The Bank’s report says with improvements in several sectors and reform implementation, Myanmar is set to see positive economic growth despite a slowdown in foreign investment.
The Ministry of Hotels and Tourism issued its second call for hotel and tour operators to stop accepting payment in US dollars, frustrating some small businesses.
The Myanmar government will once again allow the export of teak from private and state-owned plantations, but a ban on teak from natural forests remains in place.
A controversial proposal by the son of former dictator Than Shwe to build a hotel on 45 acres of what was once a wildlife sanctuary has been rejected.
The Myanmar conglomerate will partner with the Thai state-owned oil and gas distributor to develop about 70 filling stations across the country.
At a security summit Friday, Singapore Prime Minister Lee Hsien Loong urged the U.S. to accommodate a rising China, as Chinese and U.S. statesmen traded barbs.
The Japanese automaker said in a statement that its $52.6-million investment will produce about 2,500 Hilux pickup trucks and employ more than 130 beginning in 2021.
The Chinese telecom company filed a motion with a Texas court on Tuesday arguing that the 2019 National Defense Authorization Act violates the company’s due process.
With the landmark threatened by unrestrained development by the well-heeled, the draft law prioritizes local governance and environmental stewardship.
As the U.S. government restricts large swaths of Western trade with the Chinese tech giant Huawei, Myanmar opens its arms to the company for future digitalization.
Panelists at the German-Myanmar Industry 4.0 conference said the country can leap into “Industry 4.0” with improved electricity and education.
Outgoing envoy says unnamed ‘forces’ are creating misunderstanding about the controversial project in a bid to undermine China-Myanmar relations.
The temporary reprieve, says U.S. Secretary of Commerce Wilbur Ross, will give operators relying on Huawei equipment time to make new arrangements.
Huawei will immediately lose access to updates from Google’s Android operating system, which could hobble the Chinese tech giant’s business outside of China.
Thai-based Centara and Myanmar-owned KMA Hotels announced plans to renovate and reopen three KMA hotels and develop three new ones in Myanmar under the Centara brand.