotel […]
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New Condominium Rules allow more flexibility for foreigners in Myanmar Foreigners receive more attractive investment options under the new Condominium Rules. Foreigners will be given more flexibility to invest in the local property sector, according to new rules under the Condominium Law announced Thursday. The Condominium Rules are the final steps of the implementation of […]
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