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Myanmar: Gas-fired plant in Mandalay to operate with BOT agreement

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, […]

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Myanmar: Thilawa SEZ zone B open to investors soon

Land 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 […]

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Indonesia-BPS : Inflation in May Stands at 0.39 Percent

TEMPO.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 […]

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