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Myanmar to Host Forum to Lure Foreign Investment in Deep South

The Tanintharyi regional government is preparing to hold an investment forum to attract foreign investment to Myanmar’s southernmost region, which is rich in natural resources, particularly pearls and minerals, and home to many tourist destinations on the Andaman Sea coast and islands. The Tanintharyi Investment Forum is set to be held from Oct. 26-27 in […]

Upgrade infrastructure to attract global manufacturing, GMS told

There is a significant need for Mekong region countries to upgrade their infrastructure to take on a larger share of global manufacturing, said Sok Siphana, chairman of independent Cambodian think-tank Asian Vision Institute (AVI). “The promotion of the free flow of goods, services, investment and skilled labour within the Greater Mekong Subregion (GMS) could further […]

Is Myanmar Ready to Become a Regional Trade and Supply Hub?

Japanese Prime Minister Shinzo Abe recently pledged to promote more than 150 quality infrastructure projects in five nations in the Mekong River subregion—Myanmar, Thailand, Vietnam, Cambodia and Laos—under a new blueprint, the Tokyo Strategy 2018 for Mekong-Japan Cooperation, which will be effective from 2019 to 2021. Japan and China are competing for influence in Southeast […]

Dawei SEZ to be Put on Track

The government will seek ways to put the once-suspended Dawei Special Economic Zone back on track as it is considered to benefit not only Myanmar but also the south-east Asia region. “To implement the project, ways must be sought to hold talks between Myanmar, Thailand and Japan” said Vice President U Henry Van Thio. The […]

Where Will Myanmar’s Energy Come From?

Myanmar’s high growth in electricity demand — rising by around 13 percent annually — is a challenge for the government. Demand is estimated to reach 4,500 MW by 2020 and 13,410 MW in 2030. Currently there is no plan to meet this high demand. High-level policy shifts and unclear policies within the cabinet and ministries […]

Limited Links Sink Myanmar’s Potential

Despite its 2,000 kilometer-long coastline, reaching from Bangladesh to the west and Thailand to the east, Myanmar is home to only nine functioning ports, with the one in the commercial capital of Yangon spread across various sites and run by different owners. The ex-capital currently handles 95% of the country’s maritime trade. Annual port throughput […]

Implementation is key: ADB Vice President

​​ Myanmar has tremendous potential for development and the government is on the right track. These are the comments of Stephen Groff, Asian Development Bank’s vice president for East Asia, Southeast Asia and the Pacific. In an exclusive interview at Yangon office on March 7, he discusses importance of implementation, infrastructure investment and meetings with […]

CRBC on road to deals in Myanmar

China Road and Bridge Co Ltd has won a bid-winning notice from Myanmar’s Ministry of Construction to build two sections of road in the Greater Mekong Subregion, chairman Wen Gang announced on Thursday. Wen said CRBC’s Myanmar office received a bid-winning notice for the Eindu-Kawkareik Road Improvement Project, Lot 1 and Lot 2, issued by […]

Mandalay dumps plastic bags

MANDALAY, 11 June 2015: Mandalay’s city officials say they wlll encourage tourism and shopping establishments to abolish plastic shopping bags and use alternatives that are more environmentally friendly. Global New Light of Myanmar media reported Mandalay City Development Committee discussed how to become a plastic bag free city during a meeting with owners of restaurants, […]

Thailand, Myanmar kick start Mega Joint Familiarisation Trip

Bangkok, 18 May, 2015 – The Tourism Authority of Thailand (TAT) and the Ministry of Hotels and Tourism, Myanmar together with Bangkok Airways have announced the launch of the Mega Joint Familiarisation Trip between Thailand and Myanmar” project with an objective of promoting tourism products and services in Thailand and Myanmar to long-haul European and […]