Why the visit of Myanmar’s military chief is important to New Delhi

The commander-in-chief of Myanmar defence forces, senior general Min Aung Hlaing, is currently on an eight-day tour of India. He is visiting numerous cities such as Gaya, Varanasi, Ahmedabad and Vishakhapatnam and will meet several military and civilian leaders. On 14 July in New Delhi, he is scheduled to meet Prime Minister Narendra Modi, defence […]

International Consultant Lead Researcher – Rakhine Joint Assessment. Closing Date: 18 July 2017

Country : MYANMAR Description of the assignment : Lead Researcher – Rakhine Joint Assessment Period of assignment/services : 43 Working days Duty Station : Yangon and Sittwe (with possible domestic travel in Rakhine State and to Nay Pyi Taw) Type of Contract : International Consultant (Individual Contract) Proposal should be submitted at https://etendering.partneragencies.org submit on […]

Myanmar tycoon says economy neglected by Suu Kyi’s government

Myanmar tycoon Serge Pun, one of the wealthiest men in Asia, said on Thursday the government led by Aung San Suu Kyi has neglected the nation’s much-needed economic reform. Pun, head of property-to-banking conglomerate First Myanmar Investment 00001.YG, urged authorities to give more attention to growth in one of the region’s poorest countries. He said […]

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. […]

Gas-fired plant in Mandalay to operate with BOT agreement

The biggest gas-fired power plant, with a capacity of 225 megawatts, will start operations in December this year in the Taungtha and Myingyan district in Mandalay Region, a senior official from the Ministry of Electricity and Energy (MOEE), told The Myanmar Times. The project, which is estimated to involve US$300 million (K410.18 billion) investment, is […]

Villagers in Myanmar Describe the Destructive Power of China’s Building Frenzy

Kyaukphyu, Myanmar — President Xi Jinping of China is hosting a conference in Beijing this weekend to showcase one of his biggest gambles: a planned investment in pipelines, ports, trains, roads and other projects to link China to much of the rest of the world, including Europe and Africa. Called One Belt, One Road, the multibillion-dollar initiative seeks to generate business for China’s state-owned enterprises […]

No Go Yet to Malaysia for Myanmar Workers

Myanmar has yet to send workers to Malaysia as the political situation there is uncertain and there may be problems in future. U Myo Aung, permanent secretary for the Ministry of Labour, Immigration and Population, said that they have been looking into the situation in Malaysia to avoid potential problems for Myanmar workers going there. […]

Commit-and-Act Approach Expected Among Investors

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 […]

Labour Official Upbeat on Migrants-to-Malaysia Restart But no Date Set

​​ A suspension on sending migrant workers from Myanmar to Malaysia will be lifted when political conditions in the latter improve and the safety of labourers can be better assured, according to U Thein Win, director of the Ministry of Labour, Immigration and Population’s Migrant Affairs Department. The decision earlier this week to cut off the […]

Mung bean output to be increased to meet demand from India

The number of mung bean plantation acres will be increased this winter to meet India’s demand of 10,000 tonnes of mung bean, according to the Rakhine Agriculture Department. India has said it will purchase 10,000 tonnes of mung bean during the next fiscal year, which has prompted the agriculture department to begin the process of […]