Wiping the slate clean

A TOTAL of 619 people were removed from the previous government’s blacklist yesterday, said Union Minister for Labour, Immigration and Population U Thein Swe. At the press conference in Nay Pyi Taw yesterday The Union minister confirmed that there were 248 locals and 371 foreigners who were erased from the blacklist, and that scrutinising is […]

Power sector: Lofty goals, missed targets

The power sector in Myanmar over the past five years has been characterized by ambitious plans and unrealized targets. While a few power projects have been completed during the outgoing government’s term, others were suspended or cancelled and dozens more remain in limbo. Myanmar remains one of the least-powered countries in Southeast Asia. Just over […]

Myanmar Development Institute (MDI) officially launched

Myanmar Development Institute (MDI) was officially launched, with a workshop to announce its master plan at Nay Pyi Taw recently, according to Korea International Cooperation Agency-KOICA. In collaboration with Korea Development Institute (KDI), KOICA is implementing the one of the flagship projects named ‘Establishment of MDI’ from 2014 to 2019 with 20 million USD. MDI […]

Mobile Team to Check Air and Sea Cargoes

Union Minister U Win Myint said the country’s Mobile Team will check cargoes, being carried into Myanmar via air and water ways, whether they are legal or not. Usually, the Mobile Team examines goods being couriered across Myanmar’s borders in vehicles using the country’s motorways. Union Minister U Win Myint has confirmed a six-month test […]

Garment sector sees more investment

Six foreign invested and three local invested firms were given the green light to invest at the first meeting of newly-reorganised Myanmar Investment Commission on May 31. The meeting was held at Yangon Region branch with 43 items on the agenda, including investment proposals. The companies receiving approval included garment makers, surgical-equipment producers and a […]

Financially-strapped railway sector put out to tender

Four enterprises and lands held under the financially ailing railway industry were put out to tender in order to improve operations and cooperation with private sector involvement, according to the Ministry of Rail Transportation. Officials said tenders were sent out on April 23, and they include the taxi enterprise into Yangon Railway Station, 1.04 acres […]

Myanmar, Malaysia to establish joint commission for economic and technical cooperation

BAGAN__ The Myanmar and Malaysia governments will establish a joint commission for economic, scientific, and technical cooperation later this year, according to Myanmar’s foreign ministry. A memorandum of agreement between the two government to form the commission was signed at Aureum Palace Hotel,Bagan, on Friday during the ASEAN Foreign Ministers’ Meeting (Retreat). The agreement was […]

Myanmar to build factories to produce coaches and locomotive sheds

Myanmar is planning to build factories to produce coaches and locomotive sheds by using the international loans, Than Htay, Union Minister for Rail Transportation said. The announcement was made at the September 29 ceremony to open the Yangon Railway Station’s circular express train. The minister did not reveal the amount of loans from China and […]

Japan nears Dawei participation call

Japan aims to make a decision on the level of its involvement in the Dawei Special Economic Zone project by November, Myanmar officials said. The world’s third-largest economy is mulling possible technical assistance or Official Development Assistance (ODA) support to the SEZ, said U Set Aung, deputy minister for National Planning and Economic Development at […]