Economy and industry

Fibre, yarn exports surge over last 7 months

Over 341,000 tonnes of fibre and yarn were shipped abroad for $933.4 million in the first half of this year alone, up 18.5 per cent in volume and 29.47 per cent in value, according to the General Department of Customs. Keep reading ...

Gas discovered at Block A-6 offshore well in Southern Rakhine

Gas has been discovered at a deep water exploration well in Block A-6 of the Southern Rakhine Basin in the Bay of Bengal, according to government officials and statements made by operators of the block. Gas was tested to be flowing at 50 million cubic ...

Three MOI-owned factories in Yangon to cooperate with private sector

Three factories under the Ministry of Industry (MOI) in the Yangon Region will cooperate with local and international private investors after inviting Expressions of Interest (EOI), Assistant Secretary U Aung Soe Ya of the MOI told The Myanmar Times.Read  more ...

Trà Vinh gives licence for wind power project

Trà Vinh Province’s Management Board of Economic Zones on Tuesday granted an investment registration certificate to two investors to develop the first phase of the Duyên Hải Wind Power Project.Keep reading ...

MOU on Kyauk Phyu SEZ likely in August

An MOU between China and Myanmar relating to a national-level framework for the Kyauk Phyu Special Economic Zone (SEZ) is likely to be signed by August, a spokesperson of Kyauk Phyu SEZ Management Committee told The Myanmar Times during an exclusive interview on August 4.Read ...

OK for coal trans-shipment port

Deputy Prime Minister Trịnh Đình Dũng has approved the proposal to build a coal shipment port in the southern region.Keep reading ...

Illegal waste pollutes Mỹ Khê Beach

A section of Mỹ Khê Beach in the central city of Đà Nẵng, considered one of the most beautiful stretches of coastline in Việt Nam, has been heavily polluted by untreated waste water illegally discharged from a construction project.Keep reading ...

China may sell electricity to Myanmar amid warming ties

Energy-hungry Myanmar is in initial talks to buy electricity from China, according to officials and documents reviewed by Reuters, in the latest sign of warming ties with Beijing under leader Aung San Suu Kyi. Since taking office in April last year, Ms Suu Kyi has sought ...

Traded hydropower firms see better results in 2017

High rainfall volume and domestic demand have raised hydropower plant earnings in the first six months of 2017 and promised to lift their performances in the remaining half, according to Việt Dragon Securities Corp (VDSC). Two of the nine hydropower plant operators trading on the ...

Plain of Jars ready for submission for UNESCO certification next year

L aos will make a submission to UNESCO to include the Plain of Jars in Xieng Khuang province on the world heritage list early next year after the government approves related documents by the end of this year. The government has prepared all the documents ...

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