A recent announcement from Myanmar Metals, a mining firm listed on the Australian Stock Exchange, has described northern Shan State’s Bawdwin mining site as “one of the largest underdeveloped” zinc, lead, silver and copper deposits in the world. The company—which was, until August, known as Top End Minerals—is currently in the process of acquiring mining […]
Easing of US sanctions on Myanmar to boost trade and investment
May 26, 2016 by
THE US Treasury’s tweaking of its Myanmar sanctions this week will boost trade and investment in the Southeast Asian country, and signals support for the mandate of the new civilian government led by Aung San Suu Kyi, writes Eric Yep. Entities close to the former military junta are still under sanction. But at the same […]
Extension of US sanctions ‘will not hurt us’: Myanmar’s Aung San Suu Kyi
May 20, 2016 by
NAY PYI TAW: The extension of US sanctions on Myanmar will not hurt the country, said Myanmar’s State Counsellor and Foreign Minister, Aung San Suu Kyi on Wednesday (May 18). Her first public remarks on the sanctions came at a joint news conference with visiting Singapore Foreign Minister Vivian Balakrishnan. The US announced on Tuesday […]
Myanmar welcomes US move to ease more sanctions
May 19, 2016 by
YANGON – A US decision to pare back economic sanctions on Myanmar could unclog investment as the country claws its way out of poverty, Aung San Suu Kyi’s civilian government said Wednesday, welcoming the move. Suu Kyi’s party took power in March after clinching a majority at last year’s election, the freest in generations for […]
Manhattan prices in Yangon
July 15, 2014 by
International NGOs are facing strong criticism in Myanmar not for the work they do, but for the large amounts of donor money they spend on renting offices. Recent reports have found that considerable sums are paid for office space in Yangon, where most organisations have their head offices. Adding to the controversy, some of these […]
