One of world’s biggest superyachts ‘built using illegal Burmese timber’

A German shipyard used illegally-sourced teak from Myanmar to construct a superyacht for a Russian billionaire, a public prosecutor has claimed. Nobiskrug shipyard on the river Eider used wood supplied by a Burmese government-controlled firm which was sanctioned earlier this year for exporting teak from threatened forests, lawyer for the state Axel Bieler said. Timber […]

Oil Pipeline Through Myanmar Highlights China’s Growing Import Dependence

Oil began flowing into a crucial pipeline in Myanmar this week, after years of delay. The pipeline, along with a twin natural gas line running along the same route, is an essential element of China’s strategy to diversify its sources of oil supply. When the pipeline reaches maximum capacity, it could account for as much […]

Myanmar Rice Market Encounters Challenges

The Myanmar rice market is being faced with many challenges in its attempt to enter the highly competitive international market. Concerted efforts need to be exerted by all the stakeholders who are engaged in supply chain and the officials concerned to maintain a stable price, to make a profit for those who are participating including […]

Climbers suggest records wrong on top Myanmar peak

Yangon, Myanmar — Myanmar may have a new tallest mountain, though so far it seems quite happy with the old one. A U.S.-Myanmar mountaineering team trekked through jungles crawling with cobras, made a brief, illegal detour through Chinese-controlled Tibet and survived a terrifying 600-foot drop into a crevice on their way to the top of […]