News
In response to pollution complaints, a coal plant in Indonesia offered soap and mops
Village leaders in Sumberejo, East Java, once had plans to entice travelers to their coastal town. Tourist facilities were planned for Ndaki Beach where the waves of the Indian Ocean crash upon this Indonesian island. Nearby Bawur Beach was also seen as having tourism potential. ...
Yangon govt ups transport spending for new buses
The Yangon Regional government will revise its budget for the fiscal year in order to purchase 1000 new vehicles for the city’s new public bus system, region minister for finance and planning U Myint Thaung told The Myanmar Times. The city-wide Yangon Bus Service, which started ...
Defence expenditure ranks third in 2017-18 Union budget proposal
The National League for Democracy-led government’s first crack at formulating an annual Union budget has proposed only a modest increase in defence spending, with the lion’s share earmarked for the Ministry of Planning and Finance. Submitted to parliament yesterday, the K20.896 trillion budget for the ...
Factory owners say fake ‘squatters’ extorting them
The issue of illegal tenants and land compensation remains a major challenge for the Yangon Region government, and, in the absence of solutions, the matter has taken a new turn with factory owners now accusing farmers of trespassing and extortion. U Aye Thaung, chair of the ...
Economy expected to average 7.1 percent growth over next three years
Myanmar’s economy is expected to grow by an average of 7.1 percent per year in the next three years, amid easing inflation and a rise in investments in infrastructure and sectors such as light manufacturing and hospitality, the World Bank said in a report on ...
An economic success story: How Vietnam became Southeast Asia’s top performer
Vietnam’s remarkable economic progress looks set to continue in the coming years, despite a regional slowdown which has affected other states in Southeast Asia. Its increasingly diversified and resilient economy has grown at a healthy rate – of above 6 percent – in each of the last ...
Thap Lan: Thailand's unsung forest gemk under threat, but still abrim with life
On the trail of a conservation group conducting a wildlife monitoring survey, we stop the 4×4 on the road and walk along the red earth to check on camera traps. Wildlife rangers from Thailand’s Department of National Parks, Wildlife and Plant Conservation and international conservationists ...
Deforestation-free commodities represent a major investment opportunity: report
It’s estimated that about 10 percent of global emissions comes from deforestation — meaning we could make considerable progress toward halting climate change simply by keeping what remains of the world’s forests standing. Agricultural commodities — especially beef, palm oil, soy, and pulp and paper ...
Consultation on investment rules highlights land issues
A public consultation on the regulations that will accompany Myanmar’s new investment law threw the spotlight onto the country’s complicated land legislation once again. But although they acknowledge the barriers that land rules present to potential investors, officials in charge of the investment law regulations ...
Pacitan villagers say coal plant reduced livelihoods, brought little new employment
The waves of the Indian Ocean crash against the breakwater at Bawur Bay, a protective arm shielding the Pacitan coal-fired power plant. A few meters away, a barge full of coal is berthed. Its cargo is unloaded onto a conveyor belt and transported about 500 ...
