Two-Thirds of Disabled Children Not Enrolled in Formal Education

RANGOON — A joint report published by the United Nations International Children’s Emergency Fund (Unicef) has stated that Burma’s national education law needs to be amended, as two-thirds of the country’s 232,000 disabled children do not obtain a formal education. A 122-page report by Unicef and the Ministry of Social Welfare, Relief and Resettlement was launched in Naypyidaw on […]

Myanmar’s Foreign Policy Rebalance

The country’s shift in its alignments is about more than just China and the United States. Myanmar’s new government is making its international debut. In mid-August 2016, Beijing welcomed Aung San Suu Kyi on her first visit to China since becoming Myanmar’s state counselor and foreign minister. This followed her trips to Myanmar’s ASEAN neighbors […]

SINGAPORE — The Singapore Business Federation (SBF) will lead a six-day business mission to Myanmar from Monday (Sept 12), the first since President Htin Kyaw took office in March. Led by SBF chairman S S Teo, 45 delegates from sectors including property, legal, accountancy, education, publishing, shipping and logistics, construction, civil engineering will visit the […]

In Myanmar, the AIIB Could Buttress China’s ‘One Belt, One Road’ Framework

The Asian Infrastructure Investment Bank could come to play a greater role in Myanmar. Is the Asian Infrastructure Investment Bank (AIIB) just another vehicle for spreading Chinese geoeconomic primacy throughout the Asia-Pacific? Earlier this year, reflecting on the bank’s first projects, I argued that such fears were overwrought. The AIIB, with modest partnership-based undertakings along with […]

The Key to Jumpstarting Myanmar’s Economy: Electricity

It’s no secret that the National League for Democracy (NLD) faces myriad challenges in improving Myanmar’s socioeconomic situation. In fact, its biggest challenge might be deciding which issues to address first. Led by Nobel Laureate Aung San Suu Kyi, the NLD has made the peace process, which is aimed at ending decades of strife between the […]

Govt to Continue Tourism Policy of Maximum Growth

RANGOON — The government will continue the tourism policies set by its predecessor—aiming for maximum growth—and will continue to enumerate day-visitors crossing land borders as “tourists,” in contravention of international tourism standards. These intentions were laid out by Tint Thwin, director general of the Ministry of Hotels and Tourism, at the Myanmar Hospitality & Tourism […]

Securities Commission Says Foreigners Cannot Buy Shares This Year

NAYPYIDAW — The Securities and Exchange Commission of Myanmar (SECM) will not allow foreigners to buy shares on the Yangon Stock Exchange (YSX) this year, said Maung Maung Win, deputy minister of the Ministry of National Planning and Finance. Only two companies have listed on the YSX to date—First Myanmar Investment (FMI) and Myanmar Thilawa […]

Hitachi looks to expand infrastructure business in Myanmar

NAYPYIDAW — Hitachi seeks to utilize its proprietary technologies in IT and other areas to help modernize Myanmar’s infrastructure beyond just the aging rail lines, the chairman of the Japanese conglomerate told The Nikkei during a visit to the Myanmar capital. Much of Myanmar’s railways date back to the British colonial era and the country has been slow […]

Old mindsets could impede Myanmar’s progress

Like most residents of Yangon, Hlaing Tint, a 37-year-old assistant lecturer, rides the bus daily. In this old capital of Myanmar, on the cusp of a new era, buses are usually crowded during rush hours, more so around the bus door. Yangonites love to stay close to the door for an easy exit, even though […]

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. […]