Boris Johnson caught on camera reciting Kipling in Myanmar temple

The foreign secretary has been accused of “incredible insensitivity” after it emerged he recited part of a colonial-era Rudyard Kipling poem in front of local dignitaries while on an official visit to Myanmar in January. Boris Johnson was inside the Shwedagon Pagoda, the most sacred Buddhist site in the capital Yangon, when he started uttering […]

Myanmar’s bargaining power rises along the Belt and Road

AS Hong Kong’s second Belt and Road Summit started today in the city The Myanmar Times asked two experts from The Economist Intelligence Unit and Lau China Institute at King’s College, London for their input regarding the dynamics of the Belt and Road Initiative (BRI) and China in relation to Myanmar and ASEAN. Much of […]

Uber, Grab do things a little differently in Yangon

Uber Technologies and Grab, two of the biggest names in the ride-hailing business, are rapidly expanding in Myanmar’s largest city, where the spread of smartphones is unlocking big opportunities. Yangon’s authorities appear to have rolled out the welcome mat for them, viewing the services as a way to improve the city’s underdeveloped transport infrastructure. Going […]

KBZ wins Best Bank in Myanmar from Finance Asia

In the ceremony for the best banks of 2017 from different Asian countries held by London based Finance Asia on 29 June, KBZ bank won the Country Awards for Achievement 2017: Best Bank in Myanmar, making it the second year in a row. Deputy General Manager of KBZ Bank Ltd. Daw Phyu Phyu Sein accepted […]

China Faces Resistance to a Cherished Theme of Its Foreign Policy

ON APRIL 10th a freight train pulled out of Barking station in London carrying Scotch whisky, baby milk and engineering equipment. It arrived in Yiwu in eastern China (see map) nearly three weeks later, completing the second-longest round-trip train journey ever made (after Yiwu to Madrid and back, a record set in 2014). It lopped […]

Invitation For Open Tender for Copper Cathode. Closing date 7 April 2017.

Subscribe to our tender alert mailing list Sale of (400 ±) Metric Tons of Cathode Copper in United States Dollar, Reserve Price : The price of Cathode Copper is not less than the Copper price of London Metal Exchange on one day ahead of tender opening date. Closing Date & Time : 7.4.2017 (16:30) Hours […]

Emirates set to launch flights to Phnom Penh

Emirates Airlines will expand its presence in Cambodia by launching a daily passenger flight between Dubai and Phnom Penh, with a stopover in Yangon, as part of the Dubai-based carrier’s push into the region. Launching on July 1, the daily flight will connect Dubai to Phnom Penh via a 90-minute stopover in Yangon, using a […]

All Asia Asset Says It May Have Claim Over Reduced Asset Interest in Myanmar power plant 

​​ LONDON (Alliance News) – All Asia Asset Capital Ltd said on Thursday it is likely to see a “very substantial decrease” in the value of its stake in Andaman Power & Utility Company Ltd, after its economic interest was in a power plant project was diluted by a power purchase agreement. All Asia Asset, […]

If Trump Punishes China, Investors Could Seek Safety in Myanmar

Financial markets in Asia didn’t fancy the outcome of the US election. Markets fell on the news of the Trump victory, and despite a rebound the MSCI Asia Pacific Index was trading close to a one year low last week. Worst affected have been countries with a high proportion, close to 40%, of their sovereign […]

Gems Emporium Expected to Attract US and EU Traders

RANGOON — More Western jade traders are expected to attend to the upcoming Naypyidaw Gems Emporium, after the lifting of US economic sanctions last month. Among the American restrictions which were lifted was a longtime ban on transactions involving jade, gems and jewelry from Burma. The move by the US government—announced in September—was criticized by […]