POSCO International said Wedneday it signed a memorandum of understanding with the Rural Development Administration (RDA) in an effort to improve the value chain of Myanmar’s rice industry. RDA …
Myanmar attracts US$5 billion foreign investment in 10 months
YANGON (Xinhua): Myanmar has attracted foreign investment worth over US$5 billion in the first 10 months of present fiscal year (FY) 2019-2020, according to the Directorate of Investment and Company …
Myanmar continues pushback against BRI: Chinese Eco Development Zone faces turbulence
After the Yangon mega city project where Beijings role has been minimised China funded Myitkyina Economic Development Zone (MEDZ) – part of BRI – in Myanmar’s Kachin state has run into rough weather …
20 Villagers Missing in Myanmar’s Chin State From Conflict in Rakhine
2020-08-04 — Twenty civilians from Chin state have gone missing between 2018 and 2020, with five of them allegedly abducted by Arakan Army rebels amid a 20-month conflict with Myanmar forces in …
Japanese retailer Aeon to invest $180m in first Myanmar mall
YANGON/TOKYO — Japanese retail group Aeon said Tuesday it would build a large commercial facility in Yangon, the biggest city in Myanmar, with an investment of $180 million, marking its first …
The deadly hunt for jade in Myanmar’s mines
Si Thu Phyo was scavenging for leftover gemstones when he felt the earth shake loose around him.The 21-year-old was hard at work in one of the world’s largest jade mines, in Kachin State in northern …
Mitsubishi eyes car production in Myanmar
TOKYO — Mitsubishi Motors is considering building vehicles in Myanmar, as the Japanese automaker … Details, such as the timing and the form of the business, have yet to be decided.
‘I feel guilty for surviving’: The deadly hunt for Jade in Myanmar
The 21-year-old was hard at work in one of the world’s largest jade mines, in Kachin State in northern Myanmar. He was just one of hundreds of jade pickers in the pits that day. He tried to run, as …
Myanmar to make civil service pensions compulsory under proposed legislation, report says
Myanmar will make pension contributions compulsory for the civil service under proposed legislation that is now with the Cabinet, according to the Myanmar Times, a local English language newspaper. U …
Myanmar extends COVID-19 restrictions to August 15
Meanwhile, those who need to travel to Myanmar for urgent official or business assignments should contact the nearest Myanmar embassy. The government will organise relief flights and special flights …