60% of Investment Already Paid for Suspended Myitsone Dam: Chinese Developer

The Chinese backer of the Myitsone dam project says more than half the funds to construct the multi-billion-dollar project have already been paid to Burma, although the project was suspended last year. Sixty percent of a total $3.6 billion in investment to build the controversial hydropower dam project in Kachin State has been paid, according […]

ANA – Asian Wings: Airline tie-up plans await okay for take-off

Plans for Japan’s largest airline to acquire a stake in Myanmar’s Asian Wings Airways for US$25 million are still to receive government approval, the Myanmar company’s chief executive has stated. Information about All Nippon Airways (ANA) Holdings’ move into the Myanmar airline business leaked ahead of schedule last week, causing a hastily-assembled press conference in […]