Category: Highlights

Sri Lanka, Myanmar discuss ways to promote tourism

Following previous discussions held with the Myanmar Tourism Marketing Association, Sri Lankan ambassador to Myanmar, Dr. Nalin de Silva, supported by the Sri Lanka Tourism Promotion Bureau, held a virtual discussion with officers from Myanmar’

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Modern industrial hub “Yangon Amata Smart & Eco-City” project kicks off

In the very last days of 2020, Yangon Amata Smart and Eco City, a new “modern industrial hub”, held its groundbreaking ceremony in presence of many officials including Yangon Region’s Chief Minister, Thailand’s Ambassador to Myanm

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Myanmar on the brink of graduating from Least Developed Countries

The United Nations office in Myanmar reported that on January 6 the Government of Myanmar and the UN Resident Coordinator’s Office co-organized a joint meeting to discuss Myanmar’s graduation from the Least Developed Countries (LDC) category. Lea

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Manufacturing business conditions continue to deteriorate in December

The latest IHS Markit Myanmar Manufacturing PMI for the month of December paints a contrasted picture of the sector, going up to 44.7 in December 2020 from 43.2 a month earlier, the fourth straight month of contraction in factory activity but the sof

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Singapore firm taking Myanmar military conglomerate to court

After Japanese firm Kirin (see this week’s article), Singaporean firm RMHS said it plans to sue Myanmar military conglomerate Myanma Economic Holdings Public Limited (MEHL) over its “oppressive” behavior, alleging that it has ignore

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Inflation rate slows further in November

The latest inflation report issued by the Central Statistical Organization showed that the annual rate of inflation in Myanmar, based on the Consumer Price Index (CPI), continued dropping to 4.6 per cent in November 2020 versus 5.21 in October –

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