Despite travel restrictions and other setbacks as a result of COVID-19, investors from India have shown a great interest in expanding into Myanmar and some have even proposed novel ideas on boosting business and trade between the two countries, said Sunil Seth, President of the India-Myanmar Chamber of Commerce (IMCC). Since international flights to and […]
Xi’s Upcoming Visit to Myanmar Could Reshape the Indian Ocean Region
January 9, 2020 by
A decade after Xi Jinping’s first visit to Myanmar in 2009, Naypyidaw is planning a banquet for another Xi visit, expected to be on January 17, 2020. As part of the preparation, shuttle diplomacy is already underway, with China’s State Councilor and Foreign Minister Wang Yi meeting with Myanmar State Counsellor Aung San Suu Kyi […]
Thai, Indian Firms Selected to Supply Power, Gas to Myanmar New City Near Yangon
August 27, 2019 by
YANGON—The main developer of a controversial new city slated for construction on the western bank of the Yangon River has selected two foreign companies to supply and distribute electricity and natural to for the project. New Yangon Development Company (NYDC) announced on Tuesday that it has chosen Thailand’s PTT Group, comprising PTT, PTTEP and GPSC, […]
More Indian investments expected with better connectivity, bilateral ties
July 24, 2019 by
With a target of becoming a US$5 trillion economy within the next six years, India could overtake the UK to become the world’s fifth biggest economy this year and even surpass Japan to be the third largest in 2025, IHS Markit noted in a report this month. As the only ASEAN member state to share […]
Gov’t takes steps to decentralize tourism sector
March 1, 2019 by
To step up efforts for tourism development in Myanmar, the Union Government will form three committees that will steer the decentralization of tourism services in accordance with the new tourism law, said Vice President U Henry Van Thio. He made the remarks in his capacity as the Chairman of the National Tourism Development Central Committee […]
Govt counting on Asian travellers to boost tourism
January 8, 2019 by
Myanmar’s tourism sector has borne the brunt of the Rakhine refugee crisis, with growth in tourist arrivals dropping to 1 percent in 2018 compared with 7.1pc in 2017, according to the World Bank. The number of western tourist arrivals fell the most, more than offsetting arrivals from Asia. The numbers reflect reports of booking and […]
China-Myanmar oil, gas project benefits both
May 15, 2017 by
The China-Myanmar crude oil and gas pipeline, a pioneer project of the China-proposed Belt and Road Initiative, has brought tangible benefits to both sides, and won broad support. The pipeline project consists of a crude oil pipeline and a natural gas pipeline, which run from the port of Kyaukpyu on Myanmar’s west coast to Ruili […]
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