The Japanese-backed port at Thilawa SEZ. Japanese support for Myanmar development will continue under Prime Minister Shinzo Abe. The Myanmar Times The Japanese remain interested in expanding their presence in Myanmar despite lower investments in recent years compared to before and a refugee crisis unfolding in...
Read MoreA LOCAL non-governmental organisation has launched a business initiative to help disabled people be productive and earn income to support themselves. The Myanmar Independent Living Initiative (MILI) on October 21 inaugurated its Disability Inclusive Business Initiative (DIBI) to help find employment for disabled persons in the...
Read MoreConstruction works on a major road in Yangon. Such projects can face costly delays due to an inflexible budgeting process. The Myanmar Times While seen as positive, Nay Pyi Taw’s proposed change of fiscal year alone cannot address the lack of flexibility in the annual budgeting process,...
Read MoreYuan Shaobin, executive president of CITIC Myanmar, speaks to The Myanmar Times on October 12. Nyan Zay Htet/The Myanmar Times Kyaukphyu’s Chinese investors have hit back at criticisms over their majority stake in a proposed deep-sea port in Rakhine. They emphasised that it was the Myanmar...
Read MoreWorkers at a construction site in Yangon. Construction businesses in Japan are keen to invest in their counterparts in Myanmar. Photo: The Myanmar Times After investing heavily in Thailand, Indonesia and Vietnam, Japanese businesses are now keen to expand in Myanmar, said Mr Satoshi Yamamoto, chief...
Read MoreRussian President Vladimir Putin (right) shakes hands with President U Htin Kyaw (left) during their bilateral meeting on the sidelines of the ASEAN-Russia Commemorative Summit in Sochi, Russia, last year. Photo - EPA At a Russia-Myanmar Intergovernmental Commission on Trade and Economic Cooperation (RMIC) meeting in Moscow...
Read MoreThai business and investors expressed full confidence in Myanmar’s economic potential and future progress. At the recent Myanmar Insight 2017 held in Bangkok, senior Thai and Myanmar officials joined leading businessmen and investors to exchange views on prospects of investing in Myanmar. The seminar was organised by...
Read MoreA FOREIGN joint-venture firm will supply US$15 million for the distribution of transformers to the Ministry of Electricity and Energy (MOEE), according to an official statement from the company. Hitachi Soe Electric & Machinery announced on September 28 that they won the tender to supply and...
Read MoreYangon Region will implement a three-year project which will focus mainly on the improvement of industrial zones. Photo: Shutterstock THE development of Cocokyun township covering the islands in the northeastern Indian Ocean, as well as the flight and maritime access between the islands and the mainland,...
Read MoreThe Myotha Industrial Park. Photo: Than Naing Soe THE country may soon face a land conflict epidemic as a result of the growing influx of investments and the subsequent demand for land, unless the laws and policies that adequately address land-rights issues are urgently adopted and...
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