Where Will Myanmar’s Energy Come From?

Myanmar’s high growth in electricity demand — rising by around 13 percent annually — is a challenge for the government. Demand is estimated to reach 4,500 MW by 2020 and 13,410 MW in 2030. Currently there is no plan to meet this high demand. High-level policy shifts and unclear policies within the cabinet and ministries […]

New bank offers long-term low-interest loans for housing purchases

The Construction and Housing Development Bank (CHD) is considering a plan to provide long-term, low-interest loans to people who want to buy homes. The bank was launched in January with an initial capital of Ks 100 billion (US$100 million) and operates under the supervision of the Ministry of Construction. The bank was licensed by the […]