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Myanmar, Thai universities to ink MoU for cooperation Posted

The universities of Myanmar and Thailand plan to sign a memorandum of understanding (MoU) for cooperation in the education sector very soon, according to Myeik University. Myanmar’s Myeik University and Thailand’s Phetchaburi Rajabhat University will ink the MoU during the last week of January and the first week of February, 2019. The MoU will include […]

Myeik residents lament higher power prices

Electricity prices in Myeik, Tanintharyi Region, have risen since an agreement between the Tanintharyi Regional Government and public company Myeik Public Corp Ltd was inked on October 26 for the latter to take over distribution of electricity in the Myeik area. Under the electricity distribution contract, Myeik Public must commence distribution of electricity within six […]

Illegal fishing batters small-scale fishermen in Myeik

Myeik region faces a shortage of fish resources, and local fishermen find it difficult to survive as the authority turns a blind eye to the voices of local small-scale fishermen, according to local fishermen. Small-scale fishermen are finding it increasingly harder to practice their trade due to illegal onshore fishing by big fishing vessels, illegal […]

Govt. plans to attract more tourists through Maw Taung gate

Maw Taung border gate in Myanmar-Thailand border is seeing less tourists and it need to open permanently to attract the tourists, according to officials and traders. Trading and tourism sectors through Maw Taung border gate have restrictions as it is a special temporary border trade post in Thailand side. Myanmar opened the border gate as […]

Myanmar Gets First Foreign Investments for Power Projects in Fiscal Year Transition

YANGON — Myanmar has received its first foreign investments in the power supply sector in the transitional six-month fiscal period, which started on April 1, according to the Directorate of Investment and Company Administration (DICA). A gas-fired power plant will be built in Mandalay Region’s Singaing Township as part of a joint venture between China’s […]

Pearl islands in Myanmar’s southern region to open for visitors

Some 15 islands in Myeik and Kawthoung, Myanmar’s southern coastal Tanintharyi region where pearl farms are located, will be open to visitors in October, the official Global New Light of Myanmar reported Sunday. The 15 islands accommodate a state-owned and 11 private pearl farms. Tourist vessels are not allowed to enter into the pearl farming […]

China Beating Japan in War for Economic Influence in Myanmar

While the Japanese foreign minister and State Counselor Daw Aung San Suu Kyi discussed Rakhine’s development in Naypyitaw last week, a Chinese Communist Party provincial secretary met the vice president to discuss increasing investment in agriculture, transport and technology cooperation. It is not the first time China and Japan have been seen directly competing on […]

Unable to break protectionist curse, FMI bites the dust

FMI Air became the third domestic airline to throw in the towel on July 20, after more than five years in operation. Amid the winding up of joint venture proposals and local firms, this is the latest alarm that businesses are running out of patience with the government’s rigid protectionism in the aviation industry. “Operating […]

Border trade increases by $196 million

Between 1 April and 25 May in this fiscal year, the value of border trade reached US$ 1.165 billion, recording an increase of $196 million compared to the same period in the last FY, state media reported quoting figures recently released by the Commerce Ministry. The total value of border trade, as of 25 May […]

Taninthayi region will have electricity from national grid: chief minister

National grid will be connected to Taninthayi region within two-year time and one unit of electricity will be ranged between Ks35 and 50, said the region chief minister Dr Le Le Maw on June 4. At the present, the locals are paying over Ks400 per unit of electricity and the electricity bill is likely to […]