National League

Plenty of political will but no cash for New Yangon project

July 23, 2018 by Thiha

Large areas west of the Yangon River here look dark and depressed, at least from an airplane taking off or landing from the capital’s airport after sunset. In stark contrast to the city center, on the east side of the river, where high-rise commercial buildings and shiny condominiums are popping up, the opposite bank gives […]

Filed Under: Latest News Tagged With: CCCC, China Communications Construction Co., conglomerate Serge Pun & Associates, democracy, government-backed finance, Kyimyindaing township, Myanmar, National League, New Yangon Development Co., NYDC, Phyo Min Thein, private-sector investors, Public-Private Partnership, Serge Pun, Swiss Challenge, urban development project, Yangon Chief Minister, Yangon River

Disappointment at government hasn’t eroded support among businesses: academic

May 2, 2018 by Thiha

The disappointment at the current government’s sluggish economic reforms has not eroded the support among businesses, according to a Mandalay and Bangkok-based academic. On the contrary, businesses are worried that a failure of the administration will roll the country back to the junta era. The Myanmar Times talked to Pietro Borsano, lecturer at Mandalay International […]

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Govt urged to establish Belt and Road taskforce

September 6, 2017 by Thiha

From tackling illegal border trade to constructing Kyaukphyu SEZ, the to-do list for Belt and Road in Myanmar is very long. THE Myanmar government is urged to take a proactive role and form a taskforce to carve out its involvement in China’s Belt and Road Initiative (BRI). An adviser to the National League for Democracy-led […]

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Only high-tech firms for hydro, coal power

July 3, 2017 by Thiha

Only companies and countries with access to the latest technologies and technologies which minimise environmental impact will be considered to take part in hydro and coal power projects in Myanmar, a senior official from the Ministry of Electricity and Energy told The Myanmar Times. “For electricity generation sources, we are planning to consider only the […]

Filed Under: Latest News Tagged With: Ayeyarwady Region, Coal Power, coal power projects, Dawei, Democracy Central Executive COmmittee member, foreign countries, Germany, globalization, high-tech firms, hluttaw, hydro, japanese, Karen, Kayin State, Kayin State Committee member, Kengtung, long-term maintenance, Low-cost energy sources, MATA, Ministry of Electricity and Energy, Mon, MOU, Myanmar Alliance for Transparency and Accountability, National League, natural gas power plants, Ngayokekaung, NLD’s central committee, Norway, poorer standards, power generation, social implications, socio-economic benefits, Tanintharyi, Technology, Thai company, Thanlyin-Kyauktan project, The Memorandum of Understanding, the Ministry of Natural Resources and Forestry, The Myanmar Times, the UK, the US, TTCL coal power plant project, U Saw Mi Pway Do, U Win Htein

International hotel chains open their doors in Myanmar

May 5, 2017 by Thiha

Since opening up the country, more tourists come and discover Myanmar and it is expected to grow even more. Therefore, more and more investors are seeing chances to begin their business here. That is why a lot of new hotels will open their doors as well in 2017. Since the new government, led by National […]

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Myanmar’s stabs at reform test public’s patience

April 25, 2017 by Thiha

Myanmar’s year-old government has drawn stiff pushback from its sudden cuts to a national holiday and crackdown on unlicensed buses, burning up goodwill won with the promise of change. The government said last month that the public holiday period for the Thingyan water festival marking the new year would be shortened to five days from […]

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Myanmar braces for 30% drop in foreign investment

March 28, 2017 by Thiha

Foreign investment in Myanmar appears poised to plunge roughly 30% for the year ending March 31 amid the absence of new oil and gas projects, highlighting the need for the government to lure other industries with deregulation and firm economic policy plans. Myanmar received about $6 billion in foreign direct investment during the 11 months […]

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Ministry of Mines ready for handover

March 21, 2016 by thiha

The Ministry of Mines has set its affairs in order and is ready to serve under the incoming government, director general U Win Htein told The Myanmar Times. All government departments are now preparing to receive the new ministers of the National League for Democracy government that will take over on March 31. At the […]

Filed Under: Latest News Tagged With: democracy, Department of Geological Survey, Kelvin Chia Yangon, Mineral Exploration, Myanma Gems Enterprise, Myanma Pearl Enterprise, Myanmar Gemstone Law, Myanmar Mines Law, National League, No (2) Mining Enterprise, No 1, The Ministry of Mines, The Myanmar Times, U Win Htein

Myanmar Lawmakers Name Htin Kyaw President, Affirming Civilian Rule

March 16, 2016 by thiha

NAYPYIDAW, Myanmar — Myanmar’s Parliament elected a confidant of Daw Aung San Suu Kyi as president on Tuesday, ending decades of leadership by the military and its allies. U Htin Kyaw, 69, won with more than half the votes. He was considered almost certain to take the presidency after his nomination last week by Ms. […]

Filed Under: Latest News Tagged With: Daw Aung San Suu Kyi, democracy, Foreign Ministry, Myanmar, National League, National League for Democracy, Naypyidaw, Parliament, Trade Ministry, U Henry Van Thio, U Htin Kyaw, U Myint Swe

Incoming Myanmar government mulling Chinese dam rethink

March 11, 2016 by thiha

Aung San Suu Kyi’s incoming government is considering a rethink of the controversial Chinese-backed multi-billion dollar Myitsone hydropower dam in northern Myanmar. YANGON: Aung San Suu Kyi’s incoming government is considering a rethink of a controversial Chinese-backed dam in Myanmar and looking for ways to end a military conglomerate’s “privileges”, according to her party’s economic advisor. […]