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Civilians trapped as Myanmar rebels squabble over expected China boom

With artillery exploding around her village in Myanmar’s northeast, 70-year-old Nan Nyunt fled to a monastery, one of thousands of civilians trapped between rebel groups who are fighting for influence as a China-driven economic boom looms. “Houses were on fire and a buffalo died,” she told AFP, huddled on the floor with other elderly displaced […]

RecyGlo cleans up in recycling

Coloured waste bins line the walls of RecyGlo’s office in Yangon. Blue is for paper, red for plastic, green for aluminium and black for general waste. The waste is being separated for recycling. “If the plastic, glass and cans that we discard daily are not systematically sorted, recycled and reused, it will have an impact […]

MoneyGram and MCB announce money transfer services

MoneyGram and Myanmar Citizens Bank (MCB), have announced an agreement to provide money transfer send services at every MCB bank location in Myanmar. According to a statement, consumers can send money from 42 branches to any MoneyGram location in more than 200 countries and territories worldwide. In celebration of the new agreement, MoneyGram is offering […]

More investments needed for expansion in food-processing industry

The Myanmar processed food industry needs more investment support in order to develop further, U Aye Win, chair of the Myanmar Food Processors and Exporters Association, told The Myanmar Times. Currently, Myanmar processes basic raw commodities such as rice, beans, maize and other agricultural products. Excess products are exported. However, the country also imports value-added […]

Myanmar should develop domestic production to grow local economy: Czech Republic

Myanmar should enhance domestic production and develop its local markets, says Martin Tlapa, Deputy Minister for Foreign Affairs of the Czech Republic, during a talk entitled “Economic Transition: The Czech Experience and its Relevance for Myanmar” last week. In sharing appropriate approaches with Myanmar, Mr Tlapa said Myanmar should enhance the production of domestic products […]

Wartsila signs Myanmar gas engine plant deal

Wärtsilä has signed a five-year operation and maintenance deal for a 145 MW gas engine plant it is building in the Mandalay region of Myanmar. The Kyaukse plant is powered by eight of Wärtsilä’s 50SG gas engines and is being built on a fast-track basis to alleviate electricity shortages in Myanmar. The plant’s electricity will […]

Greenovator leads the trend in Myanmar’s agri-technologyCorporate

Amid surging demand for technology in Myanmar’s agriculture sector which involves a majority of its population, young entrepreneurs at Greenovator Co have set their heart on playing a leading role in the nation’s agri-tech, according to Yin Yin Phyu, the firm’s co-founder and director of operations. Yin Yin Phyu said in an exclusive interview with […]

New Yangon City Chief Grilled Over Chinese Contractor’s Reputation

The CEO of the company developing the controversial New City project on the west bank of the Yangon River has defended the involvement of a Chinese firm with an international reputation for engaging in bribery and corruption. The Yangon government-backed New Yangon Development Company (NYDC) last year signed a US$1.5-billion (about 2.3 trillion kyats) framework […]

Tanintharyi Chief Minister Arrested on Bribery, Corruption Charges

Tanintharyi Region Chief Minister Daw Lei Lei Maw was arrested on bribery and corruption charges in Dawei on Sunday, according to the Anti-Corruption Commission (ACC). ACC spokesperson U Kyaw Soe confirmed to The Irrawaddy that the chief minister has been detained at Dawei Myoma Police Station, together with Global Grand Services (GGS) Managing Director U […]

Myanmar’s digital game changers

According to We Are Social, Myanmar counted 18 million internet users in 2018. Internet penetration in the country continues to rise at an impressive pace. This growth is driven by the massive adoption of new digital services that aim to make life better in Myanmar. They are global or at least regional phenomena. These tech […]