Category: Highlights

China’s Kyaukphyu deep-sea port gets closer to becoming reality

As previously reported, one of the China-Myanmar Economic Corridor’s main components, the Kyaukphyu Economic Zone has inched one step closer this week to becoming reality. Part of the global Belt and Road Initiative aiming to connect China to g

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Myanmar’s biggest taxpayers revealed

Myanmar’s government honored the country’s top taxpayers for the 2018-2019 tax year in Nay Pyi Taw earlier this week. The ceremony was held at the Presidential Palace and the president himself, U Win Myint, attended the ceremony as report

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Agricultural products exports up by USD 500 million this FY

The Ministry of Commerce reported that exports of agricultural products are on the rise YoY over the 10 months of the current fiscal year (until July 31st), at USD 3.3 billion up from 2.8 billion in the corresponding period last year. Main agricultur

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Yangon bus operator goes digital with prepaid card service

Asia Starmar Transport Intelligent Co. Ltd. has officially launched its prepaid card service for its 597 buses in Yangon this week. The company said that more than 9,100 payment cards for use on Yangon Bus Service buses were sold in five days since J

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EU disburses USD 43 million to support Myanmar’s education

The European Union (EU) announced this week that it will be disbursing EUR 37.625 million (USD 43 million, MMK 59.693 billion) to further support education reforms in Myanmar. It is the third payment from a total of EUR 221 million provided by the Eu

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Korean-Myanmar industrial complex to be established in Yangon Region

A Korean-Myanmar Industrial Complex is set to be established on 556 acres of land in Hlegu Township in Yangon Region. Construction of the project is expected to begin in October this year. It will be the first South Korea-funded industrial complex in

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