Chinese service carrier Ruili Airlines has started its second direct flight, this time connecting Yangon and Dehong, Yunnan Province, on Sunday. Ruili Airlines will be flying four times weekly on Mondays, Wednesdays, Fridays, and Sundays from Yangon International Airport (YIA) to Dehong, the airport said in a statement. The airline will be flying a Boeing […]
Colliers Myanmar Mandalay Property Market Review 2018 and Outlook 2019
Summary & Recommendations Mandalay City continues to be a promising investment destination with big-ticket infrastructure and property projects being set in place. Township developments such as the Mandalay Resort City (NMRC), and Ye Dagun Taung mixed-use development, among others, are just some of these projects that will continually shape the city’s growing property landscape. Also, […]
Can China-Myanmar Economic Corridor overcome hurdles to progress?
Recently, U Aung Naing Oo, director general of the Directorate of Investment and Company Administration of Myanmar, said that Myanmar and China will soon sign a Memorandum of Understanding (MoU) on building the China-Myanmar Economic Corridor (CMEC), one of the key projects of the Belt and Road initiative (BRI). The two sides reached a 15-point […]
PetroChina’s Yunnan refinery exports first diesel cargo
PetroChina’s new 260,000 barrels per day (bpd) Yunnan refinery exported its first diesel cargo on April 29, the company said on Monday via its official newspaper. The cargo was due to be carried by truck from Anning city in southern Yunnan province to the Ruili port on the China-Myanmar border, the paper said. The cargo […]
China’s poverty alleviation efforts in Myanmar help ease Rakhine State situation
China has been paying close attention to the Rakhine State conflict in Myanmar and the ensuing refugee exodus to Bangladesh. In March, during the legislative two sessions, Foreign Minister Wang Yi said China has always insisted on a peaceful and rightful way of dealing with international affairs, especially those at the center of attention. Nearly […]
6 Chinese arrested in China for scam at Myanmar border casino
Six people have been arrested for allegedly organizing people from China to gamble in Myanmar and illegally imprisoning them to force them to pay gaming debts, Shanghai police said yesterday. The gamblers, at least five of whom have been identified so far, were illegally transported into Myanmar from Yunnan Province. Set up so they would […]