Myanmar News
Thai oil giant PTT to take on Starbucks with $1.3bn investment plan PTT prepares for retail spinoff with coffee chain expansion 28 November 2018 Thailand’s biggest oil company, PTT, is planning a $1.3 billion investment over five years to build its coffee shop franchise into a global brand rivaling U.S. giant Starbucks, as it prepares […]
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Yangon-Mandalay railway upgrade breaks ground 22 November 2018 Work on the first phase of the Yangon-Mandalay Railway Improvement Project has begun, the Ministry of Transportation and Communications announced. The ground-breaking ceremony for the project was held at the Nyaunglebin Railway Station in Bago Region on November 11. The funding for the upgrading of the railway […]
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Society of Professional Engineers in Thailand (SPET) Monthly Members Meeting – 15 November 2018 SPET Monthly Members Meeting on 15 November 2018 – Talk on “Duty of Care in Unforgiving Locations” By Dr Asadang Dusadiisariyavong and Robert Tyler The ILO estimates that some 2.3 million women and men around the world succumb to work-related accidents […]
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Mottama completes structure of Myanmar’s first high-rise steel building 30 October 2018 Mottama Holdings said on Tuesday it has completed the structure of Myanmar’s first high-rise steel building, a US$80 million office tower in Yangon called M Tower that the company is building through a joint venture with a Hong Kong investor. The 26-storey project […]
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Myanmar Government readies additional supply of electricity to meet demand 22 Oct 2018 Power lines seen along Bogyoke Road in downtown Yangon Arrangements have been made to prepare sufficient electricity to meet rising demand next year, according to the Ministry of Electricity and Energy (MOEE). The rate of increase in electricity consumption typically rises by […]
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Myanmar’s gas production dilemma 18 October 2018 As the scramble for more power sources intensifies, focus has centered on tapping Myanmar’s gas fields to meet demand. But can the country afford its own gas? Myanmar is under pressure to double its power production capacity to 6000 megawatts (MW) within the next two years, in order […]
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More mixed-use projects springing up in Yangon 12 October 2018 Over the last few years, more and more building projects featuring a combination of residential units, hotels, shopping centres and office spaces have been coming up around the city. The projects, called mixed-use developments, will add to the vibrancy of the city although there are […]
Continue ReadingSembcorp starts commercial operation of 225-MW Myanmar power plant 10 October 2018 SEMBCORP Industries on Wednesday announced that its 225-megawatt gas-fired Sembcorp Myingyan Independent Power Plant (IPP) in Mandalay, Myanmar, has successfully commenced full commercial operation following its first phase operation in May this year. The approximately US$300 million power plant uses advanced combined-cycle gas […]
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Yangon’s Iconic Shwedagon Pagoda gets facelift 2 October 2018 Shwedagon Pagoda has endured the vagaries of nature and people, towering stoically over Yangon with its quiet, majestic charm despite earthquakes, cyclones, invasions, wars, foreign occupations and internal strife that struck the country since it was built hundreds of years ago. Located on Singuttara Hill, which […]
Continue ReadingKorea’s Kumho E&G to build energy self-sufficient town in Laos 18 September 2018 Kumho E&G Co., a South Korean energy management solution provider, will lead a development aid project to create an energy self-sufficient town in Laos as it tries to recover from a dam disaster that has devastated the country. The Korean company said […]
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