Myanmar: Time for a Sovereign Rating

“After two years of strong economic growth and macroeconomic stability, Myanmar faced a more difficult economic environment in 2015-2016. Economic growth declined, but remained strong, at 7 percent during the period, compared with 8.5 percent in 2014-2015” that was according to the World Bank’s May 2016 edition of the Myanmar Economic Monitor published as a […]

India took 180-degree turn in Myanmar policy: Shashi Tharoor

New Delhi: India took a “180-degree turn” in its approach towards Myanmar from being pro-democracy and anti-junta when Jaswant Singh was External Affairs Minister as it could not afford to surrender its influence on the country to China and Pakistan, former Union Minister Shashi Tharoor today said. He said that successive governments too followed the […]

Why Sembcorp Industries Limited’s Latest Small Agreement in Myanmar May Be a Big Deal

Earlier today, Sembcorp Industries Limited (SGX: U96) announced that it has secured a long-term power purchase agreement (PPA) with Myanma Electric Power Enterprise (MEPE) to supply 225 megawatts of power for 22 years. The power will be supplied by a 225-megawatt gas-fired power plant that Sembcorp Industries is planning to build in the Myingyan district […]