India, China, Myanmar should develop Stilwell Road: Chinese media

BEIJING: India, China and Myanmar should establish a joint dialogue mechanism to restore the Stilwell Road connecting the three countries to revitalise trade in the region, Chinese media said today. “The Stilwell Road was called the Ledo Road, but renamed after Stilwell at the suggestion of Kuomintang leader Chiang Kai-shek. Ledo, a small town in […]

Can This Frontier Venue For NatGas Reel In Serious Investment?

After five decades of oil and gas exploration stagnation and mismanagement of natural resources under military rule, Myanmar (formerly Burma) in March elected its first non-military president since the 1962 coup, and if it all plays out right, it could open the floodgates for investment in this strategically vital oil and gas venue. On 15 […]

Myanmar Boom Wanes as Overcapacity Bites

When Myanmar opened to the world back in 2012, the country experienced a rapid expansion in air travel. Thirteen foreign airlines carried roughly 2 million international passengers. By 2014, the international market had jumped to 3.2 million passengers traveling with nine foreign airline groups, bringing the total number of international carriers to 22. But now the […]

High hopes for business zone on China-Myanmar border

An ambitious new economic zone at Myanmar’s largest trading point with China will bring new business opportunities for the two countries, officials and residents said at the project’s soft opening in Shan State’s Muse last week. Around 80 percent of Myanmar’s formal overland trade with China passes through a border point a few miles from […]

Mandalay adds new shopping mall

MANDALAY, 15 May 2015: Mandalay Yatanar Mall will open by April next year adding a up-market shopping option for tourists visiting the country’s second largest city. The Global New Light of Myanmar media said the Mandalay Yatanar Mall would showcase Myanmar-made jewellery, silk products and handicrafts as well as branded shopping items. The mall, on […]

Yunnan’s governor looks to smooth relations with Myanmar

One of the top government officials in Yunnan is spending time this week in Naypyidaw, capital of neighboring Myanmar. Provincial governor Chen Hao, began a three-day diplomatic trip May 6 by meeting with Burmese president Thein Sein to discuss a litany concerns on both sides, as well as ways to promote the increase of legitimate […]

Plan for Myanmar-China Train Link Derailed

YANGON — A proposed railway to link the planned industrial hub in Arakan State with China has been abandoned due to concerns over the potential cost and environmental impact of the project, according to a Myanma Railways official. In 2011, Myanmar signed a memorandum of understanding (MoU) with a Chinese state-owned enterprise to construct a […]

Highways to be upgraded for Rakhine SEZ

The No 2 Union Highway and Kyaukphyu-Magway route will be upgraded for the Kyaukphyu Special Economic Zone in Rakhine State, the Ministry of Construction said yesterday. The SEZ is expected to cost US$280 million to develop and the bidding for contracts is open to foreign investors. The two highways are priority connections to the SEZ. […]

China Cutbacks Put Burma Oil Terminal, Pipeline in Doubt

The future of China’s multi-billion dollar investment in an oil terminal and transshipment pipeline in Burma may be in doubt, after a major processing refinery project in China was delayed. The controversial refinery in the Yunnan Province capital of Kunming, which sparked angry street protests last year over pollution worries, will not now be built […]