China-Myanmar high-speed railway route planned
Myanma Railways has decided on a route for a high speed railway linking Mandalay with Muse on Myanmar’s northern border. It could dramatically increase access between the two countries. The route will begin in Amarapura, just south of Mandalay,
Myanmar foreign debt now totals US$10.2 billion
Myanmar ended the 2017-2018 fiscal year with US$10.2 billion in foreign debt, the Joint Public Accounts Committee reported to the Union Parliament. That is an 11.5% rise from the previous fiscal year. According to the committee, China is Myanmar̵
EU grants €8 million to develop Myanmar trade
The EU has pledged €8 million in funding to develop Myanmar trade. It supports initiatives within the ARISE Plus Myanmar program. The latter is designed to bring Myanmar businesses up to international standards. The International Trade Centre will
Burgeoning solar power to address electricity demand
Myanmar launches the first commercial solar plant in June 2019 and has completed the first stage of construction. Each of the three stages will add up 40 megawatts (MW) while the fourth and last stage will add 50MW. It will ultimately be ASEAN’s la
Mandalay to become smart city
Myanmar’s royal city, Mandalay, has tumultuous history marked by decades of British rule and the fall of the country’s royal dynasty. Myanmar’s second largest city’s officials now strive to metamorphose the agglomeration into the first sm
