Panelists at the German-Myanmar Industry 4.0 conference said the country can leap into “Industry 4.0” with improved electricity and education.
The temporary reprieve, says U.S. Secretary of Commerce Wilbur Ross, will give operators relying on Huawei equipment time to make new arrangements.
Low-level and high-level officials are both involved in covering up and obfuscating corruption cases throughout government bodies, U Aung Kyi said.
Lawmakers cited a high number of complaints transferred to other governments bodies, soft sentencing and military impunity as key weaknesses to fighting corruption.
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.
The Trump aministration accused China of reneging on agreements to changes in Chinese law, yet claims to be positioned “right where we want to be with China.”
Around 1,200 attended the Yangon Investment Forum 2019 in Yangon this week, where officials touted the city’s investment advantages to potential investors.
In Mon State, parliamentarians and a former state minister are accusing their chief minister of going around the law to give a development contract to a private company.
Speaking to regional leaders at the launch of a new economic roadmap called “Vision Indonesia 2045,” Joko Widodo promises to cut red tape hampering investment.
Contributor Lin Tun writes that solar power should be seriously considered as an immediate solution to Myanmar’s growing power supply problems.
Following a wave of scams, the Central Bank has emphasized that it is the sole issuer of the domestic currency and warned against trading in digital currencies including Bitcoin.
The 20-year loan from a French agency would aid repairs on five hydropower plants throughout Myanmar as cities face blackouts and plants see water shortages.
The prospect of continuity should reduce uncertainty in Southeast Asia's second-largest economy and encourage foreign fund inflows, analysts and fund managers said.
Lawmaker says AYA Bank complained to Yangon Parliament that company has not repaid the loan it provided to buy buses to be operated under Yangon Bus System
The government has blamed ‘hollow transactions’, re-exports and a lack of control over the informal market for the depreciation of the kyat—but the business community disagre