The long-awaited dream of turning Yangon, Myanmar’s commercial hub, into a smart city may soon be realised with the support of Amata Corporation Pcl, Thailand’s largest industrial estate developer. VikromKromadit, chairman of Amata Corporation Pcl, said at a signing ceremony on Thursday (August 22) that the firm would bring advanced technology and quality investors to […]

The Myanmar junta is pressing ahead with a plan to reopen a disused oil refinery in Yangon’s Thanlyin Township, which a state-owned Indian company has expressed an interest in taking over.

The young woman in Myanmar decided to speak out when she realized that money from the company she loved was now in the hands of the military leaders she hated.

KUALA LUMPUR: Aneka Jaringan Holdings Bhd and Samaiden Group Bhd have entered into a joint-venture (JV) agreement to tap into Indonesia’s energy market. Samaiden said the JV would create new revenue streams for both companies via engineering, procurement, construction and commissioning of solar photovoltaic (PV) systems and power plants in Indonesia.

Japanese energy company Eneos is the latest player to pull out of Myanmar’s upstream oil and gas industry, announcing on Friday that it was exiting the producing Yetagun gas project in response to “social issues”, amid criticism that the project’s revenues are flowing to the nation’s military junta.

The government will generate a profit of around Ks 32 billion in 2019-2020 fiscal year as the electricity bill is increased, according to the Public Account Committee’s report. The Public Account Committee submitted its findings and remarks on the Union Budget Bill for 2019-2020 FY at the session of the Union Parliament on August 21. […]

This year has seen 56 global banks, insurers, pension funds and asset managers boost coal exit policies

Asean has made the unprecedented decision to exclude Myanmar’s junta chief Min Aung Hlaing from the grouping’s summits next week.

An agreement signed by Myanmar’s military regime and Russia’s state-owned nuclear energy corporation to jointly assess building a small reactor in the Southeast Asian country underscores the junta’s long-term pursuit of nuclear weapons, analysts said.

Australian oil and gas giant Woodside Energy is facing rising pressure to rule out working in Myanmar until democracy is restored following a military coup that seized power from Aung San Suu Kyi’s civilian government.