Myanmar News
DESPITE the sluggish economic growth in Thailand, General Electric says it continues to be upbeat about its business prospects in the Kingdom. Kovit Kantapasara, president and chief executive of GE Thailand, Laos and Myanmar, said the company expected its sales in Thailand and Myanmar to expand by 40-50 per cent this year compared with 2014. […]
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COLUMBUS, Ohio, Sept. 21, 2015 /PRNewswire/ — With tourism contributing 9% to the country’s GDP and welcoming its 18 millionth international visitor as of August 2015, Thailand is undeniably one of the most coveted destinations in the world, considered a universal market with no high or low seasons. So when deciding to meet continuing demand […]
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Thai Transport Minister Arkhom Termpittayapaisith, right, shakes hands with Myanmar Construction Minister U Kyaw Lwin in the signing ceremony in Naypyidaw on Thursday. (Transport Ministry photo) Transport Minister Arkhom Termpittayapaisith signed an official agreement on Thursday for the construction of a second Thai-Myanmar bridge across the Moei River from Mae Sot district of Tak province. […]
Continue ReadingMyanma Electric Power Enterprise (MEPE) has issued more tenders for independent power producers to build gas-fired power plants in Yangon and Myingyan, according to an official. Local and international companies have been invited to apply to generate electricity by gas engine or gas turbine, which will then be bought by state-owned MEPE. Both projects are […]
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Workers are seen on a scaffolding at a building construction site in Yangon. SET-listed contractor Christiani & Nielsen (Thai) is expanding in neighbouring Myanmar with the opening of a new subsidiary this month. AFP SET-listed contractor Christiani & Nielsen (Thai) Plc (CNT) will open a subsidiary called CN Myanmar Co in the neighbouring country this […]
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Ceremonies Sunday broke ground on the 640 million baht second Thai-Myanmar Friendship Bridge, linking Mae Sot and Myawaddy, and scheduled to be completed in 2017. Deputy Prime Minister Somkid Jatusripitak and Myanmar Vice President U Nyan Tun said the bridge will begin a new era of bilateral ties. (Post Today photo) A groundbreaking ceremony was […]
Continue ReadingMAE SOT – A groundbreaking ceremony was held on Sunday for the second Thai-Myanmar Friendship Bridge that will play a key role in the East-West Economic Corridor traversing continental Southeast Asia. The ceremony for the bridge linking the Myanmar border town of Myawaddy and the Thai town of Mae Sot was attended by government leaders […]
Continue ReadingIn its push for coal-fired mega-projects, the government risks turning its back on sufficiency-economy thinking and the need for ‘clean’ energy We are in the countdown to the United Nations Climate Change Conference, to be held in Paris from November 30 to December 11. This is the 21st session of the Conference of the Parties […]
Continue ReadingNewly-appointed Transport Minister Arkhom Termpittayapaisith has vowed to kick-start the construction of 17 megaprojects valued at 1.6 trillion baht before the end of next year as part of a plan to stimulate the economy. He was speaking after delivering his policy address to ministry agencies on Wednesday. The ministry will speed up the bidding process for the projects and bring forward […]
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Mega Home Center Co, operator of the home and construction materials chain, expects the market to slow down as seasonal negative factors such as rain and floods have hurt the construction sector, especially in rural areas. Chief operating officer Supornsri Naktanasukan said sales and construction normally decreased during the rainy season, However, this year the sector […]
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