Myanmar News
Exorbitant property prices, highlighted as one of the biggest business barriers in Myanmar, are expected to be brought down to a level competitive with that of neighbouring countries by 2018. Moe Thida, deputy director of the Construction Ministry’s Urban and Housing Development Department, told the Myanmar Global Investment Forum last week that some measures have […]
Continue ReadingDESPITE the sluggish economic growth in Thailand, General Electric says it continues to be upbeat about its business prospects in the Kingdom. Kovit Kantapasara, president and chief executive of GE Thailand, Laos and Myanmar, said the company expected its sales in Thailand and Myanmar to expand by 40-50 per cent this year compared with 2014. […]
Continue Reading
COLUMBUS, Ohio, Sept. 21, 2015 /PRNewswire/ — With tourism contributing 9% to the country’s GDP and welcoming its 18 millionth international visitor as of August 2015, Thailand is undeniably one of the most coveted destinations in the world, considered a universal market with no high or low seasons. So when deciding to meet continuing demand […]
Continue Reading
Thai Transport Minister Arkhom Termpittayapaisith, right, shakes hands with Myanmar Construction Minister U Kyaw Lwin in the signing ceremony in Naypyidaw on Thursday. (Transport Ministry photo) Transport Minister Arkhom Termpittayapaisith signed an official agreement on Thursday for the construction of a second Thai-Myanmar bridge across the Moei River from Mae Sot district of Tak province. […]
Continue ReadingMyanma Electric Power Enterprise (MEPE) has issued more tenders for independent power producers to build gas-fired power plants in Yangon and Myingyan, according to an official. Local and international companies have been invited to apply to generate electricity by gas engine or gas turbine, which will then be bought by state-owned MEPE. Both projects are […]
Continue Reading
Workers are seen on a scaffolding at a building construction site in Yangon. SET-listed contractor Christiani & Nielsen (Thai) is expanding in neighbouring Myanmar with the opening of a new subsidiary this month. AFP SET-listed contractor Christiani & Nielsen (Thai) Plc (CNT) will open a subsidiary called CN Myanmar Co in the neighbouring country this […]
Continue Reading
Ceremonies Sunday broke ground on the 640 million baht second Thai-Myanmar Friendship Bridge, linking Mae Sot and Myawaddy, and scheduled to be completed in 2017. Deputy Prime Minister Somkid Jatusripitak and Myanmar Vice President U Nyan Tun said the bridge will begin a new era of bilateral ties. (Post Today photo) A groundbreaking ceremony was […]
Continue ReadingMAE SOT – A groundbreaking ceremony was held on Sunday for the second Thai-Myanmar Friendship Bridge that will play a key role in the East-West Economic Corridor traversing continental Southeast Asia. The ceremony for the bridge linking the Myanmar border town of Myawaddy and the Thai town of Mae Sot was attended by government leaders […]
Continue ReadingIn its push for coal-fired mega-projects, the government risks turning its back on sufficiency-economy thinking and the need for ‘clean’ energy We are in the countdown to the United Nations Climate Change Conference, to be held in Paris from November 30 to December 11. This is the 21st session of the Conference of the Parties […]
Continue ReadingNewly-appointed Transport Minister Arkhom Termpittayapaisith has vowed to kick-start the construction of 17 megaprojects valued at 1.6 trillion baht before the end of next year as part of a plan to stimulate the economy. He was speaking after delivering his policy address to ministry agencies on Wednesday. The ministry will speed up the bidding process for the projects and bring forward […]
Continue Reading