Transforming Myanmar’s corporate landscape

For more than a century Myanmar companies have been regulated by the colonial-era Myanmar Companies Act of 1914. The law shares similarities with company laws from other former British colonies such as Singapore, Malaysia and Hong Kong – yet while they have updated their laws to reflect the realities of modern businesses, the Myanmar Companies […]

Hitachi looks to expand infrastructure business in Myanmar

NAYPYIDAW — Hitachi seeks to utilize its proprietary technologies in IT and other areas to help modernize Myanmar’s infrastructure beyond just the aging rail lines, the chairman of the Japanese conglomerate told The Nikkei during a visit to the Myanmar capital. Much of Myanmar’s railways date back to the British colonial era and the country has been slow […]

Myanmar faces entrenched drug problem

Yangon, Myanmar – The eradication of illegal narcotics has been declared a top priority by Myanmar’s new civilian government under Nobel Peace laureate Aung San Suu Kyi. State Chancellor Suu Kyi instructed government ministers to implement a ramped-up, 100-day plan at the start of May, according to U Zaw Htay, deputy director general of the President’s Office. […]

How ASEAN is adapting to a democratic Myanmar

Aung San Suu Kyi will land in Bangkok for the first time since her triumphant 2015 election victory on June 23. Her Thai military hosts know something about elections: They tend not to respect their outcomes. As Myanmar’s democratic icon knows well, if you want to do high-level diplomatic business in Southeast Asia then you […]

Myanmar’s coffee growers bank on specialty niche

MANDALAY, Myanmar — When Tin Win Win opened Fuji Coffee House and Restaurant in Yangon in 1996, she had to make special trips abroad to source quality coffee beans. “She used to hand carry back Brazilian and African beans and process them with a mini-roaster,” recalled her son, Thu Zaw, who now heads the family’s […]

IWT advised to SELL — IWT considers corporatisation or privatisation to recover losses

TO cover losses stemming from the water transportation business the Ministry of Transport and Communications is considering turning its Inland Water Transport programme to do either corporatisation or privatisation, said Union Minister for Transport and Communications U Thant Sin Maung yesterday. “The Asia Development Bank has suggested two options : Either corporatisation or privatisation for […]

Canada announces $44M for democratic reform in Burma

Canada will provide $44 million to support democratic reform initiatives in Burma as the country transitions into its first civilian government in more than 50 years. Foreign Affairs Minister Stéphane Dion announced the funding via teleconference from Burma on Thursday morning, saying the money will go towards strengthening accountability through data analysis and better government management […]

Squatters move to contested rubber plantation

Scores of people are moving to a former rubber plantation in Kawhmu township, Yangon Region, attracted by the chance of owning their own land, while mystery surrounds the real ownership status of the plantation. The Suukalat plantation emerged as a centre of controversy in 2013 when the large plot was awarded in a murky tender […]

Thailand eyes Myeik archipelago as new investment destination

Thailand‘s tourism minister has made her first trip to Myeik archipelago to assess the opportunities for investment along the untouched coastline of Tanintharyi Region. Myeik district, home to almost 700,000 people, mirrors the far more frequently visited shores of southern Thailand, along the opposite coastline of a narrow strip of land. Officials from Thailand and […]

Myanmar’s Suu Kyi says peace process will be government’s priority

Myanmar’s Aung San Suu Kyi said on Monday the country’s peace process will be the first priority of her new government that will take power later this year, following a landslide victory in a November election. The country has struggled for decades to reach lasting peace agreements with a multitude of ethnic minority guerrilla groups […]