The new Tanintharyi Region chief minister has vowed to address power shortages and land disputes in the region. As he took the oath of office as the region’s new chief minister on Monday, U Myint Maung promised “to return to local farmers the farmland that private companies have left idle, for the development of the […]
New city development needed to draw foreign investments: Chief Minister
September 5, 2018 by
Yangon must be developed further to free up space for new industrial zones and residences, which, in turn, will draw more foreign investors to the city, said U Phyo Min Thein, the region’s chief minister, during an August 24 press conference detailing his government’s plans for the coming quarters. The chief minister this year announced […]
Electricity issues to threaten big industry
February 24, 2014 by
With another summer approaching, Yangon industrial estates are again facing the prospect of massive power outages that owners expect will cost industrialists hundreds of thousands of dollars in profit, while hurting the commercial capital’s efforts to bolster an investor-friendly reputation. In the summer months of March to May 2013, factories had as little as three […]
Thai private sector should invest in rice business in Myanmar
June 14, 2013 by
Thailand’s Kasikorn Research Center (KRC) said the Thai private sector should invest in rice businesses in Myanmar after the country has sped up intensive rice production both in terms of quantity and quality. Myanmar has conducted research and development on rice breeds, agricultural technology and irrigation systems, prompting the country to have continued growth of […]
