Myanmar: Yangon to develop river transport express system Tuesday, 26 July 2016 – The Yangon Region government is planning to build a river express system for passengers – part of fundamental transport reforms that government officials hope will bring a new wave of industrial goods and commuters onto the country’s waterways. Myanmar is unique in […]
Read MoreMyanmar: Rice price rises in Nay Pyi Taw Tuesday, 26 July 2016 – To the surprise of industry insiders, the price of rice in Nay Pyi Taw continues to rise. As of the last week of July, the price of one popular brand had reached almost K850,000 per 100 tins (each tin holds 9 gallons), […]
Read MoreMyanmar: Economic policy due soon: ministry Monday, 25 July 2016 – The Ministry of Planning and Finance is putting the finishing touches to its economic policy, which will be published “soon”, permanent secretary U Tun Tun Naing told The Myanmar Times. He said he has submitted a draft to planning and finance minister U Kyaw […]
Read MoreMyanmar: Myanmar consumers slow to adopt debit cards Friday, 22 July 2016 – Accustomed to cash, Myanmar’s small group of debit-card users is growing only slowly, according to bank officials, who say that bank cards are becoming more popular, but are mostly used to withdraw cash once a month, on payday. Kinks inherent in the […]
Read MoreLaos: China-Laos Relations Improve as Gezhouba Group Constructs Hydro Power Plant Wednesday, 10 August 2016 – The project is called Xelanong 2 and is foreseen to generate 35 megawatts of power, or 140,700 megawatts of electricity annually. The Chinese company is the one which built the giant Gezhouba Dam in the Yangtze River which produces 2,715 […]
Read MoreThailand: Thai firm to invest in Mawlamyine power plant Friday, 22 July 2016 – Thai firm Siamgas and Petrochemicals Public Company is investing almost US$50 million in a gas-fired power plant in Mawlamyine township, it said yesterday in a filing to the Stock Exchange of Thailand. The company has set up a wholly owned Singaporean […]
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