Myanmar Junta Rolls Back NLD Reforms, Revives Previous Regime’s Plans
When Myanmar’s military chief Senior General Min Aung Hlaing seized power in a coup on Feb. 1, it not only stalled the country’s democratization, but marked a U-turn to the time of U Thein Sein’s quasi-civilian government.
Rising Prices Forcing Myanmar Truckers to Stop Operations
Rising fuel prices and other costs in Myanmar are forcing freight firms to suspend operations, according to industry insiders.
Myanmar’s biggest cities hit by brief power outages
YANGON, Sept 24 (AFP): A power blackout briefly hit Myanmar’s main urban centres and far-flung towns on Friday, including commercial hub Yangon and parts of the capital Naypyidaw, authorities and AFP correspondents said.
Electricity Bill Boycott Denies Myanmar Military US $1 Billion in Power Revenues Since Coup
Myanmar’s junta has lost some 2 trillion kyats (U.S. $1 billion) in revenue from its military-operated power company since seizing power seven months ago amid a widespread public boycott of the paying of electricity bills, according to the country’s shadow National Unity Government (NUG).
Myanmar’s lights go out as bill boycott fuels cash crunch
BANGKOK/YANGON — Myanmar’s electricity supplies have been threatened by collapsing revenues since the Feb. 1 military takeover, with urban areas suffering frequent power failures and prolonged blackouts amid a widespread boycott of electricity bill payments.
Myanmar Junta Invites Bids for New Solar Power Projects
The military regime is seeking tenders to implement 12 solar power projects to raise foreign currency, with some 40 firms including Thai and Chinese companies planning to make bids.
How a South Korean Gas Project Got Caught up in the Myanmar Coup
Prior to the Tatmadaw’s illegitimate takeover of the elected government on February 1, 2021, South Korea and Myanmar had seen growing connections in various civil and governmental sectors, ranging from infrastructure to cultural exchange. One notable area of cooperation has been the Shwe Natural Gas Project, a large-scale natural gas extraction project in the Bay […]
Myanmar military’s solar push unlikely to attract foreign investments: Fitch
DESPITE attempts from Myanmar’s military to rejuvenate foreign direct investments (FDI), a report from Fitch Solutions said these will likely hit roadblocks due to sanctions on military-linked businesses and political instability.
