Seven new power plants that are expected to generate more than 1,000 megawatts of additional electricity are being built in Magwe, Shwetaung, Kyunchaung, Ahlone, Kyaukphyu, Thanlyin, and Thaketa, with the aim of fulfilling the projected increase in demand nationwide for electricity during the hot season. Of the projects, five are being implemented under a tender […]

Investors have channeled some US$120 billion and K60 billion into the Myanmar insurance sector since its liberalisation last year, according to the Myanmar Investment Commission (MIC). In 2019, the Ministry of Planning, Finance, and Industry granted permission to five wholly foreign life insurance companies and six joint venture life insurance and non-life insurance companies to […]