Showing 1 - 10 of 22
Impact of oil firms' exit from Myanmar limited
AFP and Online Reporters, Published on 22/01/2022
» The exit of the energy giants TotalEnergies and Chevron from Myanmar’s billion-dollar gas industry has been hailed by rights groups, but analysts say it will not significantly weaken the generals and may even enrich the military in the short term.
Myanmar junta backs Telenor unit sale after buyer M1 pairs with local firm
Reuters, Published on 21/01/2022
» BANGKOK: Lebanon's M1 Group will partner with a Myanmar firm to take over Norwegian telco Telenor's business in the Southeast Asian country after its military junta sought a local buyer, three sources familiar with the matter told Reuters.
Rights groups call on Total to suspend payments to Myanmar
Reuters, Published on 16/03/2021
» PARIS: Total faced calls from rights groups on Tuesday to suspend payments on operations in Myanmar following a coup, after the oil group said it was worried about the situation while also highlighting the importance of its business there.
Myanmar's military coup creates banking woes
AFP, Published on 24/02/2021
» YANGON: Early bird customers of a military-owned bank queued anxiously as dawn light crept over Rangoon, after a strict new limit on daily cash withdrawals fuelled rumours of a money shortage in post-coup Myanmar.
Seeds of resilience
Asia focus, Nareerat Wiriyapong, Published on 03/08/2020
» Khing Khing Soe has been growing rice, groundnuts, pigeon peas, sesame, chickpeas and onions for over two decades on her farm at Ba Lon village in Myingyan district of Myanmar. But in the past three years declining rainfall as a result of climate change has reduced her crop yields by about 30%.
Titans of Thai fishing collaborate to tackle slavery
Thomson Reuters Foundation, Published on 10/10/2019
» SAMUT SAKHON: Zin Mar was a housewife in the Myanmar city of Bago when she saw an advertisement for a job at Thai Union Group, a global seafood supplier and the world's biggest producer of packaged tuna.
Myanmar banks feel the heat
Asia focus, Larry Jagan, Published on 23/09/2019
» The fragile state of Myanmar's banking industry remains a problem for the government as it strives to liberalise the financial sector and create a genuine market-based economy. A mini-run on local banks earlier this month underscored how shaky public confidence is.
Paying for power stability
Asia focus, Larry Jagan, Published on 08/07/2019
» The government of Myanmar has substantially increased electricity prices with immediate effect as it seeks to reduce its deficit -- electricity subsidies alone cost US$500 million a year -- and finance new power projects to end chronic blackouts.
Yangon gets smarter
Asia focus, Larry Jagan, Published on 20/05/2019
» Yangon is introducing smart meters to control the electricity supply, monitor usage and bill customers in a single automated system. If a pilot project is successful, the potential for further development could be huge, says the entrepreneur spearheading the technology.
Relationship reset
Asia focus, Larry Jagan, Published on 13/05/2019
» Myanmar and China have a special relationship that was strengthened further by Aung San Suu Kyi's recent trip to Beijing. The frequency of her trips to China -- more than to any other country -- since she became State Counsellor underlines that relationship.