Coffee Culture Grows in Rangoon

RANGOON — It is 2:30 a.m. and I am on my way home after a night out with friends when I find myself watching the teashop boys on my street set up tables with their half-open eyes. The teashop’s soft light is bright enough to see one man baking naan. An older man who prides […]

Adviser: Actually, the Government Has Made Significant Strides on the Economy

Government economic adviser Sean Turnell has hit back against a barrage of recent criticism over the performance of the National League for Democracy (NLD)-led administration during its first year of office. The government’s achievements on the economy were “considerable” and “too often overlooked” the adviser said. Daw Aung San Suu Kyi’s government has been bruised […]

Environmental Agency Praises Danish Divestment from Burmese Teak

​​ RANGOON – An international environmental NGO, the Environmental Investigation Agency (EIA), has said it welcomed the Danish authorities’ ruling banning Burmese teak from its markets. The decision was the second such move from Scandinavia, following a similar Swedish ruling last November. Danish authorities ruled on Monday, March 13 that injunctions be placed on all […]

Health Ministry Stands Firm as Nursing Students Protest Delayed Licensing

​​ RANGOON — Policy that requires graduate nurses to serve at public hospitals for three years aims to tackle severe shortage of nurses and midwives at government medical service facilities, the Ministry of Health and Sports said on Thursday. Several hundred students from Rangoon’s University of Nursing took to the streets on Wednesday protesting against […]

Business Community: Govt Must Clarify Laws to Secure Investment

​​ RANGOON — Local and international business leaders urged the ruling National League for Democracy (NLD) government to clarify the country’s laws to secure significant foreign investment. The comments were made at a forum on promoting business in Burma at the Sedona Hotel in Rangoon on Thursday organized by international media company Bloomberg and attended […]

Ministry Reportedly Invited Electricity Tender Without Budget Approval

​​ RANGOON — Rangoon residents’ hope for 24-hr access to electricity is fading after the Ministry of Electricity and Energy said that it had no budget for two private electricity suppliers, which last year won a tender to provide electricity for the commercial capital. In 2015, the previous government initiated a plan to deal with […]

Multi-Billion Dollar Rangoon Southwest Expansion Set to Begin

​​ RANGOON — The Rangoon divisional government will begin implementation of a controversial expansion plan in the southwest region of the commercial capital at the end of February, according to Rangoon Chief Minister U Phyo Min Thein. The chief minister made the announcement on Saturday during a meeting with Vice President U Myint Swe and […]

Light Manufacturing to Lead Way in Foreign Investment

​​ RANGOON — Burma’s light manufacturing sector will lead the way in foreign direct investment in 2017 although investor concerns over the country’s infrastructure persist, according to the local business community. Foreign investors visiting in the last year had questions over energy supply, transport and land issues and heavy industry manufacturers are hesitant to invest, […]

Thilawa SEZ Receives US$900 Million in Foreign Investment

​​ RANGOON — Japan-backed Thilawa Special Economic Zone (SEZ) in Rangoon’s Thanlyin Township has received more than US$900 million in foreign investment since its launch in 2014, said a recent report issued by the Myanmar Investment Commission (MIC). “Since the start of the operation, the SEZ has received US$903 million foreign investment,” MIC secretary U […]

Education Ministry Wants to Take Back Rangoon Land from Property Developer

RANGOON — Burma’s Ministry of Education now wants Parliament to help it take back a valuable parcel of land that the former government gave away to international developer Marga Landmark. The 17.7-acre tract, situated in a prime location close to Rangoon’s Inya Lake and the Sedona Hotel, once belonged to the Ministry of Science and […]