This event will serve to explore the recent reforms in Myanmar, more specifically to the government's development of industrial and special economic zones. Featuring a range of equipment, tools, technologies and solutions, the event will also feature 'Tools & Hardware Myanmar 2015'. This is where providers of niche low-end tools & hardware can reach out to their target users. The event will…
Rising incomes, an expanding economy and changing consumer patterns are attracting a growing number of international brands to Myanmar. By fuelling competition amongst existing players, their presence is expected to trigger an improvement in the range and quality of products and services on offer. International attention has been driven by bullish retail growth, which has expanded by an average rate…
Topics covered at Power SEA 2015: S.E. Asia Electric Power Outlook. Challenges and Opportunities. Experiences Sharing from Leading Utilities. Developing Sustainable Power Supply. Latest tech updates – Technological Advancement in T&D, Smart Grid, ICT & Data Management and Project Showcase, etc. The event will also have panel discussions on ‘Tackle and Balance the Demand…
A planned expansion in Myanmar’s business capital, Yangon, will nearly double the city’s residential capacity, helping to support its property market. In June city officials unveiled an MMK8.2trn ($7bn) plan to build seven new urban centres around the city by 2040 in collaboration with the Japan International Cooperation Agency, following on initial proposals in 2013. The new developments, which…
SEAOS Myanmar 2015 is a timely event when production sharing contracts will be just signed and future development plans will be discussed. Attending this event will be featured speakers and VIP guests invited from the government, NOCs & IOCs, as well as winners of the previous offshore bidding round. SEAOS Myanmar 2015 not only focuses on the macro view of the offshore upstream industry but also…
These people will provide an update on the present status of the Myanmar’s power sector and to give new direction for business and investment in the Myanmar’s green and renewable energy industry. The 2-Day Summit will cover the following areas: Myanmar power outlook and development plan Transmission plan and distribution plan Hydropower as a long-term renewable energy security Investment…
Recent attempts by the Central Bank of Myanmar (CBM) to reduce the use of dollars triggered an unexpected backlash in the form of dollar hoarding and black market trading, providing a timely reminder that managing the currency demands of a newly-opened economy is something of a learning curve. Dollars have been in short supply in recent months in Myanmar as imports have been rising faster than exports,…
The mining industry in Myanmar could see a rise in investment from 2016 if the government can overcome roadblocks to pass new legislation, delays to which have slowed the pace of development in the sector. Until now, foreign investment in mining has been minimal. In the 2014/15 fiscal year to end-March, inflows stood at just $6.26m, with only one company making an investment. By comparison $3.22bn…
ENIis now among the largest operators in an emerging Myanmar after signing new production sharing contracts. RelianceSigns PSC for offshore blocks In Myanmar. Chevroninks Myanmar offshore exploration PSC with MOGE. Woodsideinks PSC offshore Myanmar. Shelland its partner Mitsui Oil Exploration Co. signed three exploration and PSCs with MOGE to operate three offshore…
Investment in telecoms has surged in Myanmar in the past year as operators begin to tap a rapidly expanding market, driving growth in the economy. Since the opening up of the mobile segment last year, there has been a boom in phone ownership and subscriptions in Myanmar. Currently there are more than 18m SIM cards in circulation − corresponding to about one-third of the population − up from just…
