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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 […]

Tanintharyi Residents Call on Myanmar’s Aung San Suu Kyi Address Corruption Concerns

Residents of a coastal town in southern Myanmar’s Tanintharyi region demanded Wednesday that State Counselor Aung San Suu Kyi take action against their government over complaints about corruption and poor administration by removing the chief minister and the minister of planning and finance. During a three-day visit to the far-flung region, people at a gathering […]

China clinches multi-billion-dollar strategic port deal with Myanmar

China has clinched a multi-billion-dollar deal to build a port + at a strategic town along the coast of the Bay of Bengal in Myanmar, its third project in India’s neighbourhood after Sri Lanka and Pakistan. China and Myanmar signed an agreement on Thursday to build the deep sea port project in Kyaukpyu town after […]

Why India looks the other way on Myanmar

While the West moves to re-isolate Myanmar after a short period of re-engagement, neighboring India is taking a more realpolitik approach to reports of massive rights abuses by the nation’s security forces. Indeed, India is doing its utmost to improve relations while the United States and European Union impose new sanctions aimed specifically at Myanmar’s […]

Estranged brother of Myanmar’s Suu Kyi bids to sell lakeside home

The estranged brother of Myanmar leader Aung San Suu Kyi said on Thursday he is making a new bid to sell the lakeside house where the democracy activist turned politician spent 15 years under house arrest. Aung San Oo, who spends most of his time in the United States, submitted an appeal at the supreme […]

Calls out for investments in China-Myanmar border economic zone

Union Minister for Commerce Dr Than Myint has called on local entrepreneurs to invest in a border economic zone project in China-Myanmar. “The government has a plan to implement other economic zones. During Myanmar State Counsellor Aung San Suu Kyi’s tour to China last year, a contract was signed on the establishment of trading and […]