Duterte: Myanmar should use the many opportunities for education and training that Philippines offer

In his address Duterte, stressed the importance of inclusive economic growth in the region. “In trade and investment, we must sustain our growth rates so that everyone, I mean everyone in our societies enjoy the blessings of prosperity.” Duterte pointed out that previous areas of cooperation have been rather fruitful for both sides in the […]

Myanmar’s Foreign Trade Volume Tops US$26 Billion

​​ Myanmar’s foreign trade volume has reached US$26billion, a figure that is larger than that of the same period of last year, the Ministry of Commerce reported. Myanmar’s foreign trade volume was US$26.4billion in total from April to March 2016-2017 fiscal years, which is S$547.6million higher, compared to the same period of the last year. […]

Myanmar- Thai Border Trade Rises $200m

​​ Myanmar’s border trade with Thai­land increased by about $200 million in the current fiscal year 2016-2017 as of March 3rd, as compared with the same period of the last fis­cal year, official media re­ported last Thursday. Myanmar-Thai bilateral border trade amounted to $1.2 billion while that of the last fiscal year was $1 billion […]

Softline and Microsoft Target Local Banks With Launch of Cloud Services

​​ Moscow- based global IT solu­tions and service provider, Softline, is look­ing to sell its cloud secu­rity services to customers in Myanmar’s emerging financial sector, one of the company’s executives told an audience at its Yangon product launch. Softline will be team­ing up with long-time partners US software gi­ant Microsoft to provide ICT and cloud […]

Two-Lane Highway to Link Thailand and Dawei SEZ

​​ Visits to Myanmar led by the deputy prime minister of Thailand, followed by a visit from the minister of transportation of Thailand who met with Vice President Henry Van Thio in February, resulted in an agreement to continue the Dawei SEZ project within a month. Pisanu Suvanajata, the Thai ambassador to Myanmar who attended […]

Taxi-hailing service Grab to launch in Myanmar

Grab, the Southeast Asian rival to Uber, has launched a trial of its taxi-hailing service in Myanmar, its first expansion to a new country since 2014. The Singapore-based startup, valued at more than $3bn last September, announced on Tuesday that it was operating a trial of GrabTaxi in Yangon, working with a small group of […]

How Did Myanmar’s Reforms Change Its Relations With China?

I first visited Myanmar (formerly known as Burma) in February 2013, two months after then-U.S. President Barack Obama’s landmark visit to that country. One thing that has been inscribed in my fond memories of the visit is that many street vendors in Yangon (formerly Rangoon) were hawking T-shirts with Obama’s headshot and a caption above […]

South Korea in Myanmar: Missing the Train to Naypyitaw?

South Korea’s interest in Myanmar lies in its economic assets: cheaper labor costs, a sizable market of around 51 million people, and natural resource wealth. Yet Myanmar has unrealized potential to play a much greater strategic role for South Korea. South Korea’s economic presence in the country is wide-ranging and Seoul has emerged as an […]

Myanmar’s toxic legacy of large dams

The country’s first strategic environmental review provides a chance to demand more from investors and dam builders, but is still being seen as too little, and leading to fierce resistance by marginalised communities. In September spectacular drone footage revealed the beauty of the waterfalls, rapids, ancient temples and islets of the Nam Pang River, a […]

Rangoon Mayor Announces Regional Plans to Ease Guesthouse Restrictions

​​ RANGOON ¬– The Rangoon divisional government plans to relax restrictions on guesthouses and hostels, according to Rangoon mayor U Maung Maung Soe, yet Union laws barring international visitors from staying in such establishments remain intact. U Maung Maung Soe said that in April, the divisional government would amend the 2013 municipal law which sets […]