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Myanmar to Join International Anti-Corruption Academy

YANGON—Myanmar’s Union Parliament has approved a proposal for the country to sign on as a member in the International Anti-Corruption Academy (IACA), in a bid to expand the capacity of the country’s own anti-graft body. The proposal to join the global institution was put forward by President U Win Myint last month. During parliamentary sessions […]

Myanmar tycoon Serge Pun joins panel in North Korea

Influential Myanmar tycoon Serge Pun, owner of one of Myanmar’s largest conglomerates, is currently in North Korea as part of an exchange program organized by the Singapore-based CHOSON Exchange, an organization that brings professionals from around the world to connect with North Korean university students, institutions and officials. Serge Pun’s Yoma Strategic Group, listed on […]

Union ministers come under fire for corruption

President U Win Myint has reportedly decided to replace Union Industry Minister U Khin Maung Cho for his involvement in a corruption scandal, Myanmar Times understands. This makes him the second minister to step down on counts of corruption. In May last year, U Kyaw Win relinquished his position as finance minister in the midst […]

Calls to legalise wildcat oil-well operators

There is a need to legalise the activities of the wildcat prospectors whose hand-dug oil wells dot the land in Magwe Region, in central Myanmar. These illegal activities are a source of corrupt practices and loss of revenue to the regional government. These wells, a source of income and jobs for many in the surrounding […]

20 Fugitives, Including Judges, Administrators, Wanted on Suspicion of Corruption

Six judges, two district administrators, the head of a police station and a public prosecutor and a lawyer are all on a list of fugitives suspected of corruption, along with other government officials. The list, released Sunday by the Myanmar Police Force, numbers 20 individuals and includes their photographs and personal information. In February 2018 […]

The first ever Myanmar Business Environment Index 2019 Report

  The first-ever Myanmar Business Environment Index provides a tool for Myanmar government, businesses, investors, and the public to better understand the strengths and weaknesses of local economic governance in Myanmar. First pioneered by The Asia Foundation in Vietnam over a decade ago, and adapted to the Myanmar context in partnership with Duke University’s Development […]

Schools told not to enrol students from other townships

Schools in Yangon have been instructed not to accept the enrollment of students from other townships during the coming school year, according to U Ko Lay Win, director general of the Department of Basic Education. He said the same instruction was issued during last year’s enrollment but was not followed, so the department would be […]

Myanmar works to improve corruption image

Myanmar has fallen further in a global corruption ranking but could improve its image following some high-profile arrests this year and as the government moves to strengthen the anti-graft agency. The Corruption Perceptions Index released by Transparency International ranked Myanmar 132 out of 180 territories in 2018, down two places from 2017. The Berlin-based global […]

New Tanintharyi Chief Minister Pledges to Tackle Power, Land Issues New

The new Tanintharyi Region chief minister has vowed to address power shortages and land disputes in the region. As he took the oath of office as the region’s new chief minister on Monday, U Myint Maung promised “to return to local farmers the farmland that private companies have left idle, for the development of the […]

Shining a Light on Shady Business in Myanmar’s Extractive Industries

The global debate on the discloser of beneficial ownership, especially in the extractive industries, is scaling up. More access to information about who really benefits from the revenues is raising accountability and helping in the fight against corruption. Myanmar, an Extractive Industries Transparency Initiative (EITI) candidate country, formed a Beneficial Ownership Taskforce in June to […]