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Taking a Quantum Leap to Revamp Myanmar’s Economy

YANGON—Since last year, Myanmar officials responsible for drumming up foreign investment have been shuttling between Naypyitaw and Asian countries to pitch the government’s latest legal, procedural, and institutional reforms to potential investors as part of efforts to revitalize the country’s economy. State Counselor Daw Aung San Suu Kyi often highlights foreign direct investment (FDI) as […]

Myanmar, China to collaborate on infrastructure, technology

State Counsellor Daw Aung San Suu Kyi signed two Memorandums of Understanding (MoU) and one agreement with China on April 25, according to the Ministry of Information. The two MoUs and agreement were signed during a meeting between Daw Suu and Chinese Premier Mr. Li Keqiang during the Second Belt and Road Forum for International […]

Myanmar considers MTF 2020 venues

NAKHON PHANOM, 3 July 2018: Mekong Tourism Coordinating Office’s executive director, Jens Thraenhart, is already floating ideas on where to host the forum in 2020. Myanmar has confirmed it will take up its option to host the Mekong Tourism Forum in May 2020. It will be Thraenhart’s last MTF as the office’s executive director. Talking […]

Vietnamese investment surges, sees room for growth in hotels

Vietnam is the ninth largest investor of the 36 countries with investment in the country, with US$513 million invested in seven projects as of the end of April, according to a June 26 forum linking businesses between the two countries. Bilateral trade is also surging, the forum was told. During the first four months of […]