News
Myanmar parliament approves Thai loan for Mekong corridor towns development
Myanmar’s Union Parliament has approved borrowing a loan from the Neighboring Countries Economic Development Cooperation Agency (NEDA) of Thailand for the Greater Mekong Subregion (GMS) East-West Economic Corridor towns development project, parliament sources said Friday. Keep reading ...
INGOs Discourage Repatriation for their Own Interests: Gov’t Spokesperson
The Myanmar government’s spokesperson U Zaw Htay has accused international non-governmental organizations (INGOs) of deliberately discouraging refugees in Bangladesh from returning to Myanmar due to their own business interests. Speaking at the government’s press conference on Friday, U Zaw Htay, also director-general of the President’s ...
Myanmar, Cambodia lead Asean’s soaring minimum wage growth
Countries across Asean are experiencing rapid economic growth, and the associated improvements to the standard of living are conspicuous. Increasing trade means increasing wages — and wage growth is integral to the growth of regional economies. Keep reading ...
Myanmar gets more foreign investment than any other poor nation
Myanmar attracted the most foreign direct investment of any of the world’s so-called “least developed countries” in 2017, even as the nation’s reputation plummeted over its forced expulsion of tens of thousands of Rohingya Muslims. The $4.3 billion worth of realized FDI that went into ...
Myanmar's neighbors to call for 'accountability' in Rakhine crisis: draft statement
Southeast Asian nations will call for those responsible for atrocities in Myanmar’s Rakhine state to be held “fully accountable”, according to a statement prepared for a regional summit, reflecting a stronger line being taken within the group. The draft of the chairman’s statement, which was reviewed ...
Myanmar agrees smaller deal for China-backed port after 'debt-trap' concern
Myanmar on Thursday signed an agreement with China’s state-run CITIC Group to begin work on a deep-sea port in the west of the country, after negotiations that saw the initial phase of the project scaled back over fears of a “debt trap”. Myanmar Deputy Minister of ...
Myanmar: EU mission assesses human rights and labour rights situation
A monitoring mission of experts from the European Commission and the European External Action Service visited Myanmar from 28 to 31 October. This follows deeply worrying developments highlighted in various United Nations reports, in particular as regards human rights violations in Rakhine, Kachin and Shan ...
Myanmar Fails to Advance in World Bank’s Ease of Doing Business List
Myanmar showed no improvement in its overall ranking in the World Bank’s latest ease of doing business index, retaining the No. 171 spot it held last year—and remaining the least favorable ASEAN member country in which to conduct business. Keep reading ...
Malaria Cases in Myanmar See Huge Drop, Thanks to Efforts by Community Health Workers
Instances of malaria in remote and rural locations in Myanmar have fallen dramatically during a six-year period as a result of trained community health care workers providing a wider package of services along with screenings for the disease transmitted by mosquitoes in tropical regions, a ...
8000 Rohingyas to return to Myanmar soon, FM tells ASEM Summit
Bangladesh’s Foreign Minister AH Mahmood Ali has expressed hope that the first batch of eight thousand Rohingya people would be able to return to their original villages in Rakhine State of Myanmar soon. Citing the issue of forcibly displaced Myanmar nationals who took shelter in ...
