China-Myanmar oil, gas project benefits both

The China-Myanmar crude oil and gas pipeline, a pioneer project of the China-proposed Belt and Road Initiative, has brought tangible benefits to both sides, and won broad support. The pipeline project consists of a crude oil pipeline and a natural gas pipeline, which run from the port of Kyaukpyu on Myanmar’s west coast to Ruili […]

Myanmar and China to Hold Tourism Forum to Boost Travel Industries

​​ A China-Myanmar tourist coopera­tion forum, the first of its kind, will be held in Myanmar’s capi­tal of Nay Pyi Taw this week to deepen bilateral exchanges in the tourism sector. The March 1st forum, co-hosted by the China National Tourism Admin­istration (CNTA), the My­anmar Ministry of Hotels and Tourism, the Chinese Embassy in Myanmar […]

Taxis to be reduced by half in Myanmar’s Yangon

Myanmar’s Yangon regional authorities are planning to reduce the number of taxis running in the city by half in an effort to ease the current heavy traffic jam, an official of the Yangon Region Transport Administration told Xinhua Tuesday. At present, there are over 66,000 taxis operating in the city. As part of its efforts […]

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 […]

Myanmar Signs Agreement With Asian Development Bank to Boost Transport Infrastructure

​​ The Asian Develop­ment Bank (ADB) and Myanmar have signed an advisory servic­es agreement to improve transport through public-private partnerships. ADB will provide stra­tegic and transaction ad­visory services to support the Myanmar govern­ment’s bid to identify and develop transport pro­jects, the agency said. “Improving Myanmar’s transport infrastructure is critical to achieving inclu­sive growth in the […]

Myanmar to Upgrade Livestock and Fisheries Sector for More Export to EU Market

YANGON, Nov. 25 (Xinhua) — Myanmar will implement an upgrading program for the country’s livestock and fishery sector in cooperation with European Union (EU) and German state-owned organization GIZ, according to the ministry of agriculture, livestock and irrigation of Myanmar Friday. U Khin Maung Maw, a director general from Myanmar’s fishery department and Dr. Pefra […]

AIIB Looks Forward to Promoting Infrastructure in Myanmar: President

President of the Asian Infrastructure Investment Bank (AIIB) Jin Liqun said here on Tuesday that the AIIB is looking forward to promoting infrastructure in Myanmar. A delegation from the AIIB led by Jin Liqun is visiting Myanmar. Speaking to the press in Nay Pyi Taw after meeting with Myanmar State Counselor Aung San Suu Kyi, […]

Thailand, Singapore eye in Myanmar’s solar energy sector

Two companies from Thailand and c have submitted proposals to Myanmar Investment Commission(MIC) to implement solar energy power projects in upper Myanmar, U Than Aung Kyaw, Deputy Director General of Directorate of Investment and Company Administration (DICA), told Xinhua at a press conference on Monday when asked. According to the proposal, Thai company has plan […]

Laos to share hydropower development expertise with Myanmar

VIENTIANE, Aug. 13 (Xinhua) — A hydro-electric-powered energy revolution has been afoot in South-East Asia over recent years with the movement of fresh and fast-flowing waters increasingly fueling the consumption of larger amounts of energy resources to spur socio-economic development, poverty reduction and improvements in both urban and rural areas. The region’s most diminutive nation […]

Third listed company postpones IPO on Myanmar’s Yangon Stock Exchange

YANGON, July 27 (Xinhua) — Myanmar Citizens Bank, the likely third listed company on Yangon Stock Exchange (YSX), would not start trading in July due to the bank’s unreadiness, U Thet Htun Oo, senior executive manager of YSX, told Xinhua Wednesday. The bank will hold the annual meeting with shareholders on July 30, then there […]