Myanmar News
In a few months, impoverished Myanmar plans to start pumping roughly $45 million worth of oil and gas a day from the Bay of Bengal to China by pipeline. The vital fuel for China’s growing economy will bypass the Malacca Straits and U.S. ally Singapore. It will mostly also bypass Myanmar. Though rich in natural […]
Continue ReadingEnergy Minister Pongsak Ruktapongpisal has given the Electricity Generating Authority of Thailand (Egat) the green light to proceed with a plan to build coal-powered plants in Myanmar and Cambodia – providing Thailand with 10,000 megawatts of electricity. Egat has also been instructed to negotiate the purchase of nuclear power from China in order to bring […]
Continue ReadingGEP wants partners for its 210-MW Myanmar solar plant Green Earth Power (Thailand) or GEP is seeking partners for joint development of its 210-megawatt solar power plant in Myanmar, the third largest of its kind in the world and costing nearly 9 billion baht. The company also plans to mobilise funds from the Stock Exchange […]
Continue ReadingAn elegant cemetery in strife-torn southeast Myanmar has long stood as a lonely testament to the fate of thousands of prisoners of war who died building Japan’s “Death Railway”. As the fast-changing nation now opens to the world, a reformist regime is considering rebuilding a stretch of the notorious World War II track to attract […]
Continue ReadingAn elegant cemetery in strife-torn southeast Myanmar has long stood as a lonely testament to the fate of thousands of prisoners of war who died building Japan’s “Death Railway”. As the fast-changing nation now opens to the world, a reformist regime is considering rebuilding a stretch of the notorious World War II track to attract […]
Continue ReadingThe budget for the construction of the project was set at US$8 billion. But two years have been passed and the project has used only US$52 million, the source said. The project, implemented by Italian-Thai Development (IDP) has been importing construction tools and machinery since January 2011. Although the company has spent on tools and […]
Continue ReadingThe budget for the construction of the project was set at US$8 billion. But two years have been passed and the project has used only US$52 million, the source said. The project, implemented by Italian-Thai Development (IDP) has been importing construction tools and machinery since January 2011. Although the company has spent on tools and […]
Continue ReadingThe government is determined to go ahead with the construction of the Pak Bara seaport, in Satun Province of Thailand, despite criticism by environmentalists and local fishermen. Marine Department Director-general Sorasak Sansombat said that the government will press ahead with the Pak Bara seaport project, which has been delayed for over a decade. The Transport Ministry […]
Continue ReadingNew strategy agreed on by Thai and Myanmar governments secures the future of industrial and logistics megaproject, with contractor ITD still playing a leading role After two years struggling to get the Dawei deep-sea port and industrial site in Myanmar off the ground, Italian-Thai Development Plc (ITD) has faced up to the reality that it […]
Continue ReadingBurasari Group, the operator of Burasari hotels and resorts, is looking for business opportunities in Asia to build up its hotel chain and increase its international profile. It is interested in Sri Lanka and Asean countries, including Myanmar. However, its expansion plan will go step by step to secure its investment. In Asean, the investment climate […]
Continue Reading