Government “ready” to offer loans to SMEs

The country’s biggest business and industry advocacy group has called on the government to change its policy on loans to better cater for the needs of small businesses.The government needs to change its loan policy, decrease interest rate, increase loan period and support the acquisition of technical know-how for SMEs, U Wai Phyo, Union of […]

China Faces Increasing Competition in Myanmar

Chinese domination of Myanmar can not be denied, as China is Myanmar’s top trading partner, and over the past three decades has also emerged as the single largest source of foreign direct investment (FDI) in the southeast Asian state. Myanmar-China bilateral trade had already reached $5.5 billion in the first half of the present fiscal […]

Education always a major focus for Japan’s bilateral cooperation with Myanmar

Myanmar and Japan enjoy a long-standing strong bilateral relationship across a wide range of political, economic, social and cultural spheres. Reflecting this, Japan’s economic cooperation to Myanmar dates back to as early as 1954. Throughout the history of the bilateral cooperation, education has always been a major area of focus, as Japan sees it as […]

Parents in the dark regarding basic education reforms

To meet international standards, the new curriculum – focusing on requisites for the 21st century – was drawn up by local and foreign experts Over the past five academic years, a noticeable change in Myanmar’s education sector – which was gradually undergoing transformation since 2010 – was the reformation of its basic education curricula. Commencing […]

Japan’s aid agency downplays possible clash with China’s BRI

For decades, Japan poured development aid into its own backyard of South-east Asian nations, and reaped the dividends of peace, stability and prosperity in Asia. But some say the Japanese policy of building infrastructure to smoothen regional trade may come into conflict with China’s Belt and Road Initiative (BRI) that aims to develop trade routes […]

Fish breeding implemented in Yangon Region

Increasing the numbers of butterfish, or Nga-Myin, which fetch a good price in Japan and other countries, is being undertaken in a fish farming centre in Twantay Township, Yangon, according to the Fishery Department of Yangon Region. At the fish farming centre, butterfish are being bred through artificial insemination, officials said. The hatched fish will […]

Japanese-style visualized books make studying fun in Myanmar

YANGON–First-grade children here are finding studying more fun with Japanese-style highly visualized textbooks replacing their word-packed, picture-scarce old ones. The new textbooks have been adopted from the start of Myanmar’s new school year in June and are the first upgrade in about 20 years, thanks to a project spearheaded by the Japan International Cooperation Agency […]

New Hantharwaddy airport to finalise plans in early 2018

Myanmar’s Department of Civil Aviation (DCA) is set to sign the final agreement for the construction of Hantharwaddy International Airport in early 2018, the agency’s deputy director general told The Myanmar Times. The new airport, located on the outskirts of Yangon, would be able to handle more passengers and it will have modern facilities, according […]

JICA draws up development plan for Tanintharyi and Dawei SEZ

Japan International Cooperation Agency (JICA) will take the lead in the drafting of the master plan for Tanintharyi Region, according to a representative from JICA. The Myanmar government has asked the Japanese government for help in drawing up the Tanintharyi Region’s development master plan along with a comprehensive development plan for the Dawei special economic […]

Our leaders should ask for more financial support: Dr Thaung Han

Dr, Thaung Han told The Myanmar Times in an interview that Myanmar’s leaders should be bolder in asking for loans and financial assistance from international financial institutions. Dr Thaung Han is an adviser of Max Myanmar Holding Co. Max Myanmar operates vehicles and heavy machinery trading and is involved in a wide range of sectors, […]