Better legislation to attract Austbusinesses to enter Myanmar

Though Myanmar has yet to receive investment from Australia in fiscal year 201718, the nation’s improved business regulations should arouse Australian investors’ interest, according to a diplomat. Nick Cumpston, economic counsellor at the Australian Embassy, said in an exclusive interview that the Union Parliament’s recent passage of the new Myanmar Companies Law could spur Australian […]

Yangon University’s Hlaing campus to reopen on December 4

Yangon – Authorities are renovating Hlaing campus of Yangon University in preparation for re-opening it on December 4, nearly two decades after it was closed, according to sources. The Hlain campus will open to the large number of first year arts and science students attending Yangon University. Pho Kaung, rector of Yangon University confirmed that […]

Fish breeding implemented in Yangon Region

Increasing the numbers of butterfish, or Nga-Myin, which fetch a good price in Japan and other countries, is being undertaken in a fish farming centre in Twantay Township, Yangon, according to the Fishery Department of Yangon Region. At the fish farming centre, butterfish are being bred through artificial insemination, officials said. The hatched fish will […]

Australian firms urged to invest in Myanmar

Nick Cumpston, counsellor at the Australian Embassy, said in an exclusive interview that the Australian government would encourage its businesses to seize enormous opportunities in the emerging market, thanks to Myanmar’s potential for faster growth in the near future. According to Cumpston, Australian firms’ interest in Myanmar has been on the rise, driven by the […]

Yangon University is modelled on Oxford, but there are no dreaming spires

Walking around Yangon, though there are the affluent areas and fast food restaurants that exist in nearly all big cities, these areas are few and far between. Poverty pervades in this former capital city to a greater extent than in many of its Southeast Asian counterparts. The military regime, though removed in 2013, has had […]

US approves $21m assistance to Myanmar

YANGON – The United States will provide an additional US$21 million (Bt730 million) in assistance to Myanmar, to promote economic growth and capacity building for long-term development in the country. The initiative will support the government’s goal of tripling exports in five years; strengthen the ability of the government and the legal system to provide […]

Myanmar can flourish by sowing seeds of agricultural prosperity

On 30 March, Htin Kyaw, a long-time adviser and ally of Aung San Suu Kyi – whose National League for Democracy party achieved a historic victory inrecent elections – became the first elected civilian to hold office in Myanmar since the army took over in 1962. The NLD won the democratic battle and enjoys unparalleled political capital and […]

Who’s who: Myanmar’s new cabinet

Take a look inside the National League for Democracy’s new proposed government with insider profiles of the party’s 18 candidates for ministerial posts: Daw Aung San Suu Kyi (foreign affairs; president’s office; education; energy and electric power) The National League for Democracy leader needs little introduction. Has vowed to rule “above the president”, and with […]

Steering Yangon clear of urban disaster

Smart urban planning will determine Yangon’s future and – if the government gets it right – could be worth tens of billions of US dollars. U Thant Myint-U, founder of non-profit Yangon Heritage Trust (YHT), said yesterday that urban policy planning will determine whether or not Yangon will have a multi-billion-dollar-a-year tourism industry. “It will […]

Universities prepare charters for next academic year

Officials at Myanmar’s 169 colleges and universities are busy drafting charters for their respective institutions, which will allow them to be self-governing starting from the upcoming academic year, a senior official from the Ministry of Education said earlier this week. “The charters will be put into effect this December [when the academic year starts], so […]