Border trade with China picking up
Border trade between China and Myanmar, hit hard by the COVID-19 outbreak, appears to be picking up. Trade along the Myanmar-China border had plummeted as China closed border crossings and internal trade routes in an attempt to slow the spread of COV
Malaysian company announces USD 750 million development in Yangon
A major Malaysian developer has announced plans to build a roughly USD 750 million mixed-use project in Yangon. Malaysian conglomerate Berjaya Land Berhad, or BLand, operating in Myanmar as BDS Smart City Co. Ltd, signed a lease for 74 hectares in Da
EUR 50 million waste-to-energy project green-lit
Parliament has approved a Polish-funded waste-to-energy project for a Yangon landfill. The EUR 50 million project will convert 1000 tons of daily waste (around 60 percent of Yangon’s total daily household waste) into fuels and chemicals for use
Mandalay to upgrade street lights and signs
The streets of Mandalay will soon be alight with thousands of new lights, and marked with new signs, city officials said. U Zaw Win, of the Mandalay City Development Committee (MCDC), said the city will install around 10,000 new street lights, which
Gwa, Rakhine, slated for beach resort
A local developer is requesting permission to build a luxury beach resort in Gwa, Rakhine State, that could help establish a new tourism destination to the western coast. The locally-owned Sea Lion Group has proposed the new “eco resort”
