US terminated remaining sanctions against Myanmar on 7 Oct 2016

On 7th October 2016 – President Obama signed the Executive Order to terminate the remaining economic and financial sanctions against Myanmar that make it very difficult for US banks, financial institutions and companies to do business with Myanmar. That means the following group of people and entities have been removed from the US Sanction List […]

Complete List of 204 entities and individuals removed from the US Sanction List for Burma

The following deletions have been made to OFAC’s SDN List for Burma as of 7/10/2016:   STATE PEACE AND DEVELOPMENT COUNCIL OF BURMA [BURMA].   SHWE, Than; DOB 02 Feb 1935; alt. DOB 02 Feb 1933; nationality Burma; citizen Burma; Senior General, Minister of Defense and Commander-in-Chief of Defense Services; Chairman, State Peace and Development […]

Special Report: Investigation reveals gold mining destruction in Myanmar

A lengthy investigation published by Radio Free Asia is putting the spotlight on the disastrous effects of the poorly regulated gold mining industry in Myanmar. From unprecedented environmental destruction to the human toll of low-paying and hazardous jobs, RFA’s multimedia story delves deeply into the consequences of the country’s decision to open its mines to both multinational firms […]

Time to re-look your investment plan in Myanmar as Obama pledges to lift all remaining sanctions against Myanmar

President Obama this morning pledge that the US will lift all remaining sanction s against Myanmar after meeting Daw Aung San Suu Kyi at the Oval Office.   Currently the last remaining Myanmar tycoons on the SDN List are Steven Law of the Asia World Group U Zaw Zaw of the Max Myanmar Group U […]

Collier Yangon Hotel H1 2016 Review

Correction in ADR observed amid rising competition The hotel market in Yangon is currently in a state of rapid transition with supply rising to unprecedented levels. Colliers expects competition to further build up, and the correction in ADRs to be more pronounced in the near to medium term. Forecast at a glance   Demand – […]

Yangon Door2Door – Food Delivery growing from Strength to Strength

Delivery man on bike outside a restaurant The viability of a food delivery service in Yangon has been doubted in the past, but Yangon Door2Door and CEO Shady Ramadan are growing more popular. Traditionally, for a city to be suited to a food delivery business, it needed a few things. Firstly, a large, defined central […]

Finance Education in Myanmar: Demand Grows as Capital Market Develops

A student takes notes during a Bloomberg Terminal course at the Myanmar Institute of Business, August 2016/ Courtesy of the Myanmar Institute of Business) Traditionally, the small number of domestic investors in Myanmar have constructed investment portfolios primarily centered around cash, real-estate, commodities or currencies via position-trading. That’s beginning to change as Myanmar’s first stock […]

Myanmar Trade Show, Exhibition & Conference Calendar for the month of September & October 2016

Name, Venue & Organizer Date Power Southeast Asia Conference & Exhibition, PARKROYAL  Hotel, Yangon, Myanmar, BUiM Group. 06-07 Sep, 2016 Euromoney Myanmar Global Investment Forum, Myanmar International Convention Centre 2, Nay Pyi Taw, Myanmar. 13-14 Sep, 2016 Propak, Myanmar Event Park, Yangon, Myanmar, Bangkok Exhibition Services Limited. 22-24 Sep, 2016 Mita Myanmar Agriculture and Food […]

Construction materials trade opened to local-foreign joint ventures

The Ministry of Commerce has further relaxed trade restrictions on foreign companies, opening onshore trade in construction materials to local-foreign joint ventures, according to a July 7 announcement. International firms were barred until last year from Myanmar’s import-export industry, which was tightly controlled until 2011 by companies with ties to the former military regime. Last […]

Organic Farming Vs Commercial Farming in Myanmar

Myanmar needs to rethink its agricultural strategy if it wants to be a successful agricultural export nation. Past farming policy also needs to be reviewed in light of today’s challenges and tomorrow’s possibilities. In our study on organic farming in Myanmar we interviewed companies that market organic rice, organic medicine, organic fruits and organic vegetables. […]