fbpx

Chinese companies investing in Myanmar have ‘a lot of work to do’ to convince public

Transparency must be improved and deep concerns addressed, says former presidential adviser Aung Tun Thet. A raft of infrastructure deals have just been signed, including for a strategically important deep-sea port project. Chinese companies need to improve transparency when they invest in Myanmar, a former presidential adviser in the Southeast Asian nation said, after the […]

The Myanmar-China pact is a setback for India

The state visit by Chinese President Xi Jinping to Myanmar on January 17-18, the first of its kind in 19 years, was a transformative event in regional politics from the perspective of China-Myanmar bilateral relations as well as regional security, something that should be of major concern for India. A “comprehensive strategic partnership” is moving […]

Speculative Yangon City Mega-Project Draws ‘White Elephant’ Concerns for Myanmar

YANGON: On the western bank of the muddy Hlaing River, development and prosperity is a distant view. It can be seen across the expanse of water in the rising apartment blocks, office buildings and grinding industry. Over there is Yangon proper, a city of some six million people and the economic hub of Myanmar. Over […]

Time to Deliver

The Myanmar government knows it needs to improve the country’s economic performance and extend the benefits of development more evenly across society. With elections only a year away, the ruling National League for Democracy (NLD) needs some big wins to prove to the country’s entrepreneurs and the urban middle class that it is pro-business. In […]

The Rise and Fall of an Australian Media Mogul in Southeast Asia

ROSS DUNKLEY was thinking of quitting journalism when he met Rupert Murdoch, a fellow Australian, on a friend’s yacht off the coast of Rhode Island during the America’s Cup boat race in 1983. He had grown tired of working for other people in a newsroom; he wanted to return to his family roots and become […]

Myanmar State Counsellor calls on public not to panic over banking industry rumours

Myanmar State Counsellor Aung San Suu Kyi conveyed a message through MPs from her party to people not to panic over the current rumours related with the banking and finance industry. She said these words at a meeting with MPs of the lower house and upper house from her National League for Democracy party from […]

Silk Road sweeteners: China woos Myanmar’s NLD with junkets

The National League for Democracy was forged in an uprising against one-party rule. Its activists spent years in jail under Myanmar’s military junta. But since taking power three years ago, the party led by Nobel laureate Aung San Suu Kyi has found an unlikely ally – the Chinese Communist Party. The friendship has blossomed in […]

Myanmar investment inflows double from China as deals surge

YANGON — Foreign investment shows signs of recovering in Myanmar, one of Southeast Asia’s frontier markets, led by more than twofold gains in inflows from China and Singapore. Approved foreign investments rose 79% on the year for the six months ended in June, reaching $2.35 billion, according to Myanmar’s Directorate of Investment and Company Administration. […]

Myanmar state counselor stresses utmost effort to increase power production

YANGON, May 18 (Xinhua) — Myanmar State Counselor Aung San Suu Kyi has stressed the need to make utmost effort to increase electricity production, saying that the government has set up new infrastructure for the power system including installation of new cable lines and opening of new sub-power stations. Aung San Suu Kyi, who is […]

China’s Dynamic Grip on Myanmar

China’s influence in Myanmar manifests on three different levels. At the bilateral level, the government and the military establishment of Myanmar receives diplomatic dividends for maintaining good ties with China. At the domestic political level, China’s relations with the country’s ethnic organizations makes it an important stakeholder in the ongoing reconciliation process. Finally, at the […]