Myanmar News
Unsullied beaches, ancient Pagan temples and the thrill of adventure make Burma the perfect holiday spot for curious and cash-savvy travellers, says Liz Connor Until fairly recently, Myanmar was off limits to wanderlust Westerners. But after five decades of military rule and consequent democratic reform, Asia’s formerly Junta-controlled diamond in the rough has finally opened […]
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Long-anticipated revisions to Burma’s Mining Law, which were passed by the outgoing Parliament at the end of last year, could spur foreign investment in a sector that is still vulnerable to frontier market perils. The new law, which was finalized after being stalled in Parliament for more than two years, is significantly more favorable to […]
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LAOS, OFTEN called the “Battery of Asean”, will live up to its name by supplying Asean power at a critical time, when energy demand in the region’s fast growing economies threatens shortages amid several infrastructure and urbanisation projects, pledged Laos Vice Minister for Energy Viraphonh Vilavong. Thailand, which depends on natural gas for 70 per […]
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THE CONTROVERSIAL Thai-Chinese medium-speed railway project requiring an estimated investment of over Bt500 billion is facing increased uncertainties after the Thai government insisted that China should take more financial responsibility for the 800km-plus rail route from Bangkok to Nong Khai province in the Northeast. Meanwhile, the Jakarta Post reported that Indonesia’s first high-speed railway connecting […]
Continue ReadingYangon – More than 70 local and foreign companies have submitted their expression of interests to develop the land plot surrounding the Yangon Central Railway Station, according to Myanmar Railways. An anonymous source from the tender scrutinising committee said that their bids would be shortlist and the result would be announced in the second week […]
Continue ReadingSET-listed SPCG Plc is ratcheting up its international operations and will almost double its solar power generating capacity to 500 megawatts in three years. Solar farms and rooftop projects will be expanded in Japan, Myanmar and the Philippines as well as at home, said Wandee Khunchornyakong, chairwoman and chief executive of Thailand’s biggest solar power […]
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The long-awaited Condominium Law should open up the market to overseas buyers Myanmar’s Union Parliament finally passed the draft of the Condominium Law that will legally permit foreigners to own up to 40 percent of a condo building, Eleven Myanmar reported. Under the law, a “condo” is defined as a building with at least six […]
Continue ReadingJapanese engineering company JGC and partners have taken another step toward a contract for a new international airport near the city. A consortium including JGC and a unit of Changi Airport Group (Singapore) will likely sign a memorandum of understanding with the Myanmar government as early as this month. Hanthawaddy International Airport, estimated at a […]
Continue ReadingThailand’s hospitality industry reached new highs in 2015, enjoying its best year in over two decades, according to research revealed exclusively by leading research institute STR Global at Thailand Tourism Forum 2016, held today at the InterContinental Bangkok. Thailand closed the year with an overall occupancy of 73.4%, an increase of 13.6% over 2014, as […]
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Bangkok: One in five prisoners of war and forced labourers died on the Thai-Burma railway – one for every sleeper laid. Seventy years after jungle reclaimed the infamous death railway at the end of World War II, negotiations are under way to rebuild a track from Thailand to the country now known as Myanmar, as […]
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