News
Banpu stays afloat despite Chinese floods
SET-listed coal miner Banpu Plc says massive flooding in China that killed dozens of people and destroyed major transport systems had had no adverse effects on the company’s operations in the country.Keep reading ...
Trade in pulses, sesame seeds slackens after bank accounts frozen
Mandalay businessmen said prices of pulses and sesame seeds declined after a Chinese bank decided to freeze dozens of Myanmar traders’ accounts last month, triggering a slowdown in the trade of the commodities.Read more ...
The Chinese town at the epicenter of the global illegal ivory trade
When China announced at the end of 2016 that it would close its domestic ivory market within a year, the news was hailed as a “game changer” for African elephants, whose numbers are being driven down across the continent by poachers eager to meet the ...
How Southeast Asia can leverage China’s new Silk Road
In the deep valleys of northern Laos, the Nam Khan River – a major tributary of the mighty Mekong – slices through extraordinary scenery. Towering, mist-covered mountain ranges; a sublimely preserved Unesco heritage-listed city that was once a royal capital; rippling rice paddies and fishing ...
Belt and Road must learn from mistakes of Myitsone Dam, says academic
The success of China’s Belt and Road scheme hinges on whether Beijing can learn from the mistakes of Myitsone Dam and engage with Myanmar on an equal basis, the chair of a Singapore-based think tank told The Myanmar Times.Following the 2nd ASEAN-Myanmar Forum hosted by ...
Trump and China: implications for Southeast Asia
Before his inauguration, Chinese specialists judged that Trump, as a pragmatic businessman, could be ‘shaped’ to align with Chinese interests and would ultimately be easier to deal with than Clinton. President-elect Trump soon upended these sanguine expectations with a few gestures, comments and tweets. After ...
China’s squeeze on capital outflow felt in Cambodia
Stringent capital controls imposed by China’s central bank last November that scrutinise the outbound flow of money from the mainland have created uncertainty for Chinese investors looking at the Cambodian market and could jeopardise future and existing projects.Read more ...
Land-locked Laos on track for controversial China rail link
Construction of a 414 km railway line linking China to mainland Southeast Asia through Laos is underway in Phonesai village, about 30km north of Luang Prabang, the country’s ancient former capital and modern-day tourism center. A workers’ dormitory has been built under a banner in ...
Academics warn that China rail project could lead to bankruptcy
Academics have cautioned that the Bangkok-Nakhon Ratchasima high-speed train project could end in bankruptcy and fail to develop sought-after technology in Thailand. Chulalongkorn University yesterday held an academic forum on the controversial Thai-Chinese partnership, with many academics saying they believed that the government had not completely ...
Mandalay to China rice exports dip
Rice exports from Mandalay to China have dropped to almost nil due to finance difficulties caused by China’s decision to freeze 132 bank accounts of Myanmar citizens on June 14, said rice traders in the border region.The freezing of the bank accounts has caused difficulties ...
