Myanmar Labour Market beyond 2015

Decades of isolation had kept the world away from Myanmar until recently. The democratisation process that began in early 2011 has resulted in a ground breaking free and fair election in November. With the new democratically-elected government expected to take reign in March, this could become a big turning point to flourish Myanmar’s labour sector. […]

Indonesia’s SOEs Minister encourages Pertamina to expand business abroad

The State Owned Enterprises (SOEs) Minister has encouraged state-owned oil and gas giant Pertamina to expand its fuel business to neighboring countries such as Thailand, Vietnam and especially to Myanmar, where Pertamina have been urged to operate gas stations by 2018. “With their prime-service in the gas station business, Pertamina must be able to compete […]

Myanmar looks to FDI boost

LEADING businessmen in Myanmar’s manufacturing industry expect a surge in foreign investment as the country welcomes a newly elected government, saying it would be warmly welcomed as it would help strengthen local competitiveness. In an interview with The Nation, Zaw Min Win, chairman of Myanmar Industries Association, said he foresees influx of foreign investment in […]

Thailand’s ruling general bets US$83 billion on taming the wild frontier with Myanmar

BANGKOK — For much of the past century, the Thai border town of Mae Sot stood on one of Asia’s wilder frontiers. On the opposite bank of the swirling, mud-brown Moei River in neighbouring Myanmar, Karen insurgents waged a seemingly endless independence war. Smugglers trafficked guns, opium, timber and gemstones. Then there was the two-way […]

Myanmar firms jittery over upcoming AEC

YANGON • Urbane, British-educated Thuta Aung, general secretary of a trade task force from Myanmar’s Ministry of Commerce, ventured to the rural riverside town of Hpa-an in the country’s south-east last month. The town sits on the banks of the Thanlwin about 300km from Yangon, the commercial centre of about 420,000 people. It is the […]

Authorities to Grade Myanmar Property Builders

Myanmar’s construction companies will be graded by the authorities as the Myanmar National Building Code comes into effect in 2015 to regulate the construction industry, U Aung Myint, joint secretary of Myanmar Engineering Council (MEC), said. Ahead of the implementation of the ASEAN Economic Community (AEC) next year, Myanmar construction companies are in rush to […]