SINGAPORE: Aung La N Sang feels good. “Amazing”, even, with barely a week having passed since he was crowned Myanmar’s first-ever mixed martial arts (MMA) champion. On June 30, willed on by a thunderous Yangon home crowd, the 32-year-old underdog stunned his undefeated opponent to capture the middleweight title belt of ONE Championship, Asia’s largest […]
Myanmar’s 1st MMA champ Aung La N Sang: ‘I’m no politician, but I fight for my people
July 17, 2017 by Thiha
Filed Under: Latest News Tagged With: Agriculture Science course, American citizenship, American promotions, Andrews University, Asia’s largest promotion, Aung La N Sang, Channel NewsAsia, civil war, drinking, Drugs, good role model, IDPs, Internally Displaced Persons, jade merchant, Kachin Baptist Church, Kachin flag, Kachin State, local rebels, Maryland, Michigan, mixed martial arts, MMA champ, MMA gym, Myanmar, Myanmar Citizen, Myanmar colours, Myanmar's army, Myanmar’s Ministry of Defence, Myitkyina, ONE championship, opportunities, philippines, political views, unity, us, victory, Yangon
Ruili – A Frontier Market Marked by Soft Power
July 3, 2017 by thiha
In southwest China’s city of Ruili, the gateway to Myanmar, visitors are surprised by the simple and practical ease with which a seamless international border has been drawn — and managed. There is no pageantry here, no elaborate change of armed guards and no bugles. A simple but prominent yellow line divides Myanmar’s Mangxiu village […]
Filed Under: Latest News Tagged With: Andaman Sea, Chinese, Cui Hongji, Kachin State, Lonkin Township, Myanmar Mangxiu Village from Yinjing, Nay Pyi Taw, Shan States, Yi Xin, Zhao Yunshan
World Bank Arm Defends Mandalay Cement Factory Project Amid Civil Society Opposition
July 3, 2017 by Thiha
Following an open letter sent to the World Bank’s President Jim Kim by a coalition of community-based organizations opposing a proposed plan to support the expansion of a cement plant in Mandalay Region and the coal mine that fuels it, the International Finance Corporation (IFC) maintains that the project is worthwhile. The open letter was […]
Filed Under: Latest News Tagged With: Burma’s banking industry, Civil society groups, coal mine, coal projects, controversial palm oil project, Dinant Corporation’s plantation project, Earth Rights International, Environmental and Social Impact Assessment, ERI, ERM, ESIA, financial backing, IFC, IFC’s water mangement plan, Irrawaddy, Kachin State, Karen activist Ka Hsaw Wa, Karen Environment and Social Action Network, KDNG, KESAN, Mandalay Cement Factory Project Amid Civil Society Opposition, Mandalay Region, military forces, Myanmar, Myanmar civil society, Myitkiyna, NGO, Sagaing Division, Shwe Taung Cement Company, Shwe Taung Group chairman Aik Htun, Sino-Burmese tycoon, STC, The Asia Wealth Bank, The International Finance Corporation, the Kachin Development Networking Group, the Shwe Taung Cement Factory, the UK-based Environmental Resource Management, the World Bank’s President Jim Kim, US authorities, US oil, Vikram Kumar, WASHINGTON, World Bank Arm, World Bank chief Jim Kim, World Bank coal-screening criteria
China-Myanmar Border Economic Cooperation Zone Location Speculated
June 8, 2017 by thiha
Zhou Rong, a senior research fellow at the Chongyang Institute for Financial Studies at Renmin University of China in Bejing, told the Chinese state-run Global Times that the China-Myanmar Border Economic Cooperation Zone was likely to be established at the border between Yunnan province and Kachin State. On May 17, the Communist Party-run newspaper quoted […]
Filed Under: Latest News Tagged With: China Myanmar Border Economic Cooperation Zone, Chongyang Institute for Financial Studies, Global Times, Kachin State, Ministry of Commerce, National Institute of Global Strategy, Renmin University of China in Bejing, State Counsellor Daw Aung San Suu Kyi, The Myanmar Times, U Than Myint, Union Minister, Zhao Jianglin, Zhou Rong
Commit-and-Act Approach Expected Among Investors
May 1, 2017 by thiha
Despite the 30 percent drop in FDI compared to the preceding year, the inward FDI in the financial year 2016-17 was moderately satisfactory, with US$6.6 billion. That amount mainly derived from the transport and communications sector. The sector alone attracted US$3 billion FDI, making it the top sector in terms of FDI. However, it is […]
