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Myanmar greenlights LNG-power plant plans

Myanmar will need 6,000 MW of energy to function efficiently by 2020-2021, says Ministry of Electricity and Energy. YANGON, Myanmar Myanmar’s government has given the go-ahead on Wednesday to French energy giant Total and other companies to build proposed power plants as the country faces insufficiencies in electricity. As the economy expands since the once-isolated … Continue reading

Myanmar to introduce online trading system on Yangon Stock Exchange

YANGON, Jan. 3 (Xinhua) — Myanmar will soon introduce online trading system on Yangon Stock Exchange (YSX) this month, the official Global New Light of Myanmar reported Wednesday. The project aims to attract more investors in the country’s stock market as well as to promote stock trading value. At present, four listed companies — First … Continue reading

Myanmar approves local telecom company to trade on Yangon Stock Exchange

YANGON, Dec. 13 (Xinhua) — Myanmar’s Yangon Stock Exchange (YSX) has approved TMH Telecom Public Co.,Ltd as the fifth listed company to trade on the exchange after scrutiny and deliberate listing examination in accordance with law , according to a press release for TMH Listing and IPO Road Show-2017 on Wednesday. Established in 2006, the … Continue reading

MPT to offer free Wi-Fi services starting 2018

State-owned telecommunication operator Myanmar Posts and Telecommunication (MPT) are arranging to give free Wi-Fi services in public areas starting in 2018, a senior company official said Thursday. U Thein Hoke, deputy chief commercial officer of the MPT-KSGM joint operation’s commercial department, said they aim to give free Wi-Fi services in public parks and pagodas, with … Continue reading

Myanmar: Sunlabob Renewable Energy commissions 92.6 kWp rooftop solar

Myanmar has installed its second-ever grid-connected solar PV system on the rooftop of a garment factory. Sunlabob Renewable Energy, a Lao venture-backed company that provides sustainable renewable solutions to underserved regions for electricity, has completed and commissioned a 92.6 kWp solar installation on the rooftop of Anita Asia, an Austrian garment factory. A total of … Continue reading

Mitsubishi Chemical to market drinking water systems in Myanmar

YANGON — Japan’s Mitsubishi Chemical Holdings will begin selling a river water treatment system to the private and public sectors in Myanmar, where economic growth is expected to drive demand for safe drinking water. Tokyo-based Wellthy, a Mitsubishi Chemical’s unit in the water treatment business, will establish a joint venture with its local partner Myanmar … Continue reading

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