The Ministry of Electricity and Energy has issued a notice to proceed to the developers of the 60-megawatt Deedoke hydropower project in Mandalay Region. Ministry officials signed the notice with the developers – Andritz of Austria, Kansai of Japan and High Tech Construction Trust, which is a subsidiary of Myanmar’s Shwe Taung Group – at […]
Waiting for Godot: farmers seek return of seized land
August 23, 2018 by
Farmers in Myanmar are still waiting for justice as many of their lands were confiscated by government officials, military personnel, authorities and their cronies for various reasons, a new report from New York-based Human Rights Watch (HRW) revealed. The NGO launched the report “Nothing for Our Land: Impacts of Land Confiscation on Farmers in Myanmar” […]
Making Myanmar an energy powerhouse
October 27, 2017 by
Myanmar’s national electrification process is still on hold one year after the new administration took office. The replacement of the Minister of Energy in early August showed the priority given to energy, but the government still has much to do. Myanmar will have to decide on how to solve its chronic power shortage. There are […]
Gold Traders Mull Over Plans to Set up Gold Exchange
August 31, 2017 by
The gold industry and the government agreed, in principle, to establish a gold exchange under then-president U Thein Sein’s tenure. Over the last year, the National League for Democracy-led government and industry associations have been seeking to set up an exchange market where gold and metal could be freely traded in one place. In the […]
New mega-complex project approved near Yangon’s Shwedagon Pagoda
July 22, 2017 by
A Japan-led consortium has officially obtained permission to build a large-scale mixed-development project at the intersection of Shwedagon Pagoda Road and U Wisara Road in Yangon. Development of the US$332.5 million project will begin this year on the former site of the military museum across 16,000 sq m of land. It will comprise a high-grade […]
Adviser: Actually, the Government Has Made Significant Strides on the Economy
April 17, 2017 by
Government economic adviser Sean Turnell has hit back against a barrage of recent criticism over the performance of the National League for Democracy (NLD)-led administration during its first year of office. The government’s achievements on the economy were “considerable” and “too often overlooked” the adviser said. Daw Aung San Suu Kyi’s government has been bruised […]
Employment rises throughout U Thein Sein administration
April 6, 2016 by
The five-year term in office of President U Thein Sein saw an increase in foreign investment into Myanmar, with a 67.85 per cent increase in employment opportunities, according to a statement released by the Myanmar Investment Commission on 30 March. During the 2011-12 fiscal year, there was an increase of 6,804 employees working for foreign […]
Guest registration changes tipped to win NLD ‘goodwill’
March 25, 2016 by
“Midnight inspections” – raids on the homes of suspected dissidents and opponents of the former regime – could be a thing of the past. But observers have warned that the proposal by the National League for Democracy to scrap this practice would leave many other repressive laws in place. On March 21, the NLD proposed abolishing the […]
