Myanmar says it is eager to begin work on a Chinese-backed port and industrial park project in the Rakhine State town of Kyaukpyu with a decision is expected soon. National security adviser Thaung Tun denied the country was in a “debt trap” with Beijing, calling it a “win-win” deal. “We would like to see this […]
China’s latest Myanmar megaproject courts controversy
November 11, 2017 by
Nearly two years ago, Myanmar chose a Chinese consortium led by the state-run Citic to develop a $10 billion port and industrial park that could turn into the country’s largest foreign investment. With Beijing pledging to create 100,000 jobs and transform a poor region, the Kyaukpyu port plan potentially represents a huge win for Myanmar. […]
Myanmar focused on improvement of literacy rate
October 23, 2017 by
The government has been building a 21st century education system that will propel Myanmar to the rank of the upper-middle-income nations by 2030. Myanmar kicked off the International Literacy Day 2017 by holding a ceremony at the Ministry of Education in Nay Pyi Taw on September 8, with the objectives of aiming to improve literacy […]
Oiling the wheels of the super-rich
September 22, 2017 by
Nyi Nyi Lwin, owner of newly opened luxury car workshop Optima Werkz Yangon, first developed a love for fast cars during his university years in Australia about a decade ago. That passion has grown in the years since he began dealing in luxury cars since returning to Yangon. Today, he and his family, who run […]
Education always a major focus for Japan’s bilateral cooperation with Myanmar
September 20, 2017 by
Myanmar and Japan enjoy a long-standing strong bilateral relationship across a wide range of political, economic, social and cultural spheres. Reflecting this, Japan’s economic cooperation to Myanmar dates back to as early as 1954. Throughout the history of the bilateral cooperation, education has always been a major area of focus, as Japan sees it as […]
NPT Highway Bus Companies Suffering Losses
April 4, 2017 by
Buses servicing the Nay Pyi Taw highway route have been suffering from a steady decline of passengers over recent years, with smaller bus companies facing the threat of shutting down. When the capital was moved from Yangon to Nay Pyi Taw in 2005, highway bus companies emerged as an essential service because of the continuous […]
India and China Vie for Greater Share in Oil Sales in Myanmar
August 22, 2016 by
Indian Minister of External Affairs Sushma Swaraj will visit Myanmar next week. Apart from seeking action against members of militant organizations from India’s northeastern states who are allegedly hiding in Myanmar, energy and infrastructure projects are likely to dominate the discussion. Sushma Swaraj will be the first senior minister to visit Myanmar since the democratically elected government […]
