COVID-19 Taking Huge Toll on Myanmar Manufacturing, Service Sectors, World Bank Says

YANGON—The World Bank (WB)’s latest survey on Myanmar has revealed that nearly half of all businesses in the manufacturing and service sectors do not expect to recover from the economic effects of the pandemic, while a reduction in sales is the top concern of businesses in the country. The WB’s latest survey for October covered […]

Myeik hotel bidding ends amid concern over tender

Environmental groups have expressed concern over a recent tender for an ecotourism project in the Myeik Archipelago, warning that it should only go ahead if the government can ensure the winner properly adheres to environmental standards. The Forestry Department of the Ministry of Environmental Conservation and Forestry invited local and foreign companies to bid for […]