Households in Myanmar exempt from first 150 units of electricity in May

Households will be exempted from paying for the first 150 units of electricity consumed for the month of May, according to Ministry of Electricity and Energy. This government incentive started in April where households were exempted from paying for the first 150 units of electricity as a form of relief from the economic fallout from […]

First airport in Chin State to open in May

Chin State is set to be more accessible to travellers and investors this year, when the region’s first airport opens for business. Surbung Airport in Falam township, Chin State, will open in late May, according to state media, barring unforeseen weather conditions. The move is expected to boost tourism in Myanmar’s most underdeveloped state. The […]

Rolling blackout to continue until end of May: minister

The frequent power outages happening across Myanmar currently are due to electricity load reduction and the Ministry of Electricity and Energy says this will continue until the end of May. All parts of Myanmar, including Yangon Regions which utilises up 50 percent of all electricity produced in the country, will experience the outages. The rolling […]

This Is the World’s Tiniest Stock Exchange

Not many people, inside or outside the country formerly known as Burma. Now a year old, the Yangon Stock Exchange is home to just four companies. None of them has raised new capital, and trading is dominated by small investors, many of whom buy stock for less than 20,000 kyat, or $15. On a recent […]