The governments of Thailand and Myanmar are set to restart the development of the Dawei deep-sea port and special economic zone, after both countries set up a joint coordinating committee to work out investment details of the project. In 2008, both countries signed a memorandum of understanding to develop a massive land area of 200 […]
Myanmar opens Thilawa SEZ to foreign insurers
March 31, 2017 by
Myanmar is opening up its Thilawa special economic zone near Yangon to international insurance companies — part of a market liberalization effort expected to gain momentum this year. The government does not allow foreign insurers to offer their services outside of Thilawa — a Myanmar-Japanese joint venture and the country’s only operational SEZ. Only three […]
Law needed to regulate Thai investors’ abuses abroad: Thai, Myanmar groups
March 3, 2017 by
Some 27 Thai non-government groups and the Dawei Development Association (DDA), a communal rights group in Myanmar, issued statements yesterday urging the Thai and Myanmar governments, plus Thai companies to follow the United Nations Guiding Principles on Business and Human Rights and international rights treaties. The groups said rising investment by Thai companies in neighbouring […]
MPPE joins with Puma Energy to distribute jet fuel
May 26, 2016 by
The Myanma Petroleum Products Enterprise (MPPE) under the Ministry of Electric Power and Energy is planning to cooperate with National Energy Puma Aviation Services to distribute jet fuel at 11 airports, said MPPE director general Thant Zin. The ministry signed a joint-venture agreement with Puma Energy in October 2015 to form National Energy Puma Aviation […]
Ministry of Electric Power and Energy to open petrol stations
May 25, 2016 by
The Ministry of Electric Power and Energy is planning to cooperate with a foreign company to sell and distribute petrol and diesel fuel to government ministries and will open petrol filling stations to compete with the private sector, said Thant Zin, director general of the Myanma Petroleum Products Enterprise. The joint-venture process will be finalised […]
Govt Defends Plan to Ramp-Up Reliance on Coal
June 1, 2015 by
RANGOON — The government intends to push ahead with plans to increase Burma’s reliance on coal-fired power plants to 33 percent of the country’s total generating capacity by 2030, according to a deputy minister from the Ministry of Electric Power. Aung Than Oo, the deputy minister, said on Wednesday that due to projected steady growth […]