Filed Under: Latest News Tagged With: Ayeyarwady, Bago, Chin State, Communications Sector, FDI, Kachin State, Kayah State, Kayin State, MIC, Mon, Myanmar Citizens, Myanmar investment commission, Nay Pyi Taw, Rakhine State, Sagaing Region, Shan State, Tanintharyi, The New Myanmar Investment Law, Transport
All of Chin and Rakhine, Most of Kachin to Offer 7-Year Tax Breaks Under New Investment Rules
March 10, 2017 by thiha
The Myanmar Investment Commission has released a list of townships that will be able to offer investors special income tax exemptions under the new investment law, due to come into effect next month. The commission has divided the country’s townships into three categories from Zone 1, least developed, to Zone 3, most developed. Investors […]
Filed Under: Latest News Tagged With: Kachin State, Man¬dalay, Myingyan, Ngazun, The Myanmar In¬vestment Commis¬sion, Township in Chin, U Aung Naing Oo, Yangon
MIC divides country into three categories
March 7, 2017 by Thiha
The Myanmar Investment Commission has established three development categories, offering different income tax exemptions depending on the level of development. Under the Myanmar Investment Law, the least developed zones include 14 townships in Kachin State, seven each in Kayah and Kayin, nine in Chin, 35 in Sagaing Region, four in Tanintharyi, five in Bago, 13 […]
Filed Under: Latest News Tagged With: Ayeyawady, Bago, Chin, developed regions, Foreign Investment Law, income tax exemptions, Kachin State, Kayah, Kayin, least-developed regions, Magway, mandalay, MIC, Ministry of Planning and Finance, moderately developed townships, Mon, Myanmar Investment Law, rakhine, Sagaing, Shan, Tanintharyi, The investment promotion plan, The Myanmar Investment Commission, Yangon
Shwedagon Pagoda to be Discussed as World Heritage Site Nominee
February 16, 2017 by thiha
RANGOON — Shwedagon Pagoda will be discussed as an addition to a UNESCO tentative list that will inform future World Heritage nominations, according to a UNESCO Rangoon announcement on Friday. Meetings between UNESCO and the Ministry of Religious Affairs and Culture will be held at Rangoon’s Department of Archeology and National Museum office on […]
Filed Under: Latest News Tagged With: Bagan, culture, Hkakabo Razi, Kachin State, Ministry of Religious Affairs, National Museum, Natural Heritage, Protection of World Cultural, Pyay Road to Shwedagon, Rangoon, Rangoon Department of Archeology, Shwedagon Pagoda, Unesco, UNESCO Rangoon, World Heritage, Yangon Heritage Trust director Daw Moe Moe Lwin
What the US can learn from Myanmar about infrastructure investment
January 12, 2017 by Thiha
America’s infrastructure is headed down a bumpy road, and unless the country takes drastic action to fix its ailing transport, water, and other infrastructure systems, it might well wind up with the types of struggles I’ve witnessed recently in Myanmar. I am here in Myanmar teaching an international business class for our MBA students as […]
Filed Under: Latest News Tagged With: America's infrastructure, aung san suu kyi, British colonial rule, Chicago, China, civilian government, Corruption and bureaucracy, Depreciation, Director of Management and Budget, economic development, federal government, General Ne Win, India, Kachin State, Los Angeles and San Francisco, mandalay, MBA, Missouri, Mr Trump, Myanmar, Myitkynia, National League for Democracy, NLD, potholes, Public-Private Partnership, Singapore's Straits Times, South Carolina Congressman Mike Mulvaney, Thailand, the UK, Union Solidarity and Development Party, us, US presidential election, USDP, Yangon
First Private Bank Cleared for Listing
January 3, 2017 by thiha
First Private Bank will become the fourth firm to list on the Yangon Stock Exchange this month. The lender, which claims the oldest banking licence in Myanmar, has published its finances, expansion plans and fears ahead of the listing – offering a window into the challenges facing the country’s smaller banks at the start […]
Filed Under: Latest News Tagged With: A CB Bank Official, Analyst U Soe Thein, Ayeyarwady, CB Bank, Chin State, First Private Bank, FPB, Incoming Central Bank, Kachin State, Kayinn State, kbz, Magwe and Sagaing Divisions, MCB, Myanmar Banks, Myanmar Citizens Bank, U Phyo Aung, U Soe Tin Maung Zaw, Yangon Stock Exchange
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