Myanmar government
Myanmar clears 60% of foreign debt
Myanmar on January 28 announced a deal with international lenders to cancel or refinance nearly $6 billion of its debt, almost 60 per cent...
37% jobless in Myanmar, study finds
In a first ever countrywide study the Myanmar government found that 37 per cent of the nation's population are unemployed and an average of...
Costs of Dawei project exploding
The huge industrial zone planned in Myanmar's southern district of Dawei are expected to be significantly higher than estimated two years ago and reach...
Myanmar seeks to solve housing shortage
The Myanmar government is seeking bids for several housing projects with up to 120,000 apartments in Yangon. The Yangon City Development Committee (YCDC) has...
Intel feels Myanmar is “the right time”
California-based Intel Corp, the world’s largest semiconductor chip maker, announced on December 7 that it will be the first semiconductor manufacturer to provide technology...
Myanmar investment law sparks concern
The continued dispute about the new Myanmar investment law is unsettling investors and has sparked concerns that foreign companies might reconsider entering the country...
Myanmar to open banking sector
Myanmar, the secluded state in Southeast Asia, is showing first signs of easing its tight regulations for foreign investors in a bid to catch...
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Indonesia halts license issuance for fintech lenders to rein in digital loan sharks
Indonesia’s President Joko Widodo on October 15 ordered to halt license issuances for financial technology companies whose business entails digital lending to consumers and...
Stories of the week
Singapore considers setting up robotic security and defense squad
Singapore has plans to expand the city-state’s defense and security forces with mobile robots and through its state agency for defense science and technology...