Ministry to allow local and foreign investment forest plantation projects

Approval of the present government will be given to forest plantation projects involving local and foreign investments in forest reserves and protected forest areas, Union Minister for Natural Resources and Environmental Conservation U Ohn Win told Amyotha Hluttaw yesterday. Establishment of private forest plantations have been allowed since 2006-2007 FY for enabling wood-based industries to […]

MoHT hopeful tourism law will ease industry headaches

PLANS are being made to allow the Myanmar Hotel and Tourism Law to be enacted before the current year is out, according to the Ministry of Hotels and Tourism. “There should be laws [in place] for any place or job; sectors are weak without them. Since this law is for development of the tourism sector, […]

Sky Net Selects Gilat’s Network for Cellular Backhaul in Myanmar

Sky Net and Gilat win MNO bid for quick deployment of cellular networks under some of the most challenging equatorial terrain and climatic conditions Israel, June 02, 2016 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (NASDAQ:GILT) (TASE:GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that Sky Net, a leading Myanmar […]

Parliament approves large loan for Dala-Yangon bridge build

The Pyidaugnsu Hluttaw has given the go-ahead to a US$138 million loan from South Korea to build a bridge between Yangon and Dala – a project that will cost nearly $170 million. The $137.8 million loan from South Korea’s Economic Development Cooperation Fund, which will go to Myanmar’s Ministry of Construction, gained approval on May […]

Social welfare in spotlight as budget debate set to resume

A comprehensive social protections policy that spans the lifecycle from pregnant women to the elderly is set to kick off this year – if advocates can secure a budget for the plan. Parliament is scheduled to begin wrangling out an allocation for the strategy on March 6, but MPs predict the chronically underfunded social welfare […]

Large extension for Yangon on the table

Yangon mayor U Hla Myint said an extension to Yangon City is being planned to the west of the existing city under the auspices of the regional government, though other members of the regional parliament said they had not heard of the plan until the announcement. Covering an estimated 30,000 acres, the expansion is required […]