Taiwanese Firms Look to Cash In on China’s Strained Relations with Myanmar

Tiny Taiwan is bidding to upstage its giant neighbor by investing heavily in Myanmar while the Southeast Asian nation’s relations with China remain cool. After a series of recent small-scale Taiwanese investments, the Taiwan Electrical and Electronic Manufacturers’ Association (TEEMA) has announced plans to spend nearly half a billion dollars developing an industrial park in […]

Myanmar’s rice revival uncertain

Scant stocks, weak demand dent Myanmar’s hopes of rice revival. Shrinking global demand, poor infrastructure and hesitant investors could leave Myanmar far short of its rice export target this year, dealing a blow to its ambitions of competing with the world’s top shippers of the grain. Industry experts and government officials say the 3 million-tonne […]

Myanmar internet down to crawl speed as SEA-ME-WE undersea cable goes for repair

Yangon — Burma’s Internet users should expect delays in establishing connections for a period of about one month, after a disruption occurred with the underwater fiber cable that links the country with international cable networks, Myanmar Posts and Telecommunications (MPT) announced on Wednesday. “Works are being carried out to repair the fault as quick as […]