fbpx

Myanmar to manufacture electric buses

“We need to use alternative fuels, as the fossil fuels we are burning today will be exhausted soon”, said Union Minister for Industry U Khin Maung Cho at the signing of an agreement to manufacture electric buses and erect charging stations in Myanmar. At the signing ceremony, held at the Research and Development Bureau in […]

Myanmar’s tourism industry faces challenges

Myanmar’s tourism industry has experienced a significant decline compared to previous years. To understand the causes for this development the Global New Light of Myanmar interviewed U Thet Lwin Toe, chairman of Myanmar Tourism Entrepreneurs Association. Q: May I know current situation of tourism industry? The country’s tourism sector rose in 2012 like a tsunami. […]

Myanmar, EU to sign investment agreement

Myanmar will soon sign an investment protection agreement with the European Union to promote foreign investments, according to the Myanmar Investment Commission (MIC). “The EU has begun to make investments in Myanmar. We have agreed with the EU on principle to sign an investment protection agreement. Soon, discussions will start. After signing the agreement, EU […]