Malaysia visa scheme negotiations hit snag

Taking a page out of the workers’ union book, overseas recruiters have found their boycott paid off. A moratorium on sending workers to Malaysia was launched after revisions to the scheme jumped the visa price and allowed a functional monopoly by funneling all applications through a single agency. Yesterday, the feuding parties managed to negotiate […]

Dagon City ‘Will Resume’, Amid Calls for Planning Overhaul

YANGON — Two weeks after the sudden suspension of the Dagon City 1 high-rise project highlighted the inconsistencies of Yangon’s current planning regime, the development appears set to go ahead as planned after a government review is concluded. Along with four other projects nearby, work at the 22-acre Dagon City 1 site was halted on […]

Myanmar Trade Centre reopens after decade-long closure

The Myanmar Trade Centre will resume its operations and local businesses are expected to lease exhibition and meeting venue, Directorate of Trade, Ministry of Commerce, said yesterday. The MTC was shut down following a bomb explosion in May, 2005. Its reopening is slated for later this month. Business operators can lease the MTC for showcasing […]

China’s troubled copper mine back on track

Geng Yi, the managing director of the Letpadaung Copper Mine, is cautiously optimistic that one of China’s largest investments in Myanmar will “soon be back on track”. Months of protests by local farmers and activists had brought operations to a halt. The project, a joint venture between China’s Wanbao Mining and its Myanmar partner, Union […]