Wa tin likely ends up in an array of products made by US and other international companies, says a new Reuters report.
The US government has decided to maintain most economic restrictions on Burma in an effort to punish those Washington sees as hampering the country’s newly elected government.
Thein Sein discusses development with Japanese PM Abe; Burma, WHO partner in Measles-Rubella vaccination campaign; TEEMA to invest $456 million in southern Burma; Japan to lend $285 million for development projects
General Electric International Inc (GE) has signed a memorandum of understanding with the Myanmar Electric Power Enterprise under the Ministry of Electric Power, on the improvement of gas power plants. Currently the Burmese ministry operates 18 GE built power plants, 7 Hitachi plants and 2 Mitsubishi plants.
BUSINESS in BURMA THIS WEEK: China aims to legalise Burmese rice imports; Muse SEZ to be completed by 2017; Malaysian firm to supply Komatsu dozers in Hpakant; Telenor promises roll-out in September.
South Korean electrical firm LSIS, part of the LS Group conglomerate, has signed a contract to supply high voltage distribution panel boards to Burma’s Asia General Electric (AGE) over the next five years, the Korea Times reported on Friday. Under the agreement, LSIS will also provide more than 3,000 vacuum circuit breakers (VCBs), the report …