As economy booms, children toil in Myanmar

When a boat stacked with gravel moors at a jetty in Yangon, 14-year-old Aung Htet Myat fills a basket he then carries on his back to trucks that whisk the load to construction sites springing up across Myanmar’s booming biggest city. YANGON: When a boat stacked with gravel moors at a jetty in Yangon, 14-year-old […]

UK provides $300m loan to boost exports to Myanmar

YANGON – The United Kingdom is seeking closer trade engagement with Myanmar, with US$300-million (Bt10.72 billion) in export financing to boost direct exports as well as drive infrastructure projects that require notable UK content. UK Transport Minister Lord Ahmad was here last Friday to unveil the export-finance facility, which will be extended directly to British […]

Squatters: a challenge for the new government

The squatter problem in Yangon is growing day by day. The problem remains unresolved, despite the efforts of successive governments. In the 1990s, Yangon had 9,019 squatter households. According to figures collected in 19 townships in the Yangon municipal area, this number has increased to 43,985 today—about five times higher than in the 1990s.  Hlaingthaya […]

Mitsubishi helping Myanmar fix waterworks in privatization bet

YANGON — Feeling confident that Myanmar will eventually privatize its water sector, Japanese trading house Mitsubishi corp. is helping local governments there improve their water infrastructure and management. The water services market there is a potentially lucrative one, and the company is hoping its investment now will give it a leg up on rivals once […]