Myanmar’s energy sector struggles to fulfil promise – Consulus comments on NewsBase

Jun 28, 2017 | English, Media, Press

Between a slowing economy and increasing government bureaucracy, Myanmar’s energy sector has lost some of its shine in the years following the 2014 oil price crash.

CEO of Consulus, Lawrence Chong, told NBI that the Myanmar government’s hope that it would attract significantly more investment from Western companies as the country’s first freely elected government for 60 years has not materialised, forcing it to rethink its strategy.

“There is no point to open up more blocks due to the uncertainty and insufficient competition,” he added. Instead of waiting for greater Western investment Suu Kyi’s government appears to be wooing China once more, Chong said.

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Consulus Elects New Global Chairwoman: Sindavanh Manivong

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Consulus Global Network has elected Ms Sindavanh Manivong, the Country Director of Consulus Laos as its next Global Chairwoman for the 1-year term from 2023 – 2024. The Global Chairwoman shall serve as the global spokesperson, focus on the relational dynamics of the entire network, and convene the global leadership team. The Chairwoman shall serve her role in unity with Lawrence Chong, Group CEO of Consulus.

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