FDI increases for first time in two years
Figures revealed by the Myanmar Investment Commission (MIC) show a rise in foreign direct investment (FDI) for the first time in two years. Singapore was revealed as the biggest backer, according to an article in the Myanmar Times. The figures show t
Second friendship bridge opened between Myanmar and Thailand
Myanmar and Thailand have opened their second friendship bridge, connecting Myawaddy in Kayin State with Thailand’s Mae Sot. It is aimed at boosting trade and tourism between the two countries, according to an article in the Myanmar Times. The open
Protests held against nationwide hydropower dams
Civil society groups conducted a two-day protest in Mandalay last week against large-scale hydropower projects planned on the country’s rivers. According to an article in Frontier, on the first day of the conference participants celebrated the coun
Myanmar and China to sign MOU on rice exports
Myanmar and China are soon to sign a Memorandum of Understanding on the export of rice into China, according to a report in the Myanmar Times. China is a major export market for Myanmar, particularly for agricultural products. Until now no formal agr
Three airport upgrade deals expected to be signed
A series of agreements are expected to be signed later this month regarding the upgrade of three airports in Myanmar. The objective is to boost Myanmar’s tourism industry. According to an article in the Myanmar Times, the deals are related to t
