UK to contribute GBP 4.8 million towards strengthening national health systems in CLMV
During an open-ended Troika virtual meeting between ASEAN foreign ministers and UK’s Foreign Secretary Dominic Raab, held virtually on September 30th, the UK committed to contribute GBP 4.8 million (USD 6.15 million) towards strengthening natio
First COVID-19 cases confirmed as country prepares for worst
The Ministry of Health and Sports has announced its first confirmed cases of COVID-19 in Myanmar. At the time of writing, three people have tested positive for the disease. The first two cases, both Myanmar citizens, were a 26-year-old man arriving f
Will coronavirus infect FDI?
Despite a global economic downturn due to the ongoing coronavirus epidemic, Myanmar’s foreign direct investment (FDI) has been on the rise. Recently, the Myanmar Investment Commission approved 25 new foreign investments totaling USD 90 million,
Myanmar officially virus-free despite lockdown
Myanmar remains one of the only countries in Asia with no official cases of the COVID-19 coronavirus. Nevertheless, the country has redoubled its prevention efforts, banning travelers from the hardest-hit countries and pouring resources into domestic
Signs of hope for pandemic-stricken economy
After months of stalled trade and a crippled tourism industry due to the COVID-19 epidemic, some economic sectors are showing signs of recovery even as others continue to slide. Since January, land trade with China, Thailand and India has taken a ser
