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Myanmar State Firm Signs Deal to Buy Electricity From Strategic Chinese Project in Rakhine

YANGON—A Myanmar state-owned enterprise has inked a power purchase agreement with a Myanmar-China joint venture company that is developing a 135-megawatt (MW) power plant project in Kyaukphyu, in western Myanmar’s Rakhine State. The plant is one of the strategic projects that make up the Myanmar section of Beijing’s grand infrastructure plan, the Belt and Road […]

Fugitive Myanmar Gold Mining Executive Arrested in Thailand

YANGON—National Prosperity Company (NPC) chair U Soe Tun Shein was arrested in Thailand and extradited to Myanmar on Wednesday after more than a year on the run. The Ministry of Natural Resources and Environmental Conservation (MONREC) found in 2018 that NPC had failed to comply with an order, issued the previous year, to suspend its […]

Yangon Orders Closure of Unlicensed Luxury Spa in Myanmar’s Historic Secretariat

YANGON—A newly-opened deluxe spa at Yangon’s Secretariat will have to be closed because it has no operating license, according to the Yangon City Development Committee (YCDC). “We have not officially issued a business license to the spa at the Secretariat. As it is operating without a license, it has to be closed,” U Than, the […]

Myanmar opens visa-on-arrival door

YANGON, 31 July 2018: Myanmar confirmed late last week it would ease visa procedures for three nationalities 1 October. Tourism officials quoted government sources saying tourists from Japan, South Korea and China would be granted a visa-on-arrival for up to 28 days. Details were sketchy with none of the official websites for the Hotels and […]

Education Ministry Suspends Construction of 6,000 New Schools

NAYPYITAW — The Education Ministry has suspended its project to construct about 6,000 educational facilities including basic education schools across the country due to budget constraints. The government had already granted a budget for the project but since new President U Win Myint increased the pay for civil servants in April, the Education Ministry no […]

New Chair of Kyaukphyu SEZ Wary of Chinese Loans

YANGON — Myanmar will endeavor to take on no loans from China to complete the Kyaukphyu Special Economic Zone (SEZ) but would offer the developer no sovereign guarantees to mitigate risk if it does, said the project’s new chairman, seeking to allay fears of a debt trap. Sean Turnell, an economic adviser to State Counselor […]

North Korean Restaurant in Yangon Ordered to Close its Doors

The government ordered a restaurant belonging to the North Korean Embassy in Yangon be shut down recently following a request from the US for Myanmar to respect a United Nations Security Council (UNSC) resolution on sanctions against North Korea. Aryani Manring, who is assistant public affairs spokesperson for the US Embassy, told The Irrawaddy that […]

Myanmar’s Planning and Finance Minister Submits Resignation

NAYPYITAW — Planning and Finance Minister U Kyaw Win has submitted his resignation to the president amid reports that he is being investigated by the Anti-Corruption Commission and the Bureau of Special Investigation (BSI), sources close to the matter told The Irrawaddy. Since last week, news reports have circulated alleging that the minister and his […]

Yangon Transport Authority Declares YBS a ‘Success’ on Its 1st Birthday

YANGON— Yangon transport officials declared the city’s revamped a bus system a “success” on its first anniversary on Tuesday, downplaying what has generally been regarded as a bumpy start. “The Yangon Bus Service has achieved 70 percent of the goals we set,” Dr. Maung Aung, secretary of the Yangon Region Transport Authority (YRTA), the body […]

Foreign Correspondents Forced to Jump More Hoops to Get Visas

YANGON — Some foreign journalists have left Myanmar and others are preparing to depart after the government tightened visa regulations following critical coverage of the military’s handling of the unrest in Rakhine State. Several foreign journalists told The Irrawaddy that the visa application process was now much more onerous and even required them to sign […]