Local alcoholic beverage production on the rise

Local beverage production in Myanmar often tops 25 million gallons annually, and in this fiscal year, more than 33 million gallons were produced between April and December 2014, according to the National Planning and Economic Development Ministry. Beer production tops all other alcoholic beverages, and alcohol consumption in the country has risen significantly in the […]

Foreign companies show growing interest in Thilawa SEZ

A total of 45 companies from 11 countries – including Japan and the United States – have submitted proposals to invest in the Thilawa Special Economic Zone (SEZ), a major industrial complex located on the outskirts of Yangon. More than 17,000 intended subscribers offered to buy a total of more than 4 million shares, at […]