The biggest gas-fired power plant, with a capacity of 225 megawatts, will start operations in December this year in the Taungtha and Myingyan district in Mandalay Region, a senior official from the Ministry of Electricity and Energy (MOEE), told The Myanmar Times. The project, which is estimated to involve US$300 million (K410.18 billion) investment, is led by the Singapore-based Sembcorp, […]
Read MoreLand plots in zone B of the Thilawa Special Economic Zone (SEZ) will be put on lease shortly because of high demand from investors, despite the issue of power outages in the area, according to Takashi Yanai, president of Myanmar-Japan Thilawa Development Limited (MJTD). Mr Yanai said 95 percent of the land plots have been […]
Read MoreTEMPO.CO, Jakarta – The Central Statistics Agency (BPS) today announced that the inflation rate in May 2017 stood at 0.39 percent with the Consumer Price Index (IHK) stood at 128.83.BPS head Suhariyanto explained that as many as 70 cities experienced inflation, while 12 others had deflation. “Prices are increasing, and the inflation rate in May […]
Read MoreThe Ministries of Foreign Affairs of Laos and Vietnam have vowed to enhance their coordination mechanisms in order to increase the effectiveness of cooperation. The vow was made at a meeting between high level officials from the two ministries in Vientiane yesterday, with Lao Deputy Minister of Foreign Affairs Ms Khamphao Eunthavanh and her Vietnamese […]
Read MoreThailand’s food exports are expected to fare better than earlier projected, fuelled by the world’s economic recovery, abundant raw materials and more value-added food items. Speaking at Thaifex-World of Food Asia 2017, one of the largest regional food and beverage trade fairs which is being held until June 4, Deputy Prime Minister Somkid Jatusripitak said […]
Read MoreThailand can deploy monetary and fiscal steps to cushion the effects of low inflation and slow economic growth as the country’s recovery remains modest and there are downside risks, the International Monetary Fund (IMF) said on Thursday. The recovery is expected to advance at a moderate pace in the near to medium term amid risks […]
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