Burma’s Neighbors Knocking at the Business Door

Published on Jun 27 2012 // article, Featured Analysis, Slide Show
Burma’s Neighbors Knocking at the Business Door
Indian Prime Minister Manmohan Singh, left, meets Burmese President Thein Sein in Naypyidaw during a state visit in late May that focused heavily on trade and investment. (Photo: The Irrawaddy) While many companies in Western countries continue to ponder the potential problems of investing in a country...

Tax and Ownership Incentives Seek to Lure Wary Foreign Investors

Published on Jun 26 2012 // article, Featured Analysis
By WILLIAM BOOT / THE IRRAWADDY| Foreign investors are to be lured with a five-year tax holiday and be permitted 100 percent ownership of firms registered in Burma. Foreign businesses will also be allowed for the first time to lease privately owned land. The incentives are part of the government’s...

Myanmar’s real power struggle? Keeping the lights on

Published on Jun 26 2012 // article, Featured Analysis
YANGON AND KAREN STATE, MYANMAR — Forget the abusive generals and the freedom fighters. Myanmar’s new power struggle pits the frustrated masses against their nation’s lousy electrical grid. Myanmar’s government is attempting a light-speed transition from paranoid dictatorship to free-market...

Burma’s Looming Oil/ Gas Auction Could Pit Energy Giants Against Suu Kyi

Published on Jun 22 2012 // News Update, Related News, Slide Show
Burma’s Looming Oil/ Gas Auction Could Pit Energy Giants Against Suu Kyi
by-Simon-Roughneen/The Irrawaddy A boy exercises on a beach outside Pyar Pon Township as ships involved in the construction of a Yadana underwater gas pipeline project are moored in the background, May 2010. (PHOTO: Reuters) RANGOON—With Western sanctions suspended or removed in response to recent...

With Pipelines at Stake, Companies Try PR Approach

Published on Jun 22 2012 // article, Featured Analysis, Slide Show
With Pipelines at Stake, Companies Try PR Approach
 by- MAY LAY / THE IRRAWADDY Map showing the route to be followed by the China-Burma oil and gas pipelines. (Photo: Shwe Gas Movement) KYAUKPYU, Arakan State — Located on the coast of Arakan State in western Burma, Kyaukpyu is fast becoming a major gateway for the country’s offshore resources. And...

Foreign oil companies ink exploration deals

Published on Jun 21 2012 // News Update, Related News, Slide Show
Foreign oil companies ink exploration deals
A view of oil wells in Burma's village of Chauk, home to one of the longest producing oil fields in the world on 1 April 2012. (Reuters) Burma has signed a raft of oil exploration deals with foreign companies, state media reported on Wednesday, as the reformist government seeks overseas investment...

Myanmar Inks Oil Deals With Foreign Firms

Published on Jun 21 2012 // News Update, Related News, Slide Show
Myanmar Inks Oil Deals With Foreign Firms
Myanmar has signed a raft of oil exploration deals with foreign companies, state media reported Wednesday, as the reformist government seeks overseas investment to spur economic development. State-owned Myanma Oil and Gas Enterprise has inked nine agreements since early March to allow firms from Asia...

Myanmar to offer up to 18 oil blocks in next tender

Published on Jun 21 2012 // News Update, Related News, Slide Show
Myanmar to offer up to 18 oil blocks in next tender
YANGON, June 20 | Wed Jun 20, 2012 6:25pm IST A map showing oil and gas blocks in Burma. (Source: Burma's Ministry of Energy)   (Reuters) – Myanmar will offer up to 18 onshore oil and gas blocks in a global tender to be launched later this year, opening up a potential flood of new investment...

ONGC, CNPC sign agreement to jointly explore oil and gas

Published on Jun 20 2012 // News Update, Related News
ONGC, CNPC sign agreement to jointly explore oil and gas
Oil And Natural Gas Corporation Ltd. BSE                                                         NSE 272.10                                               271.70                                                    ...

Farmers complain over gas pipeline

Published on Jun 19 2012 // News Update, Related News, Slide Show
Farmers complain over gas pipeline
Daw Hla Aye (front) from Si Maw village in Kyaukpyu township, Rakhine State, next to a natural gas pipeline that bisects her farmland. Pic: Juliet Shwe Gaung FARMERS in Rakhine State’s Kyaukpyu township who own land near a China-backed natural gas pipeline say the construction of the project has damaged...