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 […]
IIM-Shillong inaugurated an International Student Exchange Program with Mandalay University
March 24, 2017 by
In an initiative to facilitate business between India and Myanmar, the Indian Institute of Management-Shillong today inaugurated an International Student Exchange Programme with Mandalay University. The 10-day Refresher Course in Management is aimed at facilitating MBA students to understand management through a renewed perspective in tandem with the changing global scenario. IIM-Shillong chairman Falguni Rajkumar […]
Taiwan’s ‘Little Burma’
March 22, 2017 by
A short five-minute walk from the Taipei metro terminal station of Nanshijiao lies Huaxin Street. It is here, nestled away in the concrete jungle that makes up Zhonghe District — one of the most densely populated parts of the planet — that Taiwan’s Burmese population has settled over the past several decades. The roughly 40,000 […]
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