China, Myanmar sign MoU on feasibility study of Mandalay-Kyaukphyu railway

China and Myanmar signed a memorandum of understanding (MoU) on Sunday to conduct feasibility study of a railway linking Mandalay, the country’s second largest city in Myanmar’s central region, with Kyaukphyu, the major town in Myanmar’s Rakhine state, according to a release from the Chinese embassy in Myanmar. Speaking at the signing ceremony, Chinese Ambassador […]

Japan offers to participate in Dawei SEZ development

Japan has made an official offer to participate in the development of the Dawei Special Economic Zone (SEZ), said U Myint San, Vice Chair of the SEZ management committee. “The Japanese government has made a proposal after we invited them to participate in the project on a government-to-government (G2G) level on November 5. They’ve sent […]

India proposes oil refinery to expand presence in Myanmar energy

India wants to build a US$6 billion oil refinery in Thanlyin, Yangon, to rival China’s investments in Myanmar’s energy sector, according to India’s Foreign Secretary Harsh Shringla and Indian Army Chief MM Naravane during their joint visit to Myanmar this week, Indian media have reported. Myanmar has yet to confirm or announce the proposal. Under […]

Myanmar Teachers and Administrators Complete Educational Leadership Training at WIU; Second Myanmar Group at Western Since 2014 MOU Agreement Established

MACOMB, IL — Last Monday, 30 teachers and administrators from across Myanmar completed leadership training at Western Illinois University. As part of a Memorandum of Understanding (MOU) aimed at expanding educational opportunities between Western and the International Language & Business Center (ILBC) of Yangon (Myanmar), the teachers took part in the “Educational Leadership Institute.” The […]

Boeing to assist Myanmar’s Air Mandalay to lease B737 NextGens

Boeing (BOE, Chicago O’Hare) has signed a Memorandum of Understanding with Air Mandalay (6T, Yangon) pledging to assist the Myanmar-based operator in its efforts to source B737 NextGen aircraft via lease. “This memorandum is an important step in our growth strategy,” Dato’ Adam Htoon, principal of Air Mandalay, said “Due to the growth of tourism […]

Ooredoo, Telenor to partner with Samsung for mobile services

International telecoms operators Ooredoo and Telenor will cooperate with tech giant Samsung to provide faster mobile internet services in Myanmar. Ooredoo Myanmar and Samsung signed a memorandum of understanding last Friday offer customers a range of “Special Bundles” designed to make the most of Ooredoo’s 3G network on data-driven Samsung devices. Ooredoo’s products and services […]

Myanmar stock exchange plan stall

A Japanese plan to help open a stock exchange in Myanmar in October 2015 is stalled due to difficulty recruiting suitable staff and finding companies with potential to list on the market.  Japanese securities company Daiwa Securities Co pioneered an attempt to develop a stock market in Myanmar by leading its affiliate Daiwa Institute of […]

Chinese Thanlwin hydro projects to be revived

Myanmar plans to give the green light to three of six hydroelectric projects to begin construction on the Thanlwin River within three months, a high-ranking official at the Ministry of Electric Power said on August 16. “We plan to build six hydropower projects on the Thanlwin River,” said the official who asked not to be […]