Belt and Road is not the only game in town

Belt and Road is not the only game in town for Myanmar. Without doubt, the scheme is important and relevant; nonetheless, it is just part of the opportunities Myanmar has access to. The government, businesses and other stakeholders should act decisively to seize the opportunities, within and beyond the Belt and Road. In the past, […]

Our leaders should ask for more financial support: Dr Thaung Han

Dr, Thaung Han told The Myanmar Times in an interview that Myanmar’s leaders should be bolder in asking for loans and financial assistance from international financial institutions. Dr Thaung Han is an adviser of Max Myanmar Holding Co. Max Myanmar operates vehicles and heavy machinery trading and is involved in a wide range of sectors, […]

Adviser: Actually, the Government Has Made Significant Strides on the Economy

Government economic adviser Sean Turnell has hit back against a barrage of recent criticism over the performance of the National League for Democracy (NLD)-led administration during its first year of office. The government’s achievements on the economy were “considerable” and “too often overlooked” the adviser said. Daw Aung San Suu Kyi’s government has been bruised […]

A National Education Strategic Plan for a prosperous, peaceful and united Myanmar

The first National Education Strategic Plan (NESP) was launched today in Nay Pyi Taw by Myanmar’s State Counselor Daw Aung San Suu Kyi. The Plan includes a common policy framework which sets the strategic directions for the next five years; a clear road map for guiding all investments in the sector, both domestic and international; […]

India Petroleum Minister visits Myanmar for strengthening Hydrocarbon Relations

The Minister of State for Petroleum and Natural Gas, Dharmendra Pradhan is on an official visit to Myanmar to enhance regional cooperation in the Hydrocarbon sector with the neighbouring country. India and Myanmar have historical and close relations which have withstood the test of time. We both share a long land and maritime border. As […]

The Budget: What Do Taxpayers Want?

\ In Nay Pyi Taw, preparations are now well advanced for finalising the budget and Union tax law which will establish the Government’s revenue-raising and spending priorities for the 2017-18 financial year. It is an annual event that always encourages advance speculation. But this year it is being more eagerly anticipated than usual because it […]

Construction and Real Estate Sectors Pin 2017 Hopes on New Legislation

​​ The construction sector will be glad to see the back of 2016 – a year in which a political transition, a high-rise review and a volatile currency conspired to leave many developers battered and bitter. But there were also signs of a fragile recovery in the real estate market, and new laws set to […]

Animosity in a Burmese Hub Deepens as Chinese Get Richer

MANDALAY, Myanmar — From damp and drizzly London, the siren of British imperialism, Rudyard Kipling, wrote a poem that captured the palm trees, pagodas and temple bells of Burma during colonial rule. The romance of that verse, “Mandalay,” became a refrain for the exotic East, and of this city, in particular, once a royal capital […]

The Lady’s Painting Generates Auction Buzz

An enigma in pastel shades, the picture of a fish behind bars, at once poignant and pregnant with meaning, was painted by Daw Aung San Suu Kyi while under house arrest in 2009. It is now being auctioned to raise money for the non-profit Daw Khin Kyi Foundation. The charity was established in 2010 by Daw Aung […]

Govt Unveils Detailed Economic Policies

NAYPYIDAW — Long-awaited detailed economic policies were announced by the government in Naypyidaw today with State Counselor Aung San Suu Kyi pledging a secure business environment for both local and foreign investors. “I would like to invite all business people to work with us,” the state counselor said. “That is why we host this meeting.” […]