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Ruili Airlines starts direct flight between Yangon and Yunnan’s Dehong

Chinese service carrier Ruili Airlines has started its second direct flight, this time connecting Yangon and Dehong, Yunnan Province, on Sunday. Ruili Airlines will be flying four times weekly on Mondays, Wednesdays, Fridays, and Sundays from Yangon International Airport (YIA) to Dehong, the airport said in a statement. The airline will be flying a Boeing […]

Colliers Myanmar Mandalay Property Market Review 2018 and Outlook 2019

Summary & Recommendations Mandalay City continues to be a promising investment destination with big-ticket infrastructure and property projects being set in place. Township developments such as the Mandalay Resort City (NMRC), and Ye Dagun Taung mixed-use development, among others, are just some of these projects that will continually shape the city’s growing property landscape. Also, […]

On Myanmar border, a city thrives

Opening-up has played a key role in the economic development of Tengchong, Yunnan province, both in the past and today, local authorities say. “It is not hard to see that all the economically active periods in Tengchong’s history were those when we had close contacts and deep exchanges with South and Southeast Asia, and the […]

Can China-Myanmar Economic Corridor overcome hurdles to progress?

Recently, U Aung Naing Oo, director general of the Directorate of Investment and Company Administration of Myanmar, said that Myanmar and China will soon sign a Memorandum of Understanding (MoU) on building the China-Myanmar Economic Corridor (CMEC), one of the key projects of the Belt and Road initiative (BRI). The two sides reached a 15-point […]

China, Myanmar to sign MOU on Economic Corridor in 2018

China and Myanmar will soon sign a Memorandum of Understanding (MOU) on building the China-Myanmar Economic Corridor (CMEC), one of the highlight projects of the Belt and Road (B&R) initiative, according to reports by media in Myanmar. U Aung Naing Oo, Director General of the Directorate of Investment and Company Administration of Myanmar, was recently […]

PetroChina’s Yunnan refinery exports first diesel cargo

PetroChina’s new 260,000 barrels per day (bpd) Yunnan refinery exported its first diesel cargo on April 29, the company said on Monday via its official newspaper. The cargo was due to be carried by truck from Anning city in southern Yunnan province to the Ruili port on the China-Myanmar border, the paper said. The cargo […]

China’s poverty alleviation efforts in Myanmar help ease Rakhine State situation

China has been paying close attention to the Rakhine State conflict in Myanmar and the ensuing refugee exodus to Bangladesh. In March, during the legislative two sessions, Foreign Minister Wang Yi said China has always insisted on a peaceful and rightful way of dealing with international affairs, especially those at the center of attention. Nearly […]

Myanmar Metals to revive forgotten lead-zinc treasure – the Baldwin Mine

Perth-based Myanmar Metals is working hard to create a new chapter in the life of one of the worlds most fabled lead-zinc mines, the Bawdwin deposit in northeast Myanmar, where drilling began this week. A 5,000-metre drilling program is now underway to boost confidence in an already impressive estimate for the potentially world class lead/zinc […]

Overseas demand for locally-produced coffee expected to rise in 2018

Prospects are looking good for the Myanmar coffee industry, with coffee prices kicking off the New Year on a high level and domestic market conditions looking rather positive, coffee plantation workers said. The market price for ripe coffee cherries harvested in December is now K800-K900 per viss (1.6kg), which is at the higher end of […]

6 Chinese arrested in China for scam at Myanmar border casino

Six people have been arrested for allegedly organizing people from China to gamble in Myanmar and illegally imprisoning them to force them to pay gaming debts, Shanghai police said yesterday. The gamblers, at least five of whom have been identified so far, were illegally transported into Myanmar from Yunnan Province. Set up so they would […]