Myanmar citizens hope for positive change after government shake-up

Myanmar’s new government is expected to announce its cabinet line-up for 18 of the 21 ministries next week, and the public have expressed hope that they will be able to see a positive change. YANGON: Myanmar’s new government is expected to announce its cabinet line-up for 18 of the 21 ministries next week. Key ministries […]

Myanmar downsizes government, axes ministries

During a Parliament sitting on Thursday (Mar 17), Myanmar’s Speaker of Parliament said the nation will have 21 ministries and 18 ministers, down from 36 ministries currently. NAYPYIDAW: Myanmar’s Speaker of Parliament announced on Thursday (Mar 17) that the nation will have 21 ministries and 18 ministers, down from 36 ministries currently. During a Parliament […]

Sanctions fears choke nascent U.S. trade with Myanmar via Asia World Port

Western banks are cutting trade finance in Myanmar after learning that part of the country’s main port is controlled by a man blacklisted by Washington, threatening to stop nascent U.S. economic ties with the Southeast Asian nation in their tracks. U.S. shipments to Myanmar have slowed to a crawl in recent months, after several banks […]

Myanmar to draft two new investment laws

Japan remains committed to Myanmar Japanese companies invested US$22.8 billion in Singapore, Thailand, Indonesia, Malaysia, the Philippines and Vietnam in 2013, according to the Japan External Trade Organisation (JETRO). The trend is strong, following the first wave of Japanese investment in the 1980s and 1990s, which helped build up automotive and electronics sectors in Thailand, […]