YANGON — A Chinese company has invited proposals by Feb. 8 to provide consultancy services and field investigations environmental and social impact assessments of its ambitious Kyaukphyu deep-sea port project in Rakhine State. The move brings the Belt and Road Initiative project – which would open Chinese access to the Indian Ocean – one step […]
Chinese Firm Opens Assessment Tender for Strategic Deep-Sea Port in Western Myanmar
China Inks Economic Agreements With Myanmar, Promising COVID-19 Vaccine Donation
YANGON—Myanmar and China signed agreements on the economy, trade and technical cooperation during the Chinese foreign minister’s trip to Myanmar’s capital, Naypyitaw, including a promise from Beijing to provide 300,000 doses of COVID-19 vaccine to its southern neighbor. Wang Yi launched his first Southeast Asian tour of 2021 on Monday with an official visit to […]
Myanmar to further restructure, invest in education system
The Myanmar government wants to restructure and raise investments in the existing education system over the next five years so that it remains compatible with modern-day requirements, State Counsellor Daw Aung San Suu Kyi said in her New Year speech. As education plays a very crucial role in the development of our nation, a long-term […]
Myanmar set for more than $1 billion of upstream investment
With Myanmar’s general elections in the rearview mirror, upstream development expenditure could more than double to over $1 billion by 2023 compared to this year’s spend. Myanmar’s ruling National League for Democracy (NLD), led by Aung San Suu Kyi, a Nobel Peace laureate, scored a resounding victory in last month’s general election, the second since […]
Lawmakers Blast Yangon Govt for Misusing Public Funds
YANGON — The Yangon regional government has misused and breached financial regulations in spending public funds, in possible violation of the Anti-Corruption Law, according to the parliamentary Finance, Planning and Economy Committee. On the second day of parliamentary debates on the regional auditor-general’s report on government expenditure during the 2017-18 fiscal year, the committee pointed […]
Myanmar Among World Bank’s Top 20 for Business Ease Improvements
YANGON – As the Myanmar government makes efforts to complete its ambitious goal to reach the top 100 of the World Bank’s ease-of-doing-business index 2020, the country was listed among the top 20 most-improved countries. A World Bank report listed Myanmar in the top-20 improvers in Doing Business 2020, alongside China, Bangladesh and India. It […]
20 Fugitives, Including Judges, Administrators, Wanted on Suspicion of Corruption
Six judges, two district administrators, the head of a police station and a public prosecutor and a lawyer are all on a list of fugitives suspected of corruption, along with other government officials. The list, released Sunday by the Myanmar Police Force, numbers 20 individuals and includes their photographs and personal information. In February 2018 […]
NLD’s U Soe Lwin Elected Deputy Mayor of Yangon
YANGON — U Soe Lwin, who won a seat on the executive board of the Yangon City Development Committee (YCDC) as a candidate for the National League for Democracy in last month’s municipal election, was voted deputy mayor of Myanmar’s largest city and commercial capital on Monday. “[Yangon residents] will see change. We contested the […]