Only Suu Kyi Speaks for NLD, Party Says After Speaker Slip

The National League for Democracy (NLD) announced on Friday that party chairwoman Aung San Suu Kyi is the only person authorized to speak publicly about the party’s policy decisions. In a statement shared on social media, the NLD said it has to “handle things delicately at present,” as the party prepares to assume power after […]

Myanmar sets up committee to facilitate power transfer to NLD

An eight-member committee has been set up to facilitate the transfer of power from the current Myanmar government to the National League for Democracy Party (NLD). According to Myanmar News Agency, President Thein Sein met NLD Chairperson Aung San Suu Kyi on Dec 2 to discuss plans for the smooth transfer of state responsibility and […]

HelpAge invites open tender for consultants to submit EOI for delivery of the assignment; Closing Date; Dec 6, 2015

Subscribe to our tender alert mailing list Terms of Reference – Policy Mentoring International Consultant Myanmar is facing a disease transition towards increasingly greater burdens from non-communicable diseases (NCDs), in contrast to burdens that were previously dominated by communicable diseases and maternal/neonatal and nutrition disorders. The health system in Myanmar requires assistance to respond effectively, […]

Myanmar designates five-year transition period of stock market

Yangon – The Securities and Exchange Commission of Myanmar has already designated a five-year transition for Stock Exchange Certificates Market (SECM). “It [period] may be increased or reduced. Under the transition period, SECM will be under the Finance Ministry. The expected transition period could be five years. But the period may be increased or reduced. […]

By-laws for securities and exchange to be announced next week

By-laws for securities and exchange will be announced in upcoming weeks, according to Deputy Finance Minister Dr Maung Maung Thein. “The ministers have already approved the by-laws. They just need the approval of the parliament. If the parliament does not change anything, the rules and regulation for the Yangon Stock Exchange (YSX) will be complete,” […]

Economic reform in 2015 out of the world’s spotlight

Next year could the most important for Myanmar’s economic transition since the heady days that followed the transition from a military to a civilian government. The world’s attention may be drifting away, the spotlight drawn by any number of international concerns, while some circling investors appear flummoxed by the pace of change. The expectations of […]

Taking timber firms public

Changes are planned for state-owned timber companies that could see them transition to public companies – though they will likely remain partially state-owned. Minister of Environmental Conservation and Forestry U Win Htun said it is the government’s policy to professionalise its public enterprises, although state-owned timber businesses are usually profitable every year. “Although Myanmar businesses […]

China resets ties with Myanmar with USD eight billion deals

Seeking to reset ties with Myanmar, China today signed USD eight billion trade deals with its southern neighbour after relations went through a turbulent period following the country’s gradual transition to democracy from years of Beijing-backed military rule. The two countries signed several trade agreements worth about USD 7.8 billion after talks between Chinese Premier […]

Myanmar means business

Myanmar is changing fast and there are at least three changes that are currently visible. First, there is transition underway from a military system to democratic governance. Second, the economy is moving away from a centrally-planned superstructure to a market-led framework. Third, after decades of violence, we are seeing peace and normalcy return to this […]

Korea eyes democratic Myanmar

There’s no doubt that Myanmar is a country in transition. Even its harshest critics admit that many game-changing political reforms have been implemented since the country’s first civilian government took office in April 2011. Aung San Suu Kyi’s National League for Democracy party participated in elections in April 2012, restrictions on the media began to […]