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Growth in mining industry expected as investments rise

Myanmar’s mining industry is expected to expand in next year on the back of higher foreign and domestic investments. And as more permits for small-scale mining in the regions and states will be approved, mineral exports will also improve during the year, U Than Soe, deputy permanent secretary of the Ministry of Natural Resources and […]

Far from a ‘debt trap’, China’s belt and road allows countries like Myanmar to leapfrog poverty

Andre Wheeler says Western critics overlook the holistic and long-term benefits that China’s multilateral infrastructure investment programme brings to countries like Myanmar. What’s more, they aren’t offering any alternatives A plethora of articles have discussed the risks associated with China’s Belt and Road Initiative. The discussion is often portrayed within a “winners versus losers” framework, […]

Singapore’s Pan Pacific opens new hotel in Yangon, remains confident of long term ROI

Wee Wei Ling, executive director of Pan Pacific Hotel Group, isn’t at all worried about the glut in hotel rooms in Yangon. “There is definitely an oversupply. In fact, tourism has been declining recently. But we are long-term investors in Myanmar. We see the potential of this country and we would like to grow with […]