A year after Chinese President Xi Jinping’s first state visit to Myanmar, Foreign Minister Wang Yi is scheduled to arrive in the capital Naypyidaw today for a two-day official visit. The trip to Myanmar follows an African tour that has taken Wang to Nigeria, the Democratic Republic of Congo, Botswana, Tanzania, and the Seychelles. The […]
Tourism industry invests in tech amid COVID-19
December 14, 2020 by
The hospitality and tourism industry is investing more in technology during the COVID-19 pandemic, said U Than Htut, vice chair of Myanmar Hoteliers Association. “We face challenges in technology in COVID-19 crisis. We have to make more investment and changes in technology,” he said. Local conglomerate Eden Group says more investments in technology is necessary […]
Gyobyu, Theingon power sub-stations in Taikkyi Tsp opened
November 25, 2020 by
Yangon Region Government inaugurated Gyobyu and Theingon power sub-stations in Taikkyi Township yesterday, taking a step forward in meeting 100 per cent electrification in the region by December 2020.Yangon Region Chief Minister U Phyo Min Thein, Yangon Region Hluttaw Speaker U Tin Maung Tun, Deputy Speaker U Lin Naing Myint, Yangon Region Minister for Electricity, […]
Myanmar to set up second stock exchange for public companies
September 28, 2020 by
A second stock exchange, or pre-listing board, will be set up for the purpose of trading shares in public companies that have yet to list on the Yangon Stock Exchange (YSX), said U Maung Maung Win, who is Deputy Minister for Planning, Finance, and Industry as well as Chair of the Securities and Exchange Commission […]
Businesses want momentum in energy sector sustained beyond Myanmar elections
September 17, 2020 by
Myanmar needs to continue pushing out power tenders and policies to develop and reform its energy sector beyond the November elections, according to keynote speakers at a Yangon corporate briefing. Speakers at a panel discussion about the Myanmar energy sector acknowledged the reforms rolled out over the last 12 months intended to attract private investments […]
Kachin State’s yemase jade miners and dealers demand a more equitable industry
September 14, 2020 by
Myanmar’s deadliest mine collapse in recent history caught the world’s attention in July, but local frustration with an industry controlled by outside companies has been growing for years. This article was supported by the Pulitzer Center on Crisis Reporting It was the deadliest landslide in Myanmar’s recent history – about 200 jade miners buried in […]
Myanmar to lure investments in healthcare, agri and industry
July 2, 2020 by
Myanmar will focus on drawing investments into healthcare, agriculture, livestock and fisheries and industrial zones in the wake of COVID-19, said U Thant Zin Lwin, Director General of the Directorate of Investment and Company Administration. “We will prioritise attracting investors in these three sectors after experiencing COVID-19 this year. In healthcare for example, businesses that […]
Desperate times for independent media as COVID-19 savages a fragile industry
June 12, 2020 by
Private print and online news organisations were already under pressure when COVID-19 struck and some will not survive the economic fallout of the pandemic. By NAW BETTY HAN | FRONTIER The COVID-19 pandemic has created enormous challenges for news media organisations, ranging from lost advertising revenue as businesses close or suspend services, to trying to […]
Myanmar to revamp governance of industrial zones under new law
June 12, 2020 by
Legislators in Myanmar have approved a long-awaited law governing industrial parks that grant regulatory bodies new powers to punish polluters and land speculators. Lawyers and experts, however, warn that effective governance will depend on enforcement and accompanying regulations, which have yet to be announced. Enacted by the Hluttaw on May 26, the Industrial Zone Law […]
