News

Myanmar to receive revenues from China-Myanmar crude oil pipeline

Myanmar will gain financially from the China-Myanmar crude oil pipeline, which began operations in early April after the two countries signed an agreement for the transport of crude oil, said officials. The crude oil transport agreement was signed on April 10 in Beijing during president U ...

Forget the South China Sea, this is Asia’s real water war

While tensions in the South China Sea have the potential for limited skirmishes far out to sea, the competition over the resources of the Mekong River is putting millions at risk of natural disasters, famine and regional instability. The Mekong River provides a vital lifeline ...

Nation's renewable energy options explored with assistance from China

Laos must increase understanding of the rapid development and expanding use of renewable energies and the revolution in energy production and distribution especially for technical officials responsible for the field. This was among the messages delievered at a meeting that took place in the capital ...

Govt to punish agencies sending workers abroad illegally

The government will revoke the licences of labour recruitment agencies that are sending domestic workers illegally for employment abroad, Union Minister for Labour, Immigration and Population U Thein Swe warned on Monday. He said individuals operating these errant agencies would also be blacklisted, adding that ...

New marine breeding zones in Twante, Yangon to accelerate GDP growth

A plan to boost the fisheries sector will be drawn and implemented after the current monsoon period to accelerate GDP growth in Myanmar, Yangon Region Chief Minister U Phyo Min Thein said. The plan will be implemented in the Twante and Yangon areas, he said ...

Thai-Myanmar border market hit by floods

Border market in Mae Sai district of Chiang Rai was flooded after Mae Sai river overflowed banks and flooded houses and border markets along both sides of the river. The water level in the fast-flowing Mae Sai river overflowed banks following continuous rains that lashed ...

Ministry to lift ban on livestock export

The government has signalled its latest measure to boost the country’s agriculture and husbandry industries by offering loans to farms and lifting the ban on livestock export, according to the Ministry of Planning and Finance. At a meeting with Vice President U Myint Swe and businessmen ...

Deep-sea port needed for delta region to boost logistics

Developing a deep-sea port at the delta region, reforming the customs valuation process and increasing customs’ operating hours are policy recommendations endorsed by an advocacy group. The recommendations are published in the position paper released by the European Chamber of Commerce Myanmar (EuroCham) in June as ...

Sugar traders ordered to balance inventory amid glut

Banned sugar re-exporters must balance their inventories by month-end, according to a letter from the Directorate of Trade, one sugar trader told The Myanmar Times. The order comes amid an oversupply of sugar in Myanmar and collapse in the price of sugar bound for China, from ...

Over 130 schools closed in flooded Magwe

About 130 schools have been closed and over 30,000 victims have been relocated in Magwe Region due to rising water level of the Ayeyarwady and Chindwin rivers.Magwe Region Social Welfare, Relief and Resettlement Department head U Myint Soe told The Myanmar Times, “The schools are ...

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