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Myanmar struggles to supply power to its largest economic hub

13 Sept 08:11 Key points summarised by AI

Myanmar's economic hub, Yangon, is experiencing severe and worsening power outages, with blackouts intensifying since early 2023 and affecting both scheduled and suburban areas with irregular cuts.
The Yangon Electricity Supply Corporation (YESC) attributes the crisis to critical infrastructure failures, including gas pipeline leaks and damaged power grid towers, leading to a significant reduction in natural gas supply for electricity generation.
Daily life, businesses, and public transportation are severely disrupted; the YESC's attempt to buy back surplus power from residents, particularly solar users, has been widely criticized for its low rates and impracticality.

Yesterday 15:20 Key points summarised by AI

Thailand's Prime Minister Anutin Charnvirakul initiated a nationwide crackdown on illegal Thai nominee shareholders in foreign-run businesses and land holdings to safeguard national interests.
The government will integrate efforts across all relevant agencies to target illicit foreign operations, forced sales of illegally acquired property, and high-risk land ownership schemes.
Key strategies include auditing suspect land and building holdings, establishing a long-term monitoring system, and cross-referencing data from various authorities to trace ultimate beneficial owners.
Prime Minister Anutin emphasized that no influential figures or corrupt officials are above the law, promising straightforward prosecution, asset seizures, and protection for enforcing officers.
Beyond land ownership, the integrated crackdown will also extend to tackle transnational crimes, including drug and human trafficking.