Myanmar News
THE Burmese city of Dawei lies 350 kilometres (220 miles) west of the Thai capital, Bangkok. The two are separated by a stretch of mountainous jungle and have never been connected. But over the past five years, Thailand’s biggest construction company, ItalianThai, has cut a swathe through the jungle which, once paved, will cost roughly […]
Continue ReadingSean Danley has spent the past six months scouting office space in Yangon after being sent to establish the Myanmar branch of his US-based employer. He looked in the city’s three sole 1990s-era towers, where annual rents have climbed to more than US$100 (3,100 baht) a square foot, compared with less than $75 in downtown […]
Continue ReadingSean Danley has spent the past six months scouting office space in Yangon after being sent to establish the Myanmar branch of his US-based employer. He looked in the city’s three sole 1990s-era towers, where annual rents have climbed to more than US$100 (3,100 baht) a square foot, compared with less than $75 in downtown […]
Continue ReadingThe Myanmar electric power authorities have signed a memorandum of understanding (MoU) with two foreign companies, GMS Power Publish Co Ltd and Global Power Synergy Co Ltd of Thailand. The MoU aims at conducting feasibility study for establishment of combined cycle power plant project in Ayeyawady and Yangon Regions, official media reported Saturday. The cycle […]
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Yangon, Myanmar. 5 July, 2013. After only months since opening an office in Yangon, Archetype Group is proud to announce that it has signed the contract for project management services on a building that will become the tallest building in Myanmar, Diamond Inya Palace. This contract was awarded following a successful Design Review done several […]
Continue ReadingThailand has agreed to provide energy assistance for Myanmar in its preparations for the 27th SEA Games in Yangon. Two power plants will be constructed in Myanmar with support from Thailand. According to Energy Minister Pongsak Raktapongpaisarn, Myanmar has abundant natural resources such as coal and natural gas but lacks technological expertise and proficient human […]
Continue ReadingB Grimm Trading Corporation aims to grow its sales of engineering products from Europe, the US and other parts of the world by 75 per cent to Bt1.4 billion this year while joining with Carrier Thailand to venture into emerging markets such as Myanmar. B Grimm Trading, an affiliate of B Grimm, serves as an […]
Continue ReadingThe governor of the Electricity Generating Authority of Thailand yesterday said he hoped plans for the Dawei power-generation plant, which had been submitted to the Myanmar government, would be approved in time for construction of the 1,800-megawatt coal-fired facility to commence by year-end. Sutat Patmasiriwat said the Thai government had submitted the plans for the […]
Continue ReadingMajor trading house Marubeni Corp. announced June 14 that it will work with a Thai company to develop new independent power producer (IPP) projects in Thailand and neighboring countries such as Laos, Myanmar and Cambodia. Marubeni executed a memorandum of understanding on June 13 with Global Power Synergy Co., a subsidiary of PTT Public Co., […]
Continue ReadingIn a few months, impoverished Myanmar plans to start pumping roughly $45 million worth of oil and gas a day from the Bay of Bengal to China by pipeline. The vital fuel for China’s growing economy will bypass the Malacca Straits and U.S. ally Singapore. It will mostly also bypass Myanmar. Though rich in natural […]
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