Saturday, 28 February 2015
Published in Natural Resources
Paunglaung-dam-construction
 Paunglaung dam in 2013. Photo: Mizzima

The Myanmar government plans to focus efforts on building 20 hydropower plants within the Ayeyarwady River basin, according to HydroPower news on February 27.

Rakhine farmers protest over gas pipeline compensation

Myanmar workers set to protest against Thai oil company

Monday, 09 March 2015
Published in Technology
Myat Hnin Phyu ,Senior Manager of Digital Services with the award. Photo: Ooredoo
Myat Hnin Phyu ,Senior Manager of Digital Services with the award. Photo: Ooredoo

Ooredoo Myanmar has announced it was awarded the GSMA’s “Connected Women: Leadership in Industry Award” for its work to empower women in Myanmar.

Developing world drives cheap smartphone boom

Gmail now available in Myanmar language

Thursday, 12 March 2015
Published in Economy
mobile-phone-handsets
Photo: Lynn Bo Bo/EPA

Myanmar’s mobile subscription count grew 87 percent year-on-year, to 10.7 million at end-September 2014, pushing mobile penetration to 19.9 percent, up from 12.5 percent at end-2013, according to global analyst firm Ovum in a press release on March 12.

Yangon a city with a ‘bright future’: Wealth Report

Taiwan seeks Myanmar workers

Friday, 13 March 2015
Published in Property
Located opposite the Sule Shangri-La Hotel and the Sakura Tower and adjacent to the famous tourist destination of Bogyoke Aung San Market, the Landmark Development project is at the heart of the downtown Yangon business district. The prime site currently hosts FMI Centre, the Grand Meeyahta Hotel building (which ceased operations in October 2013) and one of Yangon’s most famous heritage buildings, the former Burma Railway Company Headquarters, which was built in 1877. Graphic: Yoma Holdings
Located opposite the Sule Shangri-La Hotel and the Sakura Tower and adjacent to the famous tourist destination of Bogyoke Aung San Market, the Landmark Development project is at the heart of the downtown Yangon business district. The prime site currently hosts FMI Centre, the Grand Meeyahta Hotel building (which ceased operations in October 2013) and one of Yangon’s most famous heritage buildings, the former Burma Railway Company Headquarters, which was built in 1877. Graphic: Yoma Holdings

Property developer Yoma Strategic Holdings has won approval from the Myanmar Investment Commission for a lease extension that will let it redevelop the former headquarters of the Myanmar Railways Company into a five-star hotel, reports Channel News Asia on March 13.

Nay Pyi Taw to get new residential, commercial complex

Large construction projects near Shwedagon suspended

Tuesday, 10 March 2015
Published in Investment
QNET-Myanmar
QNET Director Mr Krishna Kumar, (L) signs the agreement with local partner, QNET Agent U Kyi Min Han (R) on March 9, 2015. Photo: QNET

Asian company QNET, part of an estimated US$178 billion [K178,000 billion] global direct selling industry, has entered the direct selling sector in Myanmar and has set up an office in Yangon, according to a press release from the company on March 10.

Korean company plans for Myanmar cable car

Kandawgyi Lake site

Wednesday, 20 August 2014
Published in Sanctions

NEW YORK (AFP) - New York state's banking regulator fined Standard Chartered Bank US$300 million and imposed restrictions on its dollar-clearing business on August 19 for not detecting possible money laundering.

Kerry's Nay Pyi Taw hotel stay did not breach sanctions, says US embassy

US ambassador defends sanctions decision

Saturday, 14 March 2015
Published in Trade
Myanmar-India trade route Kalemyo to Tamu town, a border town, on November 28, 2014. Photo: Hong Sar/Mizzima
Myanmar-India trade route Kalemyo to Tamu town, a border town, on November 28, 2014. Photo: Hong Sar/Mizzima

Trade between India, the world’s second-most populous country, and the Association of Southeast Asian Nations is targeted to double by 2022 from an estimate of US$100 billion [K100,000 billion] this year, as an economic partnership pact is expected to be signed later this year, reports the Jakarta Globe on March 12.

Myanmar-India bilateral trade to hit US$10 billion by 2020

Japan eyes Mekong development beyond 2015

Wednesday, 18 March 2015
Published in Dawei
Construction underway at the Dawei Special Economic Zone site. Photo: Mizzima
Construction underway at the Dawei Special Economic Zone site. Photo: Mizzima

China is showing interest in reviving long-standing proposals for a deep-water canal through the narrowest part of Thailand’s long peninsula to link the Indian Ocean with the South China Sea.

Agreement on Dawei SEZ moves closer

Dawei residents’ losses are a problem for Myanmar, not Thailand

Monday, 16 March 2015
Published in Service
An AirAsia plane about to take off behind a boarding Malaysia Airlines plane on the resort island of Phuket, southern Thailand, November 2, 2014. Photo: Barbara Walton/EPA
An AirAsia plane about to take off behind a boarding Malaysia Airlines plane on the resort island of Phuket, southern Thailand, November 2, 2014. Photo: Barbara Walton/EPA

Myanmar President U Thein Sein has offered Malaysia a chance to operate flights linking Malaysia and Mandalay, one of the country's main tourist attractions, according to Bangkok Post on March 16.

Six Myanmar airports get an upgrade

Myanmar online shoppers get easy payment option