Washington, March 3, 2020 — A project to improve access to, and quality of, basic education nationwide in Myanmar was approved today by the World Bank’s Board of Executive Directors. The project, financed by a US$100 million credit from the International Development Association (IDA), will be implemented over four school years. The Inclusive Access and […]
A Conversation With US Ambassador Scot Marciel
On March 8, The Irrawaddy’s editorial team invited US Ambassador Scot Marciel to our office in Yangon to participate in a conversation on a range of issues, particularly the many challenges Myanmar is facing. The ambassador offered his frank views in response to questions from senior editors. Here are excerpts from the interview: The Irrawaddy: […]
Trade war will drive Chinese investment in Asean to US$500 billion by 2035, think tank says
Chinese investment in Asean countries is set to more than triple to US$500 billion by 2035, with the US-China trade war likely to provide a catalyst for the spike, according to a regional think tank. The claim was made in a report published on Thursday by the Asean+3 Macroeconomic Research Office (AMRO), a regional macroeconomic […]
Davos 2018: China’s economic shift and implications for Myanmar
Myanmar will capture Chinese investment as Beijing prioritises poverty alleviation and development in Yunnan AS the fight against poverty takes centre stage in Beijing’s economic policy, Yunnan and Myanmar will remain a priority for Chinese investment, while China’s fast-growing middle-income population, especially those in the southwest, presents a crucial market for Myanmar’s growth-oriented businesses as well […]
Myanmar Says U.S. Sanctions Against General Based on ‘Unreliable Accusations’
(Reuters) – Myanmar “feels sad” over a U.S. decision to sanction a military general, a government spokesman said, after Washington linked the commander last week to abuses against the Rohingya Muslim minority. “This targeted sanction is based on unreliable accusations without evidence, as we have repeatedly said, so we feel sad for that,” Zaw Htay, […]
Moscow steps up business with Nay Pyi Taw
At a Russia-Myanmar Intergovernmental Commission on Trade and Economic Cooperation (RMIC) meeting in Moscow last month, Russian commission chair Minister Maksim Oreshkin and Minister for the Ministry of Planning and Finance, U Kyaw Win, signed an agreement to set up a Russia trade representative office in Yangon. The trade representative office should be launched by […]
Myanmar has maintained military ties with North Korea, US officials claim
Myanmar’s military was believed in the past to have imported North Korean-made weapons and North Korean personnel also worked in Myanmar Myanmar’s military has maintained ties with North Korea, even though the civilian-led government denies any cooperation, and the Trump administration is pressing for a complete break-off of remaining links, current and former US officials […]