Myanmar Strategic Holdings plans further Myanmar expansion with London Stock Exchange float

A company making its debut on the London Stock Exchange today has said it is targeting expansion in Myanmar’s fast-growing consumer sector. Myanmar Strategic Holdings (MSH) is aiming to raise $4.3m (£3.3m) on its admission to the London market which it has announced today, as it targets growing its portfolio to 20 locations in the […]

Nationalist Protesters do not Represent Majority: Government

The government has announced that the protesting monks in Yangon and Mandalay represent neither the majority of the Sangha mass nor the people’s wishes. The Ministry of Religious Affairs and Culture released the statement on August 3 concerning the week-long protest of about 100 nationalists including some monks against the government, alleging those in power […]

Action to be Taken Against Fake news Reports

The Ministry of Religious Affairs and Culture has announced on April 30 that it is monitoring the situation and will take appropriate action after ‘fake news’ that Arabic schools in Thaketa township in Yangon Region were closed went viral on social media networks. It said that such fabricated news could potentially cause conflicts and misunderstanding […]

Shwedagon Pagoda to be Discussed as World Heritage Site Nominee

​​ RANGOON — Shwedagon Pagoda will be discussed as an addition to a UNESCO tentative list that will inform future World Heritage nominations, according to a UNESCO Rangoon announcement on Friday. Meetings between UNESCO and the Ministry of Religious Affairs and Culture will be held at Rangoon’s Department of Archeology and National Museum office on […]

Poor renovation work decried as blighting Bagan’s ancient heritage

More than 600 ancient pagodas in Bagan have been ruined by botched renovation work, an architect has claimed. U Sun Oo, a member of the Bagan Management Plan Organising Committee, laid blame for the destruction on the practice of putting out complex and sensitive repair work to tender. Responsibility for maintaining the sacred Buddhist site’s […]

MV TV chief focuses on overseas business, eyes opportunity in Laos, Myanmar

AFTER THE failure to strike a deal with Thai TV Co to run a digital free-to-air MVTV Family channel last year, MV Television (Thailand) appeared to stay away from the spotlight. In the first media interview given since then, Chaiyut Tavipvoradech, president of MV Television (Thailand), reveals his new milestones now that the company’s stronghold […]

Myanmar downsizes government, axes ministries

During a Parliament sitting on Thursday (Mar 17), Myanmar’s Speaker of Parliament said the nation will have 21 ministries and 18 ministers, down from 36 ministries currently. NAYPYIDAW: Myanmar’s Speaker of Parliament announced on Thursday (Mar 17) that the nation will have 21 ministries and 18 ministers, down from 36 ministries currently. During a Parliament […]

Artefacts Uncovered in Bagan Hotel Zone

Archaeological artefacts have reportedly been found in the construction project areas in the Bagan hotel zone, according to U Htay Aung, minister for hotels and tourism. The artefacts were found while inspecting the project site of Sandar Hotel Company, which received the permission to construct a hotel in the Bagan Hotel Zone 2. U Htay […]

Indian government to promote private investment in Myanmar

NEW DELHI: Hoping to give more teeth to its Act East Policy, the Modi government has decided to expand India’s economic links with Cambodia, Laos, Myanmar and Vietnam (CLMV) by promoting private sector investments in these countries through a project development company. his announcement was made by Finance Minister Arun Jaitley while presenting the annual […]

Tourism destinations already under strain, survey finds

Making sure tourism does more good than harm – that is the aim of research conducted by the Myanmar Centre for Responsible Business, whose results were released on February 20 at the MAC Tower in Yangon. Some of Myanmar’s flagship sites such as Bagan, Inle and Kyaikhtiyo are already under environmental and social pressure from […]