More than 250 filling stations were allowed within ten months in 2019, bringing Myanmar’s total count to 2,462 filling stations across the country, according to figures from the Ministry of Electricity and Energy. There are 94 filling stations in Nay Pyi Taw, 186 filling stations in Yangon Region, 647 filling stations in Mandalay Region, 214 […]
Myanmar has 2,642 Filling Stations Across the Country
FDI has risen under the NLD: U Set Aung
Foreign direct investments (FDI) have increased under the NLD government, said U Set Aung, deputy minister for planning and finance. “The total approved FDI during the two years from April 2016 to the end of March 2018 under the current government is 16 percent of the total FDI approved during the entire period from 1988 […]
Kayin residents want monitoring of cement factories’ operations
Residents living near two cement factories in Hpa-an Township in Kayin State have called on the government to ensure transparency in the operation of the plants in order to protect their health amid reports they are already using coal for power. Some 2955 residents near the factory in Myaingkalay Village, said they are worried about […]
Myanmar developer Dagon adds more agribusiness to its diet
YANGON — Dagon International will develop an industrial park here dedicated to food processing, the Myanmar conglomerate’s leaders told Nikkei on Thursday, tapping agribusiness in an effort to diversify beyond the core real estate segment. “In Myanmar, food factories are located in so many places lacking in internationally acceptable hygiene standards,” Chairman Win Aung said […]
Myanmar travellers blaze trails to new destinations for international tourists
As leisure travel picks up among Myanmar’s citizens, domestic tourism is surging and helping to plant the country’s emerging destinations on the international travel map. Domestic travel is on the rise, hitting an all-time high of more than 10 million people in 2017, according to Myanmar Tourism Marketing chairperson, May Myat Mon Win. The WTTC […]
Myanmar likely to open more sectors to FDI
A SURGE in interest among global players following the liberalisation of Myanmar’s education sector to foreign investors has motivated the authorities to continue opening up the economy in other restricted sectors. Thant Sin Lwin, deputy director general at the Directorate of Investment and Company Administration (DICA), said at a press conference on Tuesday that Myanmar […]
Kayin State opens tender for Hpa-an mall
The Kayin State government is calling tenders for building the first shopping mall in the state capital of Hpa-an, a senior planning official said. U Than Naing, minister of the municipality as well as of the planning and finance departments of the state government, said the project was planned to be built within a two-and-a-half-year […]
JICA to fund new projects to replace old suspension bridges
The Japan International Cooperation Agency (JICA) will fund the construction of new bridges to replace ageing suspension bridges in some areas of the country, an official of the Japanese aid agency said. Among the new bridges that JICA will fund include the one that will replace the Gyaing suspension bridge in Kawkareik township of Kayin […]
Are municipalities Myanmar’s champions of reform?
2017 was a difficult year for Myanmar. The rocky peace process and crisis in Rakhine have complicated the government’s effort to put together a reform agenda following five decades of authoritarian rule. In such a challenging context, it is easy for bureaucratic inertia to set in and for people within government to become more risk […]
Myanmar’s not-so-underground casinos in line for legalization
MYAWADDY, Myanmar — Casinos are banned in Myanmar, but you would not know that by looking at the ones in the country’s border areas. In the eastern town of Myawaddy, across a river from Thailand, the gaming houses light up the night like their counterparts in Macau or Las Vegas, though they are smaller. Little […]