CORRECTED-Senior Chinese diplomat Wang Yi visits Myanmar in SE Asia tour, promises vaccines

YANGON, Jan 11 (Reuters) – Chinese Foreign Minister Wang Yi discussed closer cooperation with Myanmar and promised vaccines against COVID-19, state-run television said on Monday, after he arrived on the first stop of a five-day tour of Southeast Asia. Wang met President Win Myint and Aung San Suu Kyi, the de facto head of the […]

The Rise and Fall of an Australian Media Mogul in Southeast Asia

ROSS DUNKLEY was thinking of quitting journalism when he met Rupert Murdoch, a fellow Australian, on a friend’s yacht off the coast of Rhode Island during the America’s Cup boat race in 1983. He had grown tired of working for other people in a newsroom; he wanted to return to his family roots and become […]

Us businesses eye expanded Myanmar investment

As Myanmar’s government is making efforts to revive the economy through foreign investment, US companies say they are keen to expand their involvement, according to a leading trade body. The US-Asean Business Council in Yangon met on Monday and included representatives of 12 US companies and the Union of Myanmar Federation of Chambers of Commerce […]

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 […]

Myanmar Military-Backed Firm Rejects Minister’s Account of Power Meter Bidding Problems

Military-run Myanmar Economics Holding Public Company Limited (MEHPCL) on Friday said that a deputy minister’s comments in Parliament regarding problems with the procurement process for electricity meters over the past three years were unfair and had harmed the company’s reputation. In a statement, MEHPCL said Union Deputy Electricity and Energy Minister U Tun Naing’s comments […]

Arrest warrant issued for Myanmar firebrand monk Wirathu

YANGON: Myanmar police issued an arrest warrant on Tuesday (May 28) for an ultra-nationalist monk known as the “Buddhist Bin Laden” for his vitriol against Islam and particularly the Rohingya Muslim community. Wirathu has long been the face of the country’s Buddhist nationalist movement, notorious for espousing hate against the Rohingya minority. A warrant was […]

Exclusive: Chevron, investor reach deal on Myanmar shareholder resolution

Chevron Corp will put a focus on human rights in Myanmar under an agreement with an investor group that had urged it to pay more attention to violence in the Asian nation where the U.S. oil company has operations. Chevron will undertake steps including social investment reviews in Myanmar’s Rakhine State, donate to humanitarian organizations […]

Selling Rakhine to the World

In the wake of the 2017 Rohingya crisis and ongoing fighting between the military and Arakan Army, the Myanmar government is desperate to attract investors to Rakhine State in hopes that they will help reverse the fortunes of one of the country’s poorest regions. To that end, it invited more than 600 of them to […]

‘Overreacting to failure’: Facebook’s new Myanmar strategy baffles local activists

Facebook banned four ethnic armed Myanmar-based groups from its site this week, in its latest effort to reckon with its role in the violence in that nation. But the tech giant’s decision is drawing criticism from local civil society and human rights groups who warn that the move appears ill-considered and inconsistent with international law. […]

Myanmar’s stalled China-backed Myitsone dam project strained bilateral ties for years — now it could be scaled back or moved

A top Myanmar investment official on Tuesday suggested scaling back or relocating a stalled Chinese-backed hydropower project that has strained ties between the neighbours for nearly a decade. The suggestion follows a statement by the Chinese Embassy in Myanmar earlier this month that said civil society organisations in Kachin state supported the planned project. Hundreds […]