Laos to share hydropower development expertise with Myanmar

VIENTIANE, Aug. 13 (Xinhua) — A hydro-electric-powered energy revolution has been afoot in South-East Asia over recent years with the movement of fresh and fast-flowing waters increasingly fueling the consumption of larger amounts of energy resources to spur socio-economic development, poverty reduction and improvements in both urban and rural areas. The region’s most diminutive nation […]

Myanmar’s objection may block Thai heritage claim

Overlapping of border cited as reason; Thailand has time until October to resole issue before seeking Unesco recognition for Kaeng Krachan forest. THAILAND FACES an uphill task pushing for inscription of the Kaeng Krachan Forest Complex (KKFC) as a World Heritage site after Myanmar raised concerns over boundary issues, but the Kingdom has until October […]

KATRI to assist development of Myanmar textile export sector

No 3 Heavy Industry under the Ministry of Industry will work with Korea Apparel Testing Research Institute (KATRI) to improve Myanmar’s textile sector to enter the international market, according to Dr. Eun Ho Shin, the in-charge of KATRI. The cooperation aims at promoting the textile industry a under three-year-project to effectuate the development of the […]

Boldly going: the exotic ‘frontier’ markets that intrepid investors are tipping for take-off

It was 15 years ago that academics began to predict a shift in economic power from the old order of developed economies to the newly named “Bric” nations. Ever since, Brazil, Russia, India and China have been regarded as the coming powers, blessed with young populations, fast-urbanising societies and natural resources to fuel rapid growth. But the Bric […]

Myanmar might soon see direct flights from Turkey

THE Department of Civil Aviation (DCA) has inked another air service agreement, paving the way for direct air links between Myanmar and Turkey. Myanmar and Turkey signed the first-ever bilateral air service agreements last week, allowing airlines of both countries to start services and strike up codeshares for flights between Yangon and Istanbul. This paves […]

Marrybrown scores a first in Myanmar

Malaysia-based quick service restaurant operator Marrybrown Sdn Bhd became one of the first international company to open an outlet in Myanmar, according to Malaysian media reports. The company’s business development manager Joshua Liew told The Star that Marrybrown wanted to take advantage of the country’s open-door policy by becoming the first Malaysian quick service restaurant […]