Japan grants major infrastructure loans
One week after China signed a batch of new trade deals with Myanmar, Japan announced that it will provide Myanmar USD 1.1 billion in loans to fund four major infrastructure projects. The agreement, signed by Japanese ambassador to Myanmar Ichiro Maru
Daw Suu meets with Chinese foreign minister
State Counsellor Daw Aung San Suu Kyi met with Chinese foreign minister Wang Yi in Nay Pyi Taw last week. The two discussed China and Myanmar’s ongoing economic and political partnerships. The meetings marks one of the state counsellor’s
Thailand to set guidelines for link with Myanmar
The Thai government is mulling the guidelines and standards for the vital infrastructure that will link the country with Myanmar’s Dawei Special Economic Zone. Thailand’s National Economic and Social Development Council (NESDC) has reques
Embassy quashes rumors of Korean exodus
The Embassy of the Republic of Korea has officially denied rumors of a mass exodus of Korean businesses from Myanmar. The embassy issued a statement that emphasized South Korea’s commitment to investing in Myanmar. It also claimed that it had not h
