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Daw Suu under pressure to drop car import licences for govt officials

Daw Aung San Suu Kyi greets her supporters after the meeting with government officials and people in Bago in March 2019. Daw Suu under pressure to drop car import licences for govt officials Exclusive: Daw Aung San Suu Kyi’s government is under renewed pressure to drop plans to award tax-exempt car import licences to senior […]

Businesses want momentum in energy sector sustained beyond Myanmar elections

Myanmar needs to continue pushing out power tenders and policies to develop and reform its energy sector beyond the November elections, according to keynote speakers at a Yangon corporate briefing. Speakers at a panel discussion about the Myanmar energy sector acknowledged the reforms rolled out over the last 12 months intended to attract private investments […]

Oilman calls on Myanmar govt to be more transparent, flexible

With 45 years of experience in oil and gas, Smart Group Chairperson U Kyaw Kyaw Hlaing knows a lot about the industry in Myanmar. “Now that gas prices have dropped, our LNG projects will be more viable, but prices may rise again, so we need to sell the gas as soon as possible to maximise […]

The scrap over Loikaw’s industrial zone

The Kayah State government’s fast-tracking of a Chinese company’s proposal to invest tens of millions of dollars in a forgotten industrial zone in the state capital has angered local activists, politicians and armed groups. When the Kayah State government revealed its plan to overhaul the Loikaw industrial zone in January 2018, timber merchant U Tezar […]

Kachin State’s yemase jade miners and dealers demand a more equitable industry

Myanmar’s deadliest mine collapse in recent history caught the world’s attention in July, but local frustration with an industry controlled by outside companies has been growing for years. This article was supported by the Pulitzer Center on Crisis Reporting It was the deadliest landslide in Myanmar’s recent history – about 200 jade miners buried in […]

Chinese developers sweep up 1GW solar bids in Myanmar

Exclusive: Firms from China have swept up all but one of the solar projects after a tender which was widely criticised for effectively keeping out local and most international bidders. Chinese companies and their consortia have won the bid to build 28 out of 29 solar plants tendered by the Ministry of Electricity and Energy, […]

Myanmar Extends Tax Deadline Until End of Year to Aid COVID-Hit Businesses

YANGON—The Myanmar government has again extended the tax payment deadline, giving pandemic-hit businesses across the country until the end of December to make payments as they grapple with the impact of a second wave of COVID-19. The Ministry of Planning, Finance and Industry (MOPFI) announced on Monday that the government had eased the deadlines for […]

Entertainment businesses in Yangon remain restricted

The Yangon regional government on August 19 instructed recreational businesses such as KTV lounges, bars and nightclubs, including those operating in hotels, to remain closed to avoid spreading COVID-19. The decision comes after the Ministry of Health and Sports warned of a potential second wave of COVID-19 in Myanmar following the detection of four locallytransmitted […]

Mandalay’s famed gem market awaits approval to reopen

Mandalay’s Maha Aung Myay gem-trading centre remains in limbo as regional authorities continue to monitor COVID-19 in the country while deciding whether to allow the centre to reopen. On Sunday, a team from the Mandalay city mayor’s office inspected the market’s efforts to prevent the spread of COVID-19, such as by installing washbasins, providing hand […]

Government to sell affordable housing via balloting system

The government will sell a number of low-cost apartments via a lucky-draw system, rather than a physical auction, to avoid large gatherings amid the COVID-19 pandemic. “The list of eligible buyers has already been announced, and the next step will be to draw the names of applicants from a draw. We will invite MPs and […]