China Beating Japan in War for Economic Influence in Myanmar

While the Japanese foreign minister and State Counselor Daw Aung San Suu Kyi discussed Rakhine’s development in Naypyitaw last week, a Chinese Communist Party provincial secretary met the vice president to discuss increasing investment in agriculture, transport and technology cooperation. It is not the first time China and Japan have been seen directly competing on […]

Japanese beer company probing if donations went to Myanmar forces

Japanese beer company Kirin is investigating whether its donations went to Myanmar’s military, accused of brutal attacks against Rohingya Muslims. Amnesty International has urged Japanese authorities to look into donations Kirin’s subsidiary Myanmar Brewery made in September and October last year. A televised ceremony for a US$6,000 donation showed the commander of Myanmar’s military. Tokyo-based […]

Myanmar to Get Better Profit-Sharing Deal in Rakhine Port Project

Myanmar is set to receive a greater amount of the profit-sharing in a $7.2 billion deep-sea port development project in the town of Kyaukphyu in western Rakhine state, though negotiations with the main Chinese investor are ongoing, a commerce ministry official said Monday. A consortium led by CITIC Group Corporation Ltd., China’s state-owned investment company, […]