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Government expects growth of 6.8pc in 2017-18

Despite the slowdown in economic growth, the growth rate for Myanmar is expected to reach 6.8 percent for the fiscal year 2017-18, U Htin Kyaw, the country’s president, said during the national planning commission’s meeting on Tuesday, according to the president’s office. This is because the weather in the time of harvest was favourable as […]

Why India Isn’t Really ‘Acting East’ in Myanmar

As an ascendant economic and political power, India has long been eager to assert its influence on the global stage, particularly in neighboring Southeast Asia. India’s intentions for foreign engagement are best articulated in its so-called Act East policy, an ambitious effort to elevate Indian influence via economic and strategic links with the subregion. Central […]

Myanmar, Laos Vow to Enhance Bilateral Cooperation in All Sectors

​​ Myanmar and Laos have vowed to enhance bi­lateral cooperation in all sectors with a specific fo­cus on the socio-econom­ic development of border inhabitants, according to sources with the Ministry of Foreign Affairs. The pledge was made at the 12th meeting of My­anmar-Laos Border Re­gion Authorities at cen­tral level in Yangon. The meeting, co-chaired by […]

Tea Touted as Solution to Budgetary Woes

​​ As the government has found itself without enough cash to complete development projects scheduled in the current fiscal year, one cabinet member has aired an unusual proposal for financing the shortfall: tea money. Speaking in parliament yesterday, the minister for agriculture, livestock and irrigation said that if the public truly wants all its roads […]

Wary of China, India Moves to Woo a New Myanmar

Days after Aung San Suu Kyi made a high-profile trip to China as foreign minister of Myanmar, Indian External Affairs Minister Sushma Swaraj visited Mynamar in the first high-level visit from India after the civilian government assumed office in Naypyitaw. Myanmar’s President Htin Kyaw is on a four day visit to India as well this […]

One-year logging ban proposed

A temporary ban on logging has been proposed to the government and is likely to be approved, according to Myanma Timber Enterprise managing director U Saw John Shwe Ba, though restrictions are not yet in place, as has been widely reported. Though U Saw John Shwe Ba told The Myanmar Times that a one-year ban […]

NLD to look West, but not ignore its tough neighbours

  Revered in the West almost as much as at home, Daw Aung San Suu Kyi may steer Myanmar’s foregin policy to a westward pivot to some degree, although the Nobel Peace Prize winner has already shown she understands the realities of dealing with powerful Asian neighbours. The importance of relations with Beijing was emphasized […]

Myanmar citizens disregard wealth as a main source of happiness

The World Happiness Report 2016 reported Myanmar as one of the least happy countries the planet in March, ranking The Golden Land 119th out of 156 countries – but some in Myanmar have taken issue with the parameters. The report measures happiness using metrics such as GDP per capita, perceived freedom to make life choices, government corruption […]

NLD leader’s next challenge: the bureaucracy

Staff in the four ministries soon to come under Daw Aung San Suu Kyi’s management have welcomed her appointment, telling The Myanmar Times they hope she can accelerate administrative reforms in the civil service. But analysts and insiders have cautioned that she will face myriad challenges in cleaning up the bureaucracy and upholding promises of […]

Daw Aung San Suu Kyi to head parliamentary group

Daw Aung San Suu Kyi has been named chair of a parliamentary team, the National League for Democracy announced yesterday, fuelling expectations that the democracy icon does not intend to take a formal position in the new government. The NLD leader posted a statement on her Facebook page that listed her as chair of the […]