A new oil refinery zone is to be built in Magwe Division, a regional government minister announced this week.
Despite the slump in energy prices, oil and gas fields in Burma will soon be the busiest in Asia as investors begin to ratchet up their explorations.
Burmese soldiers have reopened ports on the Moei River opposite to Thailand’s Tak Province to trade.
The Karen Border Guard Force (BGF) has closed 23 border ports along the Moei River in retaliation for curbs on oil transportation by Thai authorities.
In business this week: A Japanese loan for ICT; Indonesia explores Burmese tin; Rangoon to get its own Hooters bar
One hundred and thirty firms from 22 different countries will exhibit a range of services and products at Burma’s inaugural oil and gas trade fair, which is to be held…