Government to investigate Chinese-backed border development
The government announced that it will establish a special tribunal to investigate Shwe Koko, a large, Chinese-backed casino resort planned for the Thai-Myanmar border. The tribunal will investigate allegations of law violations and under-the-table de
DICA optimistic about garment sector despite losses
Although the garment industry has suffered under COVID-19 with hundreds of factories closed and tens of thousands of workers sent home, the Myanmar Investment Commission (MIC) believes renewed investor interest will get the sector back on its feet. A
Kirin to audit business partner
Japanese beverage giant Kirin will conduct its own audit of Myanmar Military-backed business partner Myanma Economic Holdings Public Company Limited (MEHL) after it failed to fulfill a request for details about its finances and governance. Kirin
Two new oil refineries planned
The Ministry of Electricity and Energy announced plans for two new high-quality oil refineries to be constructed along the Myanmar-China Crude Oil Pipeline. Speaking to members of the press, permanent secretary of the ministry, U Tin Maung Oo, said t
Government to bring in Korean cyber security experts
Myanmar’s National Cyber Security Centre (NCSC) will partner with South Korean cybersecurity firm SK Telecom to develop Myanmar’s cyber security infrastructure. Under the partnership, SK Telecom will send cybersecurity experts to Myanmar
