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Myanmar state counselor stresses utmost effort to increase power production

YANGON, May 18 (Xinhua) — Myanmar State Counselor Aung San Suu Kyi has stressed the need to make utmost effort to increase electricity production, saying that the government has set up new infrastructure for the power system including installation of new cable lines and opening of new sub-power stations. Aung San Suu Kyi, who is […]

Myanmar state counselor calls for working with private sector to achieve development goals

YANGON, May 11 (Xinhua) — Myanmar State Counselor Aung San Suu Kyi has called for working together with the private sector to achieve the country’s development goals, while ensuring the maintenance of a responsible and sustainable business environment. In her video message on the occasion of the Yangon Region Investment Forum 2019, which began on […]

Tanintharyi Residents Call on Myanmar’s Aung San Suu Kyi Address Corruption Concerns

Residents of a coastal town in southern Myanmar’s Tanintharyi region demanded Wednesday that State Counselor Aung San Suu Kyi take action against their government over complaints about corruption and poor administration by removing the chief minister and the minister of planning and finance. During a three-day visit to the far-flung region, people at a gathering […]

Beijing Urges Gov’t to Get Ball Rolling on China-Myanmar Economic Corridor

The vice chairman of China’s top economic planning agency has pushed Myanmar’s State Counselor to work out an implementation plan for the China-Myanmar Economic Corridor, a part of Beijing’s Belt and Road Initiative (BRI). China National Development and Reform Commission (NDRC) Vice Chairman Ning Jizhe held talks with State Counselor Daw Aung San Suu Kyi […]

Daw Aung San Suu Kyi’s Brother Appeals Inheritance Ruling to Supreme Court

Myanmar State Counselor Daw Aung San Suu Kyi’s brother has filed a special appeal to the Union Supreme Court asking it to review a Yangon court’s decision in his legal dispute with her over an inheritance. Yangon’s Western District Court ruled in 2016 that the home on Yangon’s University Avenue in which Daw Aung San […]

Businesspeople Urge State Counselor to Reduce Tax And Loan Interest Rates

Leading businesspeople urged State Counselor Daw Aung San Suu Kyi to reduce tax and bank loan interest rates during a meeting in the administrative capital Naypyitaw on Tuesday. Potential investors are maintaining a wait-and-see attitude and Myanmar’s economy is experiencing a slowdown, said leading builder U Maung Weik. Reducing bank loan interest and tax rates […]

Can China-Myanmar Economic Corridor overcome hurdles to progress?

Recently, U Aung Naing Oo, director general of the Directorate of Investment and Company Administration of Myanmar, said that Myanmar and China will soon sign a Memorandum of Understanding (MoU) on building the China-Myanmar Economic Corridor (CMEC), one of the key projects of the Belt and Road initiative (BRI). The two sides reached a 15-point […]

China’s poverty alleviation efforts in Myanmar help ease Rakhine State situation

China has been paying close attention to the Rakhine State conflict in Myanmar and the ensuing refugee exodus to Bangladesh. In March, during the legislative two sessions, Foreign Minister Wang Yi said China has always insisted on a peaceful and rightful way of dealing with international affairs, especially those at the center of attention. Nearly […]

Left behind in race by China, India tries to speed up Myanmar projects

NEW DELHI: Having missed several deadlines, and with China taking big strides, India is trying hard to speed up its infrastructure commitments in Myanmar. India’s tardiness in project implementation has marred its reputation, even though India has extended over $1.75 billion in grants and credit to Myanmar. Indian envoy to Myanmar Vikram Misri said India […]

State counselor silent on sanctions

The United States is expected to announce today an extension of its economic and military sanctions against Myanmar, with some revisions, in line with recommendations by the new civilian-led government, according to Western diplomats in Yangon and reports from Washington. Sanctions are also likely to feature on the agenda when Secretary of State John Kerry […]