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Myanmar powers up
Asia focus, Larry Jagan, Published on 11/12/2017
» The government of Myanmar has made energising the power sector an urgent priority, aiming to provide electricity to the whole country by 2030 at the latest. While hydroelectric dams will provide most power needs, new gas-powered plants and liquefied natural gas (LNG) will increase the supply in the medium term. International finance and expertise are being sought, with abundant business opportunities for foreign firms.
ECB rate cut a tonic for emerging market stocks
Business, Published on 08/09/2014
» Recap: Asian shares were buoyed last week by speculation about asset reallocation to emerging markets after the European Central Bank (ECB) cut its policy rate to stave off deflation risk.