Frustration mounts as Kyaukphyu port negotiations stall

Kyaukphyu’s Chinese investors have hit back at criticisms over their majority stake in a proposed deep-sea port in Rakhine. They emphasised that it was the Myanmar government who drew up the shareholder structure and that the ball is in Nay Pyi Taw’s court to break the inertia and move the negotiations forward. Kyaukphyu is the […]

Japanese Businesses Express no Interest in Dawei or Kyaukphyu SEZ

Interview with Katsuji Nakagawa from the Japan Chamber of Commerce and Industry in Myanmar Japanese businesses have not indicated any interest in Dawei SEZ or Kyaukphyu SEZ, and see the lack of reliable power supply as the biggest challenge in Myanmar, the chair of the Japanese Chamber said. Katsuji Nakagawa, chair of Japan Chamber of […]

Ministry Aims at 1 Million Housing Units by 2030

​​ The Ministry of Construction has planned to implement one million units by 2030, according to the government’s housing development plan. The plan began in 2012 and it is intended to be implemented over the course of five years. As the plan is reaching its first five-year marker, the government should be building an estimated […]

Myanmar, Finland Hold Discussions on Bilateral Cooperation

​​ State Counsellor and Minister of Foreign Affairs Aung San Suu Kyi met last Thursday with Finland’s Foreign Trade and Development Minister Kai Mykkanen in Nay Pyi Taw for discussions on bilateral cooperation. Myanmar’s Ministry of Foreign Affairs said the topics discussed covered manufacturing value-added forest products and natural resources, education and vocational training as […]

Yangon airport T1 gets first foreign tenant

Yangon International Airport’s shiny new terminal has been almost empty since it opened in March – hosting only the country’s flag carrier Myanmar National Airlines. But space and facilities are becoming increasingly important for the raft of foreign firms aiming to add Myanmar routes, and the first international airlines are starting to move in. The […]

Entrepreneurs ask finance minister to reconsider special tax

Planning and Finance Minister U Kyaw Win received a barrage of requests to cut taxes during a meeting with a group of almost 50 business associations in Yangon earlier this week. The minister met with entrepreneurs at the Union of Myanmar Federation of Chambers of Commerce and Industry, to ask their opinions on economic development and learn […]

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 […]

Dawei residents protest against $3 billion oil refinery

A collection of civil society groups in the southern city of Dawei has begun to actively protest a Chinese-led US$3 billion proposal to build Myanmar’s largest oil refinery on their doorstep. Local businesses, civil society organisations and villagers are circulating a petition calling for the new National League for Democracy-led government to reconsider the project […]

Dos and don’ts for Suu Kyi on dealing with ASEAN

For the first time in its history, there will be a Nobel Peace laureate and the world’s most famous political icon in the family of the Asean Ministerial Meeting (AMM), which serves as the Asean annual meeting. Myanmar’s new Foreign Minister Aung San Suu Kyi needs to know a few things about the organisation, with […]

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 […]