More Asian Travellers Expected to Arrive in 2018

Industry players forecast tour packages from Asian markets to jump 25 percent in 2018 and 2019, while arrivals from European countries could dip by almost 20pc for the same period. U Khin Zaw, advisor of the Union minister of Hotels and Tourism, told The Myanmar Times on January 3 that the change in arrival pattern was […]

State Counsellor Encourages Greater Transparency with Resource Sector Investors

State Counsellor H.E. Daw Aung San Suu Kyi received representatives from the International Investors for the Mineral Development Association (IIMDA). Measures to improve transparency in the sector were a priority, including enhancing the availability of data and providing public access to resource agreements, the IIMDA said in a statement. International standards such as the Extractive […]

India China News: China hints it can rename CPEC if India joins OBOR initiative | India News

BEIJING: The Chinese foreign ministry on Thursday responded to a statement by its ambassador in India, Luo Zhaohui, who recently said Beijing is prepared to rename the China-Pakistan Economic Corridor (CPEC) to address India’s concerns+. The ministry neither endorsed nor denied Luo’s statement, suggesting that it was encouraging Luo to negotiate with New Delhi over […]

Marking 70 Years of US-Myanmar Relations

Today we commemorate a milestone anniversary in the relations between the United States and Myanmar. It was 70 years ago today, on September 18, 1947, that the US Department of State announced that the governments of Burma and the United States had “agreed to exchange representatives with the rank of ambassador.” That announcement was made […]

Govt urged to establish Belt and Road taskforce

From tackling illegal border trade to constructing Kyaukphyu SEZ, the to-do list for Belt and Road in Myanmar is very long. THE Myanmar government is urged to take a proactive role and form a taskforce to carve out its involvement in China’s Belt and Road Initiative (BRI). An adviser to the National League for Democracy-led […]

China Showers Myanmar With Attention, as Trump Looks Elsewhere

NAYPYIDAW, Myanmar — When Myanmar’s leader, Daw Aung San Suu Kyi, wanted to hold a peace conference to end her country’s long-burning insurgencies, a senior Chinese diplomat went to work. The official assembled scores of rebel leaders, many with longstanding connections to China, briefed them on the peace gathering and flew them on a chartered […]

Five awarded Eisenhower Fellowship with the assistance of Max Myanmar Zaw Zaw

Zaw Zaw (right) of the Max Myanmar Company speaks to Colin Powell, former US secretary of state. Five citizens have got Eisenhower Fellowship sponsored by the United States for the first time with the assistance of Zaw Zaw, chairman of Max Myanmar Group of Companies. The Eisenhower Fellowship 2017 Programme will start on October 1 […]

The Digital Revolution: From Mandalay to Manchester

In the era of the global digital distribution, products made in Mandalay can be sold in Manchester cost-effectively – the key to that economic miracle is the mobile phone. The Myanmar Times spoke to James Song after his trip to Phnom Penh in Cambodia for the World Economic Forum (WEF) on ASEAN 2017. This year, […]

‘One Belt, One Road’ Welcomed With Some Caution

China is convening from Sunday a large two-day summit in Beijing to tout its ambitious “One Belt, One Road” development strategy. The initiative proposed by China’s leadership seeks to promote massive infrastructure projects, spanning 65 countries in Asia and Europe and about 40 percent of global gross domestic product. Many Asian countries, including populous Indonesia […]

Japanese Life Insurer With Myanmar Presence Eyes Cambodia

Japan’s Dai-ichi Life Holdings Inc plans to start a life insur­ance business in Cambo­dia in 2018 and expand its US presence, its presi­dent said, in line with the firm’s strategy to boost overseas growth as in­vestment returns dimin­ish at home. Life insurers in Japan have been hit by lower re­turns with massive stimu­lus measures, aimed […]