Four Ministries clarify undertakings in the first 100 days

Four ministries clarified their undertakings in the first 100 days of the new government to reporters in Nay Pyi Taw. The press conference was held at the Ministry of Information yesterday. Regarding the achievements of the Ministry of Information, Union Minister for Information Dr Pe Myint said the ministry conducted training and workshops for the […]

Burma Removes Hundreds of Names from Blacklist

RANGOON — The names of some 600 foreign and Burmese nationals were removed from Burma’s blacklist, the Ministry of Labor, Immigration and Population told The Irrawaddy on Thursday. A move that was pledged by Union minister Thein Swe as part of his ministry’s 100-day plan, led to the removal of 607 names—more than 200 Burmese and 300 […]

Danish Enterprise won’t subject to Human Rights rules in Myanmar

The transition from military dictatorship to democracy has put Myanmar up for grasp in a global clash between foreign investors. China is already liable for third of the investments in Myanmar while Thailand counts 20 percent. At the moment the EU progress to foray into the market negotiating an investment protection agreement with Myanmar. But the way to enter […]

Thailand reaffirms Dawei plans, but does Myanmar?

“The governments of Thailand and Myanmar reaffirmed that the Dawei megaproject will create thousands of jobs and improve the livelihoods of people along the border,” according to Thailand’s caretaker Prime Minister Gen Prayuth Chan-ocha. Prayuth was speaking at a joint press conference in Bangkok on Friday. Myanmar leader Aung San Suu Kyi also addressed reporters, […]

Over-Extraction, Chinese Slowdown Blamed for Jade Price Slump ​​

RANGOON — With the government’s biannual gem emporium looming at the end of this month, prices for Burmese jade have continued to slide against weakening demand. Industry insiders have blamed an economic slowdown in China, over-extraction in jade mines, and market uncertainty linked to the transition of power to a democratically elected government in Burma. […]

Myanmar gets its first contactless travel prepaid card

MASTERCARD in collaboration with Co-operative Bank (CB Bank) have launched a contactless travel prepaid card for Myanmar’s citizens, the first of its kind in the nation, in an effort to better tap on the country’s enlarging traveller base.   The CB EasiTravel Prepaid MasterCard Contactless card is currently available for signup and provides Burmese travellers […]

How Korea Is Conquering Myanmar, One Soap Opera at a Time

A Cinderella story of two antagonistic stepsisters and a love story about a woman with amnesia – these soap opera tropes may be South Korea’s ticket for greater influence in the slowly opening Burmese market. According to the Yonhap News Agency, the South Korean Ministry of Culture, Sports and Tourism is teaming up with the […]

Hiatus in timber smuggling from Myanmar to China

Monitoring of key crossing points along the Myanmar-China border by the Environmental Investigation Agency (EIA) reveals a sharp downturn in the volume of illegal timber being smuggled between the two countries during the past six months. In September 2015, EIA released the report Organised Chaos, which documented surging illicit trade in logs via the land […]

Yangon Door2Door: Food Delivery Service with a Green Vision

RANGOON — Traffic has been a common complaint among Rangoon’s residents for some years now, but some creative entrepreneurs are taking a proactive approach to ease the urban curse. Shady Ramadan, who moved to Myanmar from his native Egypt in 2010, is one of them. Ramadan founded a delivery service called Yangon Door2Door, often just […]

500 Startups enters Myanmar with an investment in local search engine Bindez

Leading startup accelerator-cum-seed fund 500 Startups has made an entry into Myanmar, with an investment in local language search engine Bindez. The size of the deal remains undisclosed. “The funds will be utilised to develop the team and product offering further, and continue to grow our value proposition and user base through 2016,” Bindez Co-founder and CEO Rahul Batra told […]