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Displaced Squatters Allege Fraud by Village Committee
YANGON – A group of displaced squatters in Yangon’s Hlegu Township have opened a fraud case against a 27-member Aung Yadana village development committee that sold them land already owned by the...
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Yangon river cruise ships flounder after losing bid for jetty
Yangon cruise liner, the RV King Whale has ceased operations after failing to obtain a separate jetty for its cruise ship as well as increasing expenditure and a dearth of passengers. “All we wanted...
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Myanmar telecom competition heats up with 4G push
MYANMAR’S three telecommunications operators, buoyed by the burgeoning ranks of smartphone users, have intensified their efforts to provide 4G/Long-Term Evolution (LTE) services with the sales hook of...
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Thanakha Cultivators Facing Difficulty Due to Low Demand
Thanakha cultivators from Ayadaw Township, Mandalay Region, are facing difficulty because of low demand and scarcity of the skilled labours, said U Kyaw Moe, chairman of Ayadaw Township Thanakha...
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Coal-Powered Cement Plant Starts Production Despite Local Opposition
MOULMEIN, Mon State — A 5000-ton cement factory has started commercial operations in Kyaikmayaw Township, Mon State, despite opposition from locals over the coal-fired plant that will fuel it. Mon...
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Inter-Related Challenges for SMEs and Financial Sector
When developing a country’s economy, the success of small and medium-sized enterprises (SMEs) is a vital part and should be a priority for any administration which is keen to maintain prosperity. In...
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China First in Overall Foreign Investment List
China ranked first on the list of foreign investment countries with overall investments of US$18billion in 183 projects permitted as of end of May, according to the statistics of the Directorate of...
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Small-scale fishermen demand fish farms
Fishery workers in Pathein Township, Ayeyawady Region, have called on June 20 for an auction of fish farms whose values are under Ks 4 million (US$2,900), reports say. About 1,000 protesters demanded...
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Rice exports to China via Mandalay cease after frozen bank accounts
Since the bank accounts of some Myanmar rice merchants in China were frozen, monetary flow has become stagnant, and rice exported from Mandalay to China has stopped, according to local merchants....
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Myanmar adopts new first-grade curriculum with help from Japan
YANGON – In its first major educational reform in almost 20 years, Myanmar has introduced a new curriculum for first-grade students developed with Japanese assistance. With the support of the Japan...
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Myanmar operator rolls out 4G/LTE service
YANGON – Myanmar’s state-owned telecommunications operator MPT, collaborating with Japan’s KDDI Corp and Sumitomo Corp, announced Monday the launch of ultrafast 4G/LTE mobile data service. The...
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Thai Investors Urged to Expand in Neighbouring Countries
Labour-intensive industries, agricultural processing, electricity, garments, hospitality, retail, and spa are potential sectors where Thai investors can expand their investments in CLMV (Cambodia,...
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Thailand Plans to Sign Electricity Accord With Laos and Malaysia
THAILAND is preparing to sign a tripartite electricity-trading agreement with two neighbouring countries at the upcoming Asean Ministers of Energy Meeting. Energy Ministry permanent secretary Areepong...
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Myanmar Opening Airwaves to More Voices with New Channels
YANGON — Myanmar is bringing the tide of democratization to its airwaves, adding new free-to-air channels and opening the country to more news and entertainment choices. Starting as early as next...
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Sustainable Yangon Relies on Waterfront and Railway
Yangon has a framework to become a sustainable city, with three key areas which need to be prioritised for development in order to develop the city’s sustainability, said Robert Marshall, director of...
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Korea-Backed Industrial Zone to Locate in Northern Yangon
South Korea and Myanmar have reached an agreement to establish an industrial zone in northern Yangon, and constructions will begin in early 2018, Daw Moe Thida, assistant director of the Department of...
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Transparency, Ongoing Disclosure Crucial for Stakeholder and Investor Confidence
Transparency and disclosure practices are crucial for businesses seeking to build trust with stakeholders, attract investors and ensure accurate media reporting, experts in a corporate governance...
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Ministry, UMFCCI Join Calls for Import Substitution as Import Rises
The import volume has increased by US$600 million, compared to the same period from the previous fiscal year, according to 2017-18 trade statistics up till May from the Ministry of Commerce (MOC)....
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Centralising Taxi Operations to Ease Congestion
The Yangon Region government would be implementing a new scheme under which taxis would be managed by taxi service operators, said Daw Nilar Kyaw, regional minister of electricity, industry and...
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Collier Property Market Report – Ngapali Beach Hotel & Resort 22nd June 2017
Stronger investment interest surfaces in Ngapali The increasing global awareness along with the rising confidence in domestic tourism is now driving Ngapali’s (Thandwe township) hotel market to new...
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