Myanmar to Get Better Profit-Sharing Deal in Rakhine Port Project

Myanmar is set to receive a greater amount of the profit-sharing in a $7.2 billion deep-sea port development project in the town of Kyaukphyu in western Rakhine state, though negotiations with the main Chinese investor are ongoing, a commerce ministry official said Monday. A consortium led by CITIC Group Corporation Ltd., China’s state-owned investment company, […]

Myanmar Authorities Level Homes of Yangon ‘Squatters’ to Make Way For Residential Housing

About 200 Myanmar police officers and 1,000 hired hands on Monday dismantled 4,000 squatters’ homes and arrested five residents in a township in the commercial capital Yangon under orders from the regional government to clear the area for a high-rise residential project, local officials said. Authorities forcefully tore down the shanty town in Hlegu township […]

Myanmar’s Upper House Begins Discussing Education Law Amendments

Myanmar’s upper house of parliament began discussions today on amendments to the controversial education law, as authorities released 20 people arrested earlier this month during a brutal police crackdown on students and others protesting against the current legislation. Eight lawmakers in the upper house want to include specific changes to the current education law such […]