News
Myanmar told to exploit more solar, wind resources
Myanmar is moving to exploit solar and wind energy, but experts said such attempts must be stepped up to smoothen the country’s development. Soe Soe Ohn, director of the national electrification project at the Rural Development Department, said solar energy offered high potential particularly in rural ...
China promises to shore up border as foreign minister’s trip ends
Foreign Minister Daw Aung San Suu Kyi has ended her five-day trip to China, returning to Yangon on August 21st. The visit, which came after an invitation from China’s Premier Li Keqiang, was Daw Aung San Suu Kyi’s first major overseas trip since the National League ...
Korea-Myanmar venture to build 500-acre garment zone
Myanmar-based Olympus Asia Group and Korea’s Panko Corporation signed a memorandum of understanding on August 20 and are looking for land in Yangon, Bago or Ayeywarwady regions. Under the CMP model, a foreign buyer with financial backing and technical expertise will contract a garment factory, usually ...
Myanmar green energy sector faces hurdles
Myanmar’s goal of achieving a 100 per cent electrification rate by 2030, with 20 per cent of energy from renewable sources, is achievable but several hurdles need to be tackled first, energy experts have said. At the Myanmar Green Energy Summit 2016 last week, panellists agreed ...
Environmentalists’ objections convince Shan parliament to reconsider building site
The speaker of the Shan State legislature has pledged to reconsider the location for the construction of a new regional parliamentary building after environmental activists voiced objections to the proposed site in the state capital of Taunggyi. Those in opposition to the plan launched a signature ...
New commission to decide fate of Myitsone dam in Kachin State
President Htin Kyaw on Friday formed a new commission to evaluate all proposed hydropower projects on the Irrawaddy River prior to their going ahead. The commission is tasked with assessing the potential environmental and social effects of any proposed project—both up- and downstream—its possible impact on ...
Floods affect hundreds of thousands in Irrawaddy division
More than 350,000 people from some 700 villages have been affected by flooding in three of the Irrawaddy Division’s districts, said the divisional government. Floods hit Hinthada, Maubin, and Pathein districts in early August and have forced more than 38,000 people into relief camps. “Hinthada district was ...
Indian pills fuel drug boom in Myanmar
Five years ago, when cold pills first trickled across Myanmar’s untamed border with India, many local officials were baffled. Where was this medicine going, and why were smugglers so interested in it? Today, the cross-border trickle has become a torrent and everyone knows why the Indian-made ...
Myanmar begins repatriation of 2,000 migrants from Malaysia
Beginning this week, the Myanmar government will be beginning the process of taking home some 2,000 of its people who have been detained for months in Malaysia, Myanmar Times reported on August 10. “We have plans go through this repatriation process more than 10 times, chartering flights ...
World Bank loan will not be used for govt salary increases, says president’s office spokesperson
Government employees’ salaries will not increase despite plans to take out a loan worth US$100 million from the World Bank, aimed at covering a state deficit by separating salaries from the budget, according to government officials. Myanmar’s President Htin Kyaw sent a message on August 5 ...