The Japanese and Myanmar foreign ministers agreed Monday to reopen borders for expatriates and other long-term residents as soon as early September, relaxing travel restrictions that were imposed to stem the spread of the new coronavirus pandemic. Foreign Minister Toshimitsu Motegi and Myanmar leader Aung San Suu Kyi also confirmed at their meeting in Naypyidaw […]
Myanmar sees record virus cases as Rakhine State becomes hotspot
Myanmar reported 70 new coronavirus infections on Wednesday, the highest one-day tally since the virus was first detected in the country on March 23, according to the Ministry of Health and Sports. There had been no local transmissions between July 16 and Aug 16, with about 200 infections detected since then. The majority of cases […]
Myanmar extends effective period of entry restriction until end Sept.
YANGON, Aug. 29 (Xinhua) — Myanmar’s Ministry of Foreign Affairs Saturday announced extending the effective period of temporary entry restrictions to all incoming visitors until Sept. 30. The ministry also extended the effective period of temporary suspension of all types of visas including social visit visas and visa exemption services until the end of September. […]
Industrial zone in Kyaukphyu SEZ to be built at $30B
An industrial zone project within the Kyaukphyu Special Economic Zone (SEZ) in Rakhine State will be developed for US$30 billion, deputy commerce minister U Aung Htoo told Pyithu Hluttaw this week. CITIC Consortium from China owns 51 percent of the industrial zone while the Myanmar government owns 49pc, he said. The industrial zone will be […]
mmtimes.com/news/new-gas-field-discovered-offshore-rakhine.html
South Korean conglomerate Posco International Corporation has discovered a new gas field in Block A3 at the Shwe natural gas project located offshore Rakhine, The Myanmar Times understands. The company confirmed that it had found a gas column of around 18 meters at its Mahar-1 exploration well after it began exploratory undersea drilling in Block […]
Myanmar eases visa rules for five countries
The government will relax its visa regulations for five more countries from January 1 as part of its effort to attract more foreign visitors to the country, according to the Ministry of Hotels and Tourism. Travellers from the Czech Republic, Luxembourg, New Zealand, Hungary and Austria will be given visas on arrival upon entering the […]
Govt Promises to Meet Myanmar’s Rising Electricity Demand
Yangon — The Ministry of Electricity and Energy is hoping to expand electricity access to half of the population by December, according to Deputy Minister U Khin Maung Win. Of 10,877,832 households in Myanmar, 5,140,061 – or 47 per cent of the population – had access to electricity by October. The deputy minister told the […]
Taking a Quantum Leap to Revamp Myanmar’s Economy
YANGON—Since last year, Myanmar officials responsible for drumming up foreign investment have been shuttling between Naypyitaw and Asian countries to pitch the government’s latest legal, procedural, and institutional reforms to potential investors as part of efforts to revitalize the country’s economy. State Counselor Daw Aung San Suu Kyi often highlights foreign direct investment (FDI) as […]