Social Media Exhibits Its Disruptive Power in Myanmar

If the past two decades of foreign interventionism have taught us anything, it is that democracy cannot be imposed upon a nation unless it has the social, cultural, economic, and institutional architecture to enable it. The same should be said of democratic tools — including a free press, elections, and, of course, civic technologies. Facebook, […]

India To Grant Gratis Visa To Myanmarese Citizens: PM Narendra Modi

Prime Minister Narendra Modi said deepening the relationship with Myanmar was a priority for India, as a neighbour and also in the context of the ‘Act East Policy’. NAY PYI TAW: Prime Minister Narendra Modi today announced that India will grant gratis visa to Myanmarese citizens wanting to visit the country. PM Modi made the […]

Myanmar moves forward

The government of Myanmar is about to take dramatic steps to spur economic development and improve government efficiency. Several significant cabinet changes are in the pipeline, detailed economic strategies are being finalised and a shake-up in the bureaucracy is already under way. These planned changes in ministerial personnel are aimed at strengthening the government’s leadership […]

Chin State SMEs to Be Eligible For K8.5 bn Worth of JICA Loans

Chin State’s small and medium busi­nesses (SMEs) will be eligible for up to K8.4 billion worth of small loans which the govern­ment plans to make avail­able later this financial year, a union minister has said. The funds are the re­mainder of a K50 billion Japanese loan granted to the government for the development of local […]

China-Myanmar Oil Pipeline Opens Enhancing Tie

BEIJING: Crude oil began flowing from Myanmar to China over a 1,420 km long pipeline putting the relationship between the two countries on better footing. The oil reached Ruili, a border city of in China’s Yunnan Province at 4 p.m. on Friday according to the state owned China National Petroleum Corporation, which built the pipeline. Oil will flow through the pipe at a speed of […]

Redrafting of Municipal Law Underway

Yangon Mayor Maung Maung Soe told Mizzima that they were redrafting the Municipal Law, which has weaknesses, with the assistance of Singaporean legal experts. “It is really shameful. This new Municipal Law is not as good and comprehensive as the law enacted in 1922,” he said, referring to the legislation brought in under British colonial […]

Myanmar Luxury Property Hampered by Confusion Over Law on Foreign Buyers

Confusion over a law allowing foreigners to buy condominiums in Myanmar is prolonging a slowdown in its residential property sector, highlighting the challenges of regulatory flux in the frontier market. The legislation adopted in January 2016 leaves unanswered questions such as whether it applies to existing apartments, hurting efforts to woo investors. The outlook now […]

Thailand aims to double bilateral trade with Myanmar

THAILAND and Myanmar will strengthen trade and economic cooperation under a strategic-partnership strategy aimed at doubling bilateral commerce within the next five years. The two countries’ governments and private sectors will this week sign 15 memoranda of understanding to promote trade, investment and service growth. Deputy Prime Minister Somkid Jatusripitak will today lead an official […]

The Magic Number Is 100 As Officials Release New Thresholds For Investment Projects

​​ Officials have re­leased the first tranche of rules and regulations for Myan­mar’s new investment law as they race have to have the finer details of the long-awaited legislation ready for the start of the next financial year. Under the rules released earlier this month, major projects including those worth more than $100 million will […]

Myanmar manufacturing set for takeoff

With the end to economic sanctions triggering an investment boom and an abundance of low-cost labor, Myanmar’s nascent manufacturing industries look set for major growth. In the space of less than two years, Japanese clothing retailer Honeys has increased the number of production lines at its second factory in Myanmar from five to 34. The […]