Clik here to view.
US Urges Burma to end North Korea Military Ties
WASHINGTON — Pockets within the Burma military may still be cooperating with North Korea although the new civilian government and the military leadership oppose such ties, a senior US official said...
View ArticleClik here to view.
Developers push back on YESC power play
Dozens of construction firms sent a joint letter to the Yangon Region government challenging an August directive from the Yangon Electricity Supply Corporation to install transformers on new buildings...
View ArticleClik here to view.
Yoma to Distribute JCB Construction and Heavy Equipment in Myanmar
Singapore-based Yoma Strategic Holdings Ltd’s full subsidiary, Convenience Prosperity Company Limited, has been appointed by J C Bamford Excavators Limited (JCB) as the exclusive distributor for the...
View ArticleClik here to view.
Silicon Valley school comes to Yangon
Budding entrepreneurs dreaming about quitting day jobs to found successful start-ups will soon have access to a Silicon Valley-designed training school that aims to help them do just that....
View ArticleClik here to view.
Sakura garment factory strike ends with negotiations
The strike at Sakura garment factory is finally over, two months after it began. The truce required the intervention of lawmakers to negotiate a reduction of daily production targets. “Now, we have...
View ArticleClik here to view.
Mon call on state govt to cancel power plant project
Mon State residents presented complaints against a coal-fired power plant project that is slated for construction near Inndin village, Ye Township, to the Mon State government on September 26. “We...
View ArticleClik here to view.
Value of trade through Muse border trade camp on the decline
The value of trade through the Muse border trade camp was on the decline as of the end of September, it is learnt from the statistics of Trade Department. The value of trade via Muse as of 23rd...
View ArticleClik here to view.
Fish and prawn breeders required to adopt new breeding methods to enhance sector
Businessmen who are engaged in fish and prawn farming should adopt new techniques to enhance the sector, said U Win Kyaing, the general secretary of the Myanmar Fish Federation (MFF). MFF and...
View ArticleClik here to view.
Prices of jade and jewelry set to sell at Myanmar gems and jewelry emporium
The floor prices of gems and jewelry are already set for competitive bidding and open tender system at Myanmar’s gems and jewelry emporium which is slated to kick off from 20th to 29th November at...
View ArticleClik here to view.
Emerging markets telecom news and analysis – Developing Telecoms
Myanmar-based broadband provider Burst Networks has ordered a multi-million dollar data centre from Flexenclosure. The Danish infrastructure specialist is delivering its eCentre solution, a customised...
View ArticleClik here to view.
Foreign banks finish licence legwork
BRIEF: E.SUN Commercial Bank and State Bank of India – the last of the foreign lenders that won approval to open branches in Myanmar earlier this year – have finished the entry process and begin this...
View ArticleClik here to view.
Two-Thirds of Disabled Children Not Enrolled in Formal Education
RANGOON — A joint report published by the United Nations International Children’s Emergency Fund (Unicef) has stated that Burma’s national education law needs to be amended, as two-thirds of the...
View ArticleClik here to view.
Drones must steer clear of Shwedagon
Shwedagon Pagoda is now a no drone zone. Unmanned aerial vehicles (UAVs) are not welcome to fly over the famed pagoda or its grounds without prior permission, the pagoda trustee committee announced at...
View ArticleClik here to view.
Southeast Asia’s First ‘Book Plaza’ to Open in Rangoon Early Next Year
RANGOON — A complex of businesses and event spaces aimed at book lovers, which developer U San Mon Aung has called Southeast Asia’s first “book plaza,” is set to open in downtown Rangoon’s Chinatown...
View ArticleClik here to view.
SBI becomes first domestic bank to open branch in Yangon
Mumbai: The State Bank of India today announced its entry into Myanmar by opening a branch in the capital city of Yangon, becoming the first domestic lender to do so. The Yangon branch is the 54th...
View ArticleClik here to view.
China-led AIIB approves $320 mln in loans to Pakistan, Myanmar power projects
The China-led Asian Infrastructure Investment Bank (AIIB) approved loans totalling $320 million to energy projects aiming to ease severe power shortages in Myanmar and Pakistan, the bank said on...
View ArticleClik here to view.
Upper House approves investment bill
The Upper House has approved the draft Myanmar Investment Bill from the Lower House. The bill states that foreign investors can hire land or buildings for 50 years. With the permission of the Myanmar...
View ArticleClik here to view.
Myanmar’s KBZ Bank picks S’pore as launch pad to region
One of Myanmar’s biggest privately owned banks aims to use Singapore’s prime location as a launch pad to expand its commercial presence in the region. U Nyo Myint, senior managing director of Kanbawza...
View ArticleClik here to view.
Myanmar scraps law used to silence dissent
YANGON: Myanmar on Tuesday (Oct 4) scrapped a law used by the former military government to silence political activists, which threatened jail for anyone who endangered public morality or execution...
View ArticleClik here to view.
First South Korean Lender Starts Myanmar Ops
Shinhan Bank, South Korea’s fourth-largest bank by assets, has set up a branch in Myanmar as part of its diversification strategy. The bank said it won final approval to start operations in Yangon...
View Article