The Shwe Taung Group, whose chairman was once accused of ties to the narcotics trade, has become the second local company to partner with the US software giant.
The Asian Development Bank will provide US$80 million to an electricity infrastructure project in Rangoon to upgrade the city’s electricity transmission.
Two weeks since the general election, Burma’s reference foreign exchange rate has slid further against the US dollar, sitting at just under 1,300 kyat.
RANGOON — In his first visit to the country since the National League for Democracy’s landslide win in Burma’s Nov. 8 general election, NLD spokesman Nyan Win will travel to Japan on Nov. 26 to meet with Burmese communities there. Nyan Win, who is also an NLD central executive committee member, told The Irrawaddy on […]
The Irrawaddy speaks with Kyaw Zaw Oo, the independent MP-elect for Sittwe Constituency 2 in the Arakan State Parliament, about the policies he plans to put forth and his vision for the troubled state capital. A former member of the RNDP and Arakan National Party (ANP), Kyaw Zaw Oo surpassed his rivals from major parties […]
Bankers are urging the Central Bank of Myanmar to reconsider a new reserve requirement ratio that might leave many of Burma’s commercial banks struggling.
An ambitious renovation at Mandalay’s Kuthodaw Pagoda, home to a set of stone inscriptions known as “the world’s largest book”, is almost complete.
Waste collection in the commercial capital suffers from a lack of municipal funding.
Burma’s outgoing Parliament convenes for its final session before surrendering seats to newly elected lawmakers, aiming to make strides on investment reform.
The Asian Development Bank has pledged US$60 million for a water management project in Mandalay to improve the city’s urban environment and public health.
RANGOON — Business leaders have welcomed the National League for Democracy’s (NLD) thumping victory in the Sunday election, saying the opposition is well poised to drive economic growth when it forms the next government in March. Industry insiders say that the change of government is certain to lead to the easing of remaining sanctions, along […]
RANGOON — Politicians and analysts have urged a leader’s meeting requested by NLD leader Aung San Suu Kyi to take place as soon as possible, in order to ensure a stable transition to the next government. On Tuesday morning, Suu Kyi sent separate letters to President Thein Sein, military chief Snr-Gen Min Aung Hlaing and […]
RANGOON — As the dust settles and results trickle in, it appears that Burma’s ruling party has suffered a number of serious setbacks as ministers, sitting lawmakers and a top party official have come forward to accept defeat. While official results of Sunday’s historic vote are still pending, a picture has begun to emerge of […]
RANGOON — The collective gaze of Burma’s business community will be firmly fixed on the country’s general election on Sunday, the results of which could herald key changes to economic policy and legislation in 2016. On the eve of the poll, The Irrawaddy spoke with six prominent businesspersons to probe their views on what the […]
Two days ahead of Burma’s historic general election—billed as the country’s freest and fairest in 25 years, and sure to be a fierce competition—increased emphasis has been placed on upping the security of voters and streamlining the electoral process at polling stations. Police Col. Win Bo, deputy head of the Rangoon Division Police Force, recently […]
RANGOON — A political analyst has pegged Irrawaddy Division and the capital Naypyidaw as two regions dominated by Burma’s ethnic Burman majority that the opposition National League for Democracy (NLD) will struggle to win when voters go to the polls in just a few days’ time. The delta region townships of Hinthada, Maubin, Myaungmya, Ingapu, […]
Managing director of the Mandine Real Estate Agency Than Oo discusses Burma’s real estate market, which has been seeing a cool-down ahead of the election.
RANGOON — The daughter of former dictator Ne Win has used a public announcement in the Messenger newspaper to distance herself from her son, who has spoken expansively on his political opinions to a number of media outlets in recent weeks. Khin Sandar Win and her husband used Tuesday’s announcement to admonish Aye Ne Win […]
RANGOON — Should the National League for Democracy (NLD) win the necessary majority in Sunday’s general election, the next logical question is: who will the party put forward as a presidential candidate? With the party’s ever-popular chairwoman, Aung San Suu Kyi, constitutionally barred from the top post, there is much speculation, but no clear frontrunners […]
Locals involved in the gem trade have called for reform to the sector after an explosive new report into Burma’s jade industry.