Latest Myanmar News
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Squar Myanmars First Homegrown Social Network Wants to Beat Facebook
We all know that Myanmar is not only opening up, but it's also a market that is ripe for the pickings. Currently, big brands like Coca Cola are entering the fray and telcos are finalizing bids for providing nationwide internet and connections. The country's got some serious infrastructural and institutional catching-up to do. But Rita Nguyen, founder and CEO at homegrown social ...
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Myanmar must stand tall on illegal wildlife trade
World Economic Forum on East Asia. With Myanmar poised to take over as chair of ASEAN in 2014 leading up to the charted 2015 realization of the ASEAN Economic Community, the gathering marked a new milestone in Myanmar's political and regional leadership. But one key issue was not squarely tabled. As Chair of ASEAN, Myanmar would be well served to address the illegal wildlife trade. It is ...
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ICT exhibition to be held in Yangon
An information and communication technology (ICT) exhibition will be held in Yangon next month, aimed at empowering people with IT knowledge and enabling them to get in close touch with modern IT equipment, sources with the IT circle said on Sunday. Sponsored by Myanmar Computer Industry Association (MCIA) and Myanmar Computer Professionals Association (MCPA), the four-day exhibition at the ...
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Huawei chosen for Myanmar rollout
Chinese vendor Huawei has been selected to work with state-backed telco Myanmar Post and Telecommunications (MPT) to expand wireless networks in the country, local news portal Eleven Myanmar writes, citing sources ...
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Land grab report sent to president
Tin Htut, the chairman of the Farmland Investigation Commission, said that the panel has submitted an interim report to Myanmar President Thein Sein with a list of urgent recommendations. Although he was unwilling to divulge the exact details of the report, Tin Htut ...
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Myanmar rejects loan of white elephant to Thailand
Yangon - Myanmar on Wednesday turned down a request from Thailand for a loan of one of its "auspicious" white elephants to mark the countries' 65 years of diplomatic ties next year. Thai Foreign Minister Surapong Tovichukchaikul earlier this month asked his counterpart Wunna Maung Lwin for the pachyderm, to be housed at Chiang Mai Zoo. "The Myanmar foreign minister told ...
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Deloitte moving forward in Myanmar despite NY scandal
Accountancy firm Deloitte was fined $10 million by New York State on Tuesday for its misconduct in advising Standard Chartered Bank over money laundering in Myanmar, Iran, Libya and Sudan. According to ...
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Myanmar pushes human rights study
MYANMAR (Burma), formerly isolated internationally for its human rights abuses, plans to include the study of human rights at schools nationwide, a senior government official ...
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Rakhine issue sets the tone EU
Myanmar needs to be aware that how it deals with the ongoing strife in Rakhine State sets the tone in its developing image on the international forum, said a leading EU diplomat in Yangon on Wednesday. President Thein Sein impressed many with his speech to quell communal violence in April, but real stability will come from implementing rule of law, addressing human rights and by providing ...
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Lack of government leadership blamed for forced labor in Papun
A new report has called a bridge-building project in the Papun district of northern Kayin State "obvious forced labour." The report, released by the Karen Human Rights Group (KHRG) on June 18, details instances of alleged forced labour including cases involving women, children and the elderly. It also describes an incident involving a landmine that killed five villagers. The report ...
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Foreign investors eye leases on Yangon real estate
Several foreign businesspeople have recently made moves to lease land in Yangon, circumventing a longstanding law that no foreigner can buy or own land in Myanmar. According to local real estate agent Soe Wunna: "Several investors from Thailand and South Korea have contacted us with a view to leasing land in the Yangon area on which they wish to build condominiums. Since there is no right ...
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Don’t build walls between communities
(Buddhist monkhood) in Myanmar is proposing a law that would restrict marriage between persons of certain different faiths. And while not a physical wall, mentally it is no less a wall than I encountered in Belfast. Predictably, advocates of the law say that the legal measure will establish peace between troubled communities. Though somewhat quixotically, advocates also believe the measure will ...
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Unilever sets out goals for Myanmar
Unilever, the Anglo-Dutch global consumer goods company, will open its first factory in Myanmar next month as part of its 20-billion-baht (US$667 million) investment plan in consumer products in the ...
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Monks propose restricting interfaith marriages
More than 200 monks congregated at a monastery in outer-Yangon on Thursday for the beginning of a two-day Buddhist leaders' conference on Myanmar's continuing religious violence. A draft law was circulated at the opening ceremony, ...
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Shwe Mann calls for ‘a more inclusive society’
Myanmar's influential parliament speaker vowed Thursday to press forward with democratic reforms but said the country already had laws against discrimination amid a furor over anti-Muslim violence. Shwe Mann, a former general who is a key architect of reforms and is eyeing the presidency, was visiting Washington, where he said he hoped to study the US democratic system including the ...
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Firms line up for Myanmar
/enpproperty--> As senior decision-makers from around the globe descended on Myanmar's capital of Naypyidaw for the World Economic Forum on East Asia recently, multinational companies were lining up to explore the huge commercial opportunities in the country. At Standard Chartered, we're seeing strong, and growing, interest in Myanmar from clients across the globe and across all ...
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Myanmar Thailand Invite Japan To Join SEZ Project In Myanmar
YANGON, June 19 (Bernama) -- Myanmar and Thailand have invited Japan to join in the development of Dawei Special Economic Zone ( SEZ) in Myanmar's southern Tanintharyi region, China's Xinhua news agency said, quoting official media's report Wednesday. Myanmar and Thailand, which have agreed earlier for the move, further invited Japan at a tripartite meeting in Bangkok to ...
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Myanmars Democracy Transition Marred by Anti-Muslim Rhetoric and Violence
The Southeast Asian country of Myanmar has taken major steps to turn from a military dictatorship to a fledgling democracy. But that transition has also seen the rise of harrowing, deadly clashes between Buddhists and Muslims. Special correspondent Kira Kay reports from ...
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Over 140 joint ventures invest in Myanmars oil gas sector
The number of joint ventures between local and international energy companies now exceeds 140 say officials from Myanmar's Ministry of Energy. According to Myanmar's most recent foreign investment law, foreign companies are generally required to make joint ventures with local companies in order to invest in the oil and gas sector. On June 12, a total of 145 joint ventures have been ...
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Myanmar sees promising growth in clothing industry
Myanmar's clothing industry is expected to grow as a result of the country's readmission to a preferential EU trading scheme, according to sources from the industry. The European Union readmitted Myanmar to its trade preference scheme on June 12 which grants developing nations preferential access to the 27-nation bloc for several products in the form of lower tariffs. "This is a ...
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Centurion Announces Non-Brokered Private Placement
Proceeds from this financing shall be used to advance its Myanmar gold project strategy previously announced (March 8 & 12, 2013), project exploration activities and general corporate purposes. The financing is subject to the approval of the TSX Venture Exchange and finders' fees may be paid. ABOUT CENTURION Centurion Minerals Limited is a Canadian-based company focused on the ...










