Mawlamyine plant may not have proper power plant permission

August 25, 2017 by

Myanmar: A controversial 0.5Mt/yr cement plant in Mon State’s Kyaikmayaw Township has apparently not sought permission from the Ministry of Electricity and Energy in order to generate power, according to the ministry itself. This has rekindled demands from local residents that the plant cease production. The US$400m plant, run by Mawlamyine Cement Limited (MCL), is […]

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US terminated remaining sanctions against Myanmar on 7 Oct 2016

October 8, 2016 by

On 7th October 2016 – President Obama signed the Executive Order to terminate the remaining economic and financial sanctions against Myanmar that make it very difficult for US banks, financial institutions and companies to do business with Myanmar. That means the following group of people and entities have been removed from the US Sanction List […]

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Complete List of 204 entities and individuals removed from the US Sanction List for Burma

October 8, 2016 by

The following deletions have been made to OFAC’s SDN List for Burma as of 7/10/2016:   STATE PEACE AND DEVELOPMENT COUNCIL OF BURMA [BURMA].   SHWE, Than; DOB 02 Feb 1935; alt. DOB 02 Feb 1933; nationality Burma; citizen Burma; Senior General, Minister of Defense and Commander-in-Chief of Defense Services; Chairman, State Peace and Development […]

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YCDC members accept termination

May 20, 2016 by

In a sudden reversal less than 24 hours after staging a power grab, Yangon City Development Committee members have agreed to step down. City Hall has been thrown into turmoil since Mayor U Maung Maung Soe announced revisions to the by-laws governing the committee, effectively truncating the terms of currently serving members. The mayor’s amendment […]

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