Myanmar is set to cooperate with Hong Kong in addition to other countries along China’s Belt and Road Initiative, announced Minister of Investment and Foreign Economic Relations U Thaung Tun during the Fourth Belt and Road Summit 2019 in Hong Kong on September 11 and 12. The summit was organised by the government of Hong […]
China hardsells big ticket but low on trust, India’s soft power push in Myanmar education and health
As Delhi seeks to expand its engagement with Myanmar, it is in sectors such as education, health and entertainment services that India hopes to make an impact in a country crowded with several international players, and completely dominated by China. In a state-of-the art classroom at the steel and glass Myanmar Institute of Information Technology […]
Myanmar negotiating with Chinese consortium on deep-sea port project in western state
YANGON, (Xinhua) — Myanmar is negotiating with a Chinese consortium to carry out a strategic deep-sea port in Kyaukphyu, western Rakhine state, as part of the planned special economic zone (SEZ) in the region, according to a report of the official Global New Light of Myanmar Sunday. The negotiation between Myanmar’s Commerce Ministry and the […]
Political make-up a bottleneck for Shan economy
The political make-up of the state’s executive and legislature results in a lot of time and energy spent on negotiations instead of implementing sweeping economic reforms in Shan, according to a local chamber of commerce. The state needs political stability and it needs to generate value-added agricultural products in order to grow its economy. Shan […]
Frustration mounts as Kyaukphyu port negotiations stall
Kyaukphyu’s Chinese investors have hit back at criticisms over their majority stake in a proposed deep-sea port in Rakhine. They emphasised that it was the Myanmar government who drew up the shareholder structure and that the ball is in Nay Pyi Taw’s court to break the inertia and move the negotiations forward. Kyaukphyu is the […]
Proposed port and highway to align Ayeyarwady with Belt and Road
Ayeyarwady may follow Kyaukphyu and Dawei to be the next region in Myanmar to embrace a deep-sea port together with other infrastructure projects, with a feasibility of the scheme currently under progress. U Ye Lin from Myanmar Construction and Development Public Co said that a feasibility study is being carried out jointly with South Korea-based […]