Japan will expand existing investments in Myanmar under the new Myanmar administration, said Mr. Hideo Watanabe, Chairman of Japan-Myanmar Association and former Member of the House of Councilors of Japan. He said that during the meeting with Daw Aung San Suu Kyi, State Counsellor Myanmar, in Naypyidaw on January 18. During...
South Korea-based POSCO Group is in talks to make two investments, which total around $900 million, in Myanmar, according to Myanmar Embassy in Seoul. U Thant Sin, Myanmar Ambassador to the Korea Republic, on January 11 met Mr. Kyoung-Ho “Michael” Park, General Manager of Energy & Infrastructure Group (Power &...
Ooredoo Group and Ericsson (NASDAQ:ERIC) have signed a global frame agreement for the supply of 5G radio, core and transport products and solutions, as well as related implementation and integration services for all 10 of the Group’s operating companies in Qatar, Indonesia, Algeria, Iraq, Kuwait, Oman, Palestine, Tunisia, Myanmar...
Myanmar and China have signed the MoU to conduct a feasibility study for the Mandalay-KyaukPhyu railway project, to be jointly carried out by the two countries. “Myanmar considers this China-Myanmar railway collaboration including the Mandalay-KyaukPhyu railway important since it is crucial for China’s “the Belt and Road” project. We appreciate...
The government of Myanmar will announce the Economic Relief and Reform Plan, Daw Aung San Suu Kyi, the State Counsellor of Myanmar, said in her address to the National Tourism Development Central Committee’s meeting held on January 8.  “We will issue a Myanmar Economic Relief and Reform Plan, which includes...
Every school around the world has faced an unprecedented year, and 2020 winds up, we speak to the teachers, parents, and students at Yangon American International School about the highs, the lows,  and the learnings.   Fostering a Community Online  “At Yangon American, we pride ourselves on being an inclusive community built...
Nara Green Tea will export hibiscus tea also called roselle herbal tea made from roselle bud to the United State.  “We will export roselle herbal tea at a price of $2 per box to the dealer in the States. Roselle herbal tea from Myanmar is not like those from other...
Myanmar Investment Commission has approved a $1 million investment proposal to build an underwear plant. The project was approved by the Yangon Regional Investment Committee, which has been approving foreign and local investment proposals aiming to bring investments during the Covid-10 period. The committee attended by the Chief Minister of Yangon...
The Union of Myanmar Federation of Chamber of Commerce and Industry (UMFCCI) said that the Covid-19 testing for the truck drivers using  Rapid Test Kits will not stop despite the new year holidays.  The authorities will conduct the covid-19 tests for truck drivers at the Myanmar Convention Center during the...
Myanmar Credit Bureau Limited (MMCB)  announced the official launch of its services to support financial institutions, consumers, and the country’s economic development on December 30. MMCB, Myanmar’s first and only credit bureau, is operating under a license issued by the Central Bank of Myanmar and has implemented a modern...