As Myanmar continues to attract foreign investment, a sweeping study by the Organization for Economic Cooperation and Development has called for reform of state-owned industries.
Japan’s ambassador to Myanmar, Ichiro Maruyama, says Tokyo is committed to seeing the Tanintharyi Region project boost Asia’s economic connectivity.
Myanmar’s government has received good news in its efforts to overcome the COVID-19 downturn with investment coming from Japan and Singapore.
Despite the twin distractions of the general election and COVID-19, Myanmar continues to attract investment for major development projects.
Defying Myanmar’s newly extended ban on flights, a US delegation arrived this week promising to boost investment in Myanmar.
Sixteen international proposals have been submitted for the New Yangon City project to challenge the bid by the China Communications Construction Co.
Myanmar continues to attract foreign investment from Europe and Hong Kong, despite the impact of COVID-19, which continues to hit exporters.
The European Chamber of Commerce is looking to streamline the flow of investment from EU countries to Myanmar.
The Chinese tech giant is helping several major companies in Myanmar through their transition into the digital era amid fears over cybersecurity.
Myanmar is hoping to offset its COVID-19 woes by boosting foreign investment and allowing Yangon’s garment factories to reopen.
More than 600 Myanmar migrants, many of them ethnic Shan, made often arduous journeys to Chiang Mai in recent days to cast advance ballots for November’s election.
The health ministry says economic necessity has forced it to allow many of Yangon’s factories to reopen despite rising numbers of COVID-19 cases.
The financial institution says 75 percent of firms across various sectors have suffered because of coronavirus and only 8 percent look to banks to cover cash shortfalls.
This week Chinese firms won numerous solar project contracts across Myanmar and a Singaporean finance firm ditched the new city project in Karen State.
A human rights group says the Danish shipping giant, Maersk, will stop serving Myanmar’s military-owned ports in protest over Rohingya rights.