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Myanmar’s Tourism Destination Dreams Fade Amid Empty Hotels

With its sweeping view of the Shwedagon Pagoda, a glittering golden stupa and Myanmar’s top cultural attraction, the Esperado Lake View Hotel should be in an enviable spot. Yet, just two years after...

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Local airlines squeezed by expensive petrol and taxation

In Myanmar, there are 10 domestic airlines and 58 planes in total which are serving local and international passengers. Compared with the rest of ASEAN, flights are rather costly, according to local...

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MOGE Tender for 24 inch Yadana Offshore Domestic Gas Pipeline (13/2017)...

Open tenders are invited for service of the following operations in United States Dollars. Sr.No Tender No Description Remark (1) OS-001(17-18) 24″ Yadana Offshore Domestic Gas Pipeline (Side Scan...

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UNDP Request for Proposal -Provision of Training of Trainers, Myanmar...

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MOC unveils new agricultural export reform plan

The Myanmar government outlined an agricultural trade plan to improve the nation’s struggling export trade sector, according to an article in yesterday’s edition of Myanma Alin Daily newspaper. The...

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Fuel pump prices decline upon news foreign investment in this sector

On the news of the entrance of more international players in the fuel retail market, Myanmar’s pump prices declined in early July, according to a report in Myawady Daily newspaper, yesterday. Octane...

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Yangon Furniture Store Promotes Local Craftsmanship

There is no material preference at Sirboni Furnishings. As the company’s co-founder Ko Lin Tin Htun Ni puts it, “We use metal, bamboo, wood or rattan, based on design requirements and always...

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Why the visit of Myanmar’s military chief is important to New Delhi

The commander-in-chief of Myanmar defence forces, senior general Min Aung Hlaing, is currently on an eight-day tour of India. He is visiting numerous cities such as Gaya, Varanasi, Ahmedabad and...

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Garment manufacturing: How to navigate Myanmar’s ethical maze

As it undergoes profound and rapid change, Myanmar is today emerging as one of Asia’s most sought-after hubs for fashion sourcing. The country’s opening-up to the global economy has come after decades...

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MOSB – the first foreign company to build an oil and gas supply base

MOSB Limited (MOSB), has received approval from the Myanmar Investment Commission (MIC) on 11July, 2017 to build and operate a supply base in Mon State, with the endorsement from the Ministry of...

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Myanmar workers in Thailand victims of a broken system

MYAWADDY, Myanmar: With only meagre belongings stuffed into backpacks and duffel bags, tens of thousands of Myanmar migrants have streamed home across the Thai border over the past two weeks. But it...

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FDA Crackdown on Formalin-Laced Food in Yangon

During a surprise check, officials from the Food and Drug Administration discovered several shops in Yangon selling food that contained illegal chemicals. According to the department, a variety of...

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NLD’s Civil Service Reforms Aim to Fight Corruption

YANGON — The National League for Democracy government’s civil service reform strategic action plan (2017-2020) puts a strong focus on tackling corruption and working toward decentralization, while...

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$3bn Coal-Fired Power Plant Planned for Electricity-Starved Myanmar

Myanmar, a country deeply troubled by poor energy planning and a subsequently underdeveloped electricity system, is planning a $3bn coal-fired power plant, despite protests against the facility. Aung...

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Sri Lanka Signs Rice Deal with Myanmar

Myanmar plans to export 0.2 million tonnes of parboiled rice and 0.3 million tonnes of white rice to Sri Lanka under a memorandum of understanding this year, according to Myanmar Rice Federation...

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Thirty development projects in pipeline in Mandalay through fiscal 2020-21

The regional Minister for Planning and Finance, U Myat Thu told the second session of the regional Hluttaw that the development projects will be implemented in two ways; some will be carried out with...

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Why India Isn’t Really ‘Acting East’ in Myanmar

As an ascendant economic and political power, India has long been eager to assert its influence on the global stage, particularly in neighboring Southeast Asia. India’s intentions for foreign...

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Foreign firms have invested over $1bn in Thilawa SEZ

Foreign businesses invested more than US$1.075 billion in the Thilawa Special Economic Zone between November 2014 and June 2017, with over $773 million, or 71 per cent, in industrial the industrial...

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Singapore to invest $316m in housing

The Myanmar Investment Commission (MIC) has allowed two Singapore companies to invest over US$316 million in two Yangon housing projects, according to the Directorate of Investment and Companies...

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Myanmar is key pillar in India’s ‘Act East’ policy: PM Narendra Modi

NEW DELHI: Prime Minister Narendra Modi today described Myanmar as a “key pillar” of India’s ‘Act East’ policy and expressed his firm commitment to strengthen the bilateral relationship in all areas....

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