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Construction of a multi-billion-dollar oil refinery in the south of Dawei has been cancelled after an investor in the project ran into financial constraints, sources confirmed. → Read More
THE country may soon face a land conflict epidemic as a result of the growing influx of investments and the subsequent demand for land, unless the laws and policies that adequately address land-rights issues are urgently adopted and implemented, warned the Paris-headquartered International Federation for Human Rights (FIDH) in a report released on September 27. → Read More
THE country may soon face a land conflict epidemic as a result of the growing influx of investments and the subsequent demand for land, unless the laws and policies that adequately address land-rights issues are urgently adopted and implemented, warned the Paris-headquartered International Federation for Human Rights (FIDH) in a report released on September 27. → Read More
THE head of Arakan National Party defended China’s majority stake in Kyaukphyu SEZ and advised against placing too much emphasis on the stake ratio. Meanwhile, a member of the Myanmar consortium said Myanmar will now own 30 percent of the project. → Read More
The lack of transparency and accountability together with the issues of corruption, an overwhelming wood demand and land rights are still posing challenges for the timber industry’s Voluntary Partnership Agreement in forest governance, said U Kyaw Zwar, director of the Forest Department. He made the remarks during a workshop on July 25. → Read More
The state-owned Myanma Timber Enterprise (MTE) will undertake extraction activities with the support from service providers, according to an official from the organisation. → Read More
The government is currently streamlining its policy for the power sector to ensure the country’s energy security and coal can be one of the options, according to Daw Mi Mi Khaing, director general of Department of Electric Power Planning under the Ministry of Electricity and Energy. → Read More
Restaurants which have failed to include commercial tax stamps might have their licenses seized, according to discussions among lawmakers at the Yangon regional parliament session on April 24. → Read More
The Asian financial crisis in 1997 plunged many ASEAN countries into recession. The crisis dragged down the Indonesian rupiah, the Thai baht, the Malaysian ringgit and other currencies. → Read More
International Finance Corporation (IFC), a member of the World Bank Group, and the Securities and Exchange Commission of Myanmar (SECM) signed a memorandum of understanding (MoU) in March to strengthen corporate governance regulatory standards and practices in Myanmar. → Read More
For more than a decade, U Saw Dar Shwe has been fighting a battle against a Thai tin mining company which he says has irreparably destroyed his land. → Read More
Grand Andaman Islands Company has taken over the right to harvest birds’ nests on four groups of islands in Tanintharyi Region that were put out to tender, after the Union of Myanmar Economic Holdings failed to make a cash payment for one of the bids. → Read More
A Local company says it will pursue plans to build a 50-megawatt coal-fired power plant in Tanintharyi Region once it has secured permission from Myanmar Investment Commission (MIC), despite continuing opposition from the community. → Read More
Thai traders have started asking Myanmar’s fishermen to provide catch certificates as the European Union tightens oversight of Thailand’s troubled fishing industry. → Read More
Thailand's tourism minister has made her first trip to Myeik archipelago to assess the opportunities for investment along the untouched coastline of Tanintharyi Region. → Read More
A Civil society group has published a comprehensive report on mistakes made by the developers of a highly ambitious project in Dawei in the hope the new government will address their concerns before allowing the project to continue. → Read More
Express ferry services between two major towns in Tanintharyi Region have been forced to close as the region’s road network improves, rendering the service unnecessary, according to local operators. → Read More
Myanma Agricultural Development Bank will be unable to survive long in Tanintharyi Region if it continues to offer seasonal loans to farmers at heavily subsidised rates, a spokesperson said. → Read More
The price of property in Dawei has risen beyond the reach of local residents as investors from overseas and Upper Myanmar buy up land in anticipation of a new special economic zone. → Read More
Restaurant owners and residents whose homes and businesses were destroyed by a fire are being left in the lurch as powerful connections appear to have created a zone of impunity around the incident. → Read More