IFC report recommends alternative to Myitsone Dam
A new study by IFC has recommended not re-starting the controversial Myitsone hydropower dam in Kachin State. Alternative measures to develop hydropower in the country are also put forward. The Strategic Environmental Assessment (SEA) proposes multip
IMF and the World Bank revise growth forecasts for Myanmar
The International Monetary Fund (IMF) and the World Bank have both cut their GDP growth estimates for Myanmar in 2018-19. This highlights further indications of a lack of confidence in the country’s economy. In a statement, the IMF revised its grow
Tourism awards aim to highlight responsible activities
The second Myanmar Responsible Tourism Awards (MRTA) were held in Yangon this week. The aim of the awards is to highlight those tour companies that promote sustainable practices and empower local communities. “We want to encourage change in the ind
Myanmar visa rules relaxed for Indian visitors
The Myanmar visa rules relaxed for Indian visitors to the country beginning this month. Visas on arrival (VOA) can be applied at the country’s three international airports, at Yangon, Nay Pyi Taw and Mandalay. “The VOA for Indian citizens is simi
EU considers tariffs on Myanmar and Cambodia rice exports
The European Commission is considering putting import tariffs on rice from Cambodia and Myanmar in order to protect the interests of farmers within Europe, according to a Reuters report. The article said the group was considering introducing “safeg
