Myanmar: Party of Aung San Suu Kyi dissolved
YANGON – The Myanmar military junta has dissolved the National League for Democracy (NLD), the party of ousted leader Aung San Suu Kyi, accusing it of electoral fraud and terrorism. The move is seen as a major blow to the … Continue reading Myanmar: Party of Aung San Suu Kyi dissolved
MYANMAR: TOYOTA POSTPONES PLANT OPENING
BANGKOK — Toyota Motor has decided to postpone the opening of a new plant in Myanmar amid heightened political uncertainty following the Feb. 1 coup, Nikkei Asia has learned. The plant was scheduled to open this month. As a showdown … Continue reading MYANMAR: TOYOTA POSTPONES PLANT OPENING
Myanmar: Military removes central bank chief
TOKYO — As news of the military coup in Myanmar reached the halls of the Bank of Japan, staff raced to gather information about the ongoing developments. “They have apparently kicked out the central bank governor as well.” The shocking news … Continue reading Myanmar: Military removes central bank chief
Myanmar: NLD warns of return to dictatorship
YANGON – Myanmar’s military has taken over the country in an apparent coup and detained de facto leader Aung San Suu Kyi and other senior officials. The ruling National League for Democracy party has warned of a return to a … Continue reading Myanmar: NLD warns of return to dictatorship
Myanmar: Military arrested Aung San Suu Kyi
Yangon – Myanmar’s leader Aung San Suu Kyi and other senior figures from the ruling party have been detained in an early morning raid, the spokesman for the governing National League for Democracy (NLD) said on Monday. The move came … Continue reading Myanmar: Military arrested Aung San Suu Kyi
Myanmar: National League for Democracy secures majority
YANGON — Myanmar’s ruling party, the National League for Democracy led by Aung San Suu Kyi, says it won enough seats in Sunday’s general election to secure a parliamentary majority on its own. Election officials, however, continue to count ballots … Continue reading Myanmar: National League for Democracy secures majority
China President Xi Jingping visits Myanmar
MYITKYINA, Myanmar – The streets of Myanmar’s capital Naypyitaw were festooned with banners celebrating 70 years of Myanmar-China relations ahead of the arrival of President Xi Jinping on Friday for his first visit to the Southeast Asian nation as China’s … Continue reading China President Xi Jingping visits Myanmar
South Korean firm invests in Bago power project
Yangon – South Korea’s MCM Power Company will invest over US$35 million on a power generation and distribution project in Pyay township, Bago, according to U Thant Sin Lwin, Director-General of the Directorate of Investment and Company Administration (DICA). The … Continue reading South Korean firm invests in Bago power project
Myanmar: Country’s largest mini-grid unveiled
Mandalay – The Mandalay Yoma Energy launched Myanmar’s biggest solar mini-grid for rural areas in Magway Region. With the mini-grid, up to 400 households in Magway’s Lel Ma village now have access to electricity. Myanmar’s electrification rate is one of … Continue reading Myanmar: Country’s largest mini-grid unveiled
DHL scales up operations in Myanmar
Yangon – The DHL Supply Chain, one of the global market leaders for contract logistics solutions, announced the opening of its first multi-user warehouse in Myanmar. The company has invested approximately K1.58 billion (€1 million) in the facility located in … Continue reading DHL scales up operations in Myanmar