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Myanmar ethnic groups partially agree on federal state principles

Representatives from the Myanmar government, military and eight armed ethnic groups reached agreements on various matters of contention, including the basic principles for establishing a democratic federal system that would give the groups greater autonomy, at the second meeting of the 21st Century Panglong Peace ...

SMEs in crisis due to failure to get bank loans

Small and middle-sized enterprises are facing a crisis due to difficulties in sourcing financing from banks, said the founder of City Mart Group of Companies, Daw Win Win Tint, “Not getting a bank loan means a catastrophe for the SMEs,” she said after SMEs Authoritative ...

Thein Sein recalls Myanmar's reform process

Former president says daunting challenges remain in Myanmar’s democratic transition. “I never dreamt of becoming president,” said Thein Sein, who stepped down as Myanmar president last year after a historic five-year term. Speaking at a regional forum in central Japan, he added that “the situation ...

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