YANGON—The Union Parliament approved on Thursday a €35.7-million (US$40 million or 60-billion kyats) loan from Agence Française de Développement (or the French Development Agency) to be used for major upgrades to five hydropower plants in four regions as Myanmar experiences country-wide waves of regular power cuts. Of the 606 lawmakers in attendance, 546 voted in […]
CNG refuelling station to open on Yangon’s outskirts
May 27, 2015 by
Vehicles forbidden to enter Yangon will now be able to refuel on the outskirts, the energy ministry has decided. In a May 22 statement, the ministry announced plans to open a filling station about 35 kilometres (21 miles) north of the city at Htaukkyant for vehicles fuelled by natural gas. More than 1 million cubic […]
Local consortium to claim Myanmar’s fourth telco licence
May 25, 2015 by
Yatanarpon Teleport (YTP) is working with a management committee to form a consortium of local partners, which will bid jointly for Myanmar’s coveted fourth telecommunications operator licence, according to YTP chief executive officer U Shane Thu Aung. After years in which the telecommunications sector was dominated by state-owned monopoly Myanma Posts and Telecommunications (MPT), in […]
Mobile boom in Myanmar
May 20, 2015 by
The most popular brand in Yangon is iPhone, but Chinese brands are seeing their popularity rise The quest for the best mobile phones is endless in Myanmar as consumers are now offered the vast selection of products to choose from as well as better mobile phone services. In the country where the gross domestic product […]
