NAYPYITAW—The government cannot control the fuel oil price, which is determined by market forces and the law of supply and demand, Ministry of Electricity and Energy managing director U Thant Sin said. At a press conference on Thursday, the managing director said fuel oil prices were unlikely to come down any time soon due to […]

Sembcorp Industries’ US$300 million gas-fired power plant in Myingyan, Mandalay commenced full commercial operations on Wednesday following its first phase of operations in May. The 225-megawatt Sembcorp Myingyan Independent Power Plant (IPP) is one of the largest power plants of its kind in the country and also among the most efficient, Dennis Foo, managing director […]

SEMBCORP Industries on Wednesday announced that its 225-megawatt gas-fired Sembcorp Myingyan Independent Power Plant (IPP) in Mandalay, Myanmar, has successfully commenced full commercial operation following its first phase operation in May this year. The approximately US$300 million power plant uses advanced combined-cycle gas turbine technology that maximises power output while minimising emissions. With the successful completion, the facility will generate […]

Chinese tourists account for more visitors to Thailand — and much of Southeast Asia — than from any other country.   The Thai village of Sob Ruak, at the heart of the Golden Triangle region where Thailand, Laos and Myanmar meet, is no exception. Tour buses routinely disgorge thousands of Chinese tourists to buy trinkets, […]

The government is working to deal with rising fuel oil prices as it increased transportation costs and has an impact on commodity prices, said Zaw Htay, Spokesperson of Myanmar President’s Office, at a press conference held in the President House in Nay Pyi Taw on October 5. “Transportation costs have increased by 10 per cent […]