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As the West isolates Myanmar, some investors dig in for the long term

YANGON/BANGKOK — A full generation has grown up since the State Law and Order Restoration Council (SLORC) of Senior Gen. Saw Maung seized power on Sept. 18, 1988, putting a bloody end to a nationwide pro-democracy uprising that lasted some six weeks. An estimated 3,000 people died in the crackdown, which re-established direct military rule […]

National Mining Policy Needs Total ‘Rethink,’ Report Finds

CHIANG MAI, Thailand — Myanmar needs a new mineral resources policy and fresh laws developed through a transparent and consultative process if the mining sector is ever to be sustainable, the Myanmar Center for Responsible Business (MCRB) said at the launch of a sector-wide impact assessment (SWIA) report on March 8. The fourth SWIA based […]

Yangon tram to run next year

A tram will start operating in downtown yangon next year after a two-decade hiatus. The authorities have run four successful tests on the tram since the plan to replace local trains with trams was approved last year December, according to Kyaw Soe Lwin, the manager of the Ministry of Rail Transportation. The Japan International Cooperation […]

YCDC to take over management of two industrial zones

Yangon City Development Committee will soon take over management of the last two privately owned industrial zones in Yangon as the Ministry of Construction moves to transfer power to the local authority. The ministry’s Department of Urban and Housing Development (DUHD) has been transferring oversight of Yangon’s 28 industrial zones to YCDC since 2012. The […]