Myanmar Government to Accelerate Energy Projects and Amid Power Shortages; Says Sanctions End Up Hurting Foreign Investors, Local Workers and Businesses More

The Myanmar Government will accelerate development of hydrocarbon and renewable energy even as it repairs power lines damaged by terrorists … More

Myanmar Announces Direct Border Trade Currency Settlement with Thailand; Plans Similar Non-Dollar Convertibility with India in Near Future

Myanmar to Implement Commitments under ASEAN Economic Pillar The Myanmar Government has agreed to accept the Thai baht as an … More

Myanmar Government Approved USD 3.82 Billion in Foreign Investment and USD 651 Million in Domestic Investment in First Year of State Administration Council

The Myanmar Government said today it has approved USD 3.82 billion equivalent* in foreign investments and USD 651 million equivalent … More

Myanmar Government to Re-Open Land Borders, Resume International Travel in Early 2022 After Achieving Vaccination Targets Amid Clear Signs of Economic Recovery

The Myanmar Government announced today it will reopen land border crossings with China and Thailand next month ahead of a … More

Myanmar Government to Re-Open Schools, Revive Economy and Support Currency to Overcome ‘Triple Crisis Situations’ of Pandemic, Economic Slowdown and Issues of National Stability

The Myanmar Government announced today it would reopen schools from next month and take urgent measures to support its currency … More