Suu Kyi’s man in Yangon under fire over transit deal with China

Aung San Suu Kyi’s first major infrastructure project could hardly be more visible – hundreds of new yellow buses now plying the streets of Yangon in what her ruling party hopes will be a potent symbol of how it is transforming peoples’ lives. But two deals to import 2,000 buses from China estimated at more […]

The construction of BCIM Economic Corridor vs. Myanmar

The BCIM Economic Corridor is the economic link connecting the Ganges River of India, the Ayerwaddy River of Myanmar, and the Mekong River of Indo-China. It is the lead bridge connecting the Pacific Ocean and the Indian Ocean. It is a market focus point for China, South and South East Asia. Therefore, building of the […]

China freezes bank accounts of Myanmar companies

Three banks in Yunnan Province, China froze the bank accounts of over 100 Myanmar companies engaged in border trade last week over possible links to illegal internet gambling and smuggling, prompting swift action from the Union Minister for Commerce to try and reopen the accounts, according to officials in China and Myanmar. The frozen accounts […]

China lobbies to legalise rice trade

The world’s most populous nation is increasing its imports of Myanmar rice each year, but from Beijing’s point of view the imports are illegal as there is no sanitary and phyto-sanitary agreement on rice standards between the two countries. China’s commercial attaché at its Yangon embassy visited the Myanmar Rice Federation’s (MRF) office on July […]