Myanmar morning news for January 28

Myanmar to repay about 700 million USD debt in 2018-19 FY Until 2059-2060 fiscal year, Myanmar is expected to repay original loans and interests for the total external debt of 10.20 billion USD, according to […]

Myanmar to repay about 700 million USD debt in 2018-19 FY Until 2059-2060 fiscal year, Myanmar is expected to repay original loans and interests for the total external debt of 10.20 billion USD, according to […]

Rakhine launches new power infrastructure, aims for development Power transmission lines measuring 104 kilometres (60 miles) and a substation that will serve Ponnagyun, Rathedaung, Buthidaung and Maungdaw townships in Rakhine State have been officially launched. […]

Industrial zones hampered by poor infrastructure but demand remains Demand for Myanmar’s industrial zones beyond Yangon is bound to grow but poor transport and energy infrastructure have held back investments, a major study suggests. — […]

Supply of housing units to rise, spur more development Despite a rise in the number of housing units provided by the government and private sector, the gap between supply and demand for affordable homes in […]

Rakhine ups efforts to draw investments, hopes for development Rakhine State will target investments in tourism, fisheries and agriculture at an investment fair that will be held in February in Ngapali, southern Rakhine, Rakhine State […]

Maritime trade totals $6.26 bln in Q1 The value of Myanmar’s maritime trade in the first quarter of the current fiscal year was estimated at US$6.26 billion, an increase of $177 million compared with the […]

MIC allows 40 foreign and 10 domestic investment projects The Myanmar Investment Commission (MIC) permitted and endorsed 40 foreign and 10 domestic investment projects during a meeting held on 11 January, state media reported. — […]

Myanmar’s bilateral trade with the US increases Myanmar’s bilateral trade with the US in the first month of the 2018-2019 fiscal year topped US$63.6 million, an increase of $28.4 million, or 80.7 per cent, compared […]

EU likely to impose tariffs on Myanmar this week The European Union is likely this week to impose tariffs on rice coming from Myanmar for the next three years to curb a surge in imports, […]

Myanmar sends more troops to troubled Rakhine State The war in Myanmar’s western Rakhine State is likely to intensify as more government forces have been deployed to the area in the wake of rebel attacks […]

Reuters journalists lose Yangon court appeal against seven-year sentence A Yangon Region High Court judge has dismissed an appeal by Reuters reporters Ko Wa Lone and Ko Kyaw Soe Oo, upholding their sentence of seven […]

Myanmar raises efforts to export fishery products Two fish processing plants — TT Cold Store Factory and A&N Foods (Myanmar) Co. Ltd — have been granted permits to export fish caught in the wild to […]