Macau seeks business opportunities in Myanmar

The Macau Myanmar Friendship Association (MMFA) organized a business trip to Yangon and Bagan with the expectation of developing trade relations with the country, TDM reported. MMFA perceives Myanmar’s new government as promoting a healthy environment for young companies from Macau that wish to expand their businesses to the country. The visit is seen as […]

Taiwan Cooperative Bank opens representative office in Yangon

Taiwan Cooperative Bank (合庫銀), the banking arm of Taiwan Cooperative Financial Holding Co. (合庫金), opened a representative office in Yangon, Myanmar Thursday, making the office the fifth foothold of the bank in the fast-growing Association of Southeast Asian Nations (ASEAN) market. The four other outlets in the ASEAN market consist of one branch located in […]

Ch Karnchang eyes inroads into Myanmar

THAI construction firm Ch Karnchang has teamed up with its subsidiary TTW to explore business opportunities in Myanmar. TTW is conducting a feasibility study on water-treatment plants, starting with one in Mawlamyai. It expects to announce a decision early in the new year. “We’ve been working on expanding into Myanmar in the past few years. […]

Myanmar Offers Growth Opportunities To Indian Companies

Indian Prime Minister Narendra Modi is slated to attend the East Asia summit in Myanmar in November. Speculations are rife that investments that will be made in the country. According to a senior official of Indo-Myanmar Chamber of Commerce and Industry, several Indian companies may expand enormously in Myanmar. He said that “There is little […]

Channel NewsAsia launches Yangon bureau

YANGON: Channel NewsAsia held its Business Insights Seminar in Yangon on Thursday as part of the official launch of its Yangon bureau. Participants agreed that laws in Myanmar are still vague and uncertain, despite progress made in the legal environment. But many are still optimistic about the business opportunities the country has to offer. Launching […]

Taiwan Manufacturers to Tap Myanmar, Laos Market

Taiwan’s top trade promotion body said last week that it will organise tours to explore business opportunities in Myanmar and Laos in March, targeting the industrial product market in the two countries, where demand for machinery and power supplies is high. In Myanmar, demand for imported machinery is high in the agricultural and industrial sectors, […]

Thilawa SEZ’s progress will determine Japanese investments — Japanese minister

YANGON—Japan is quite hesitant about investing in Myanmar and its future investments will depend on the progress of the Thilawa Special Economic Zone, said Yoshihiko Isozaki, Japan’s Vice Minister for Economy, Trade and Industry, on Saturday. “Several Japanese leaders visited Myanmar this year. Japanese investors are really interested in boosting bilateral trade. In fact, Myanmar’s […]

Telenor Myanmar invites distribution partners and franchisees

YANGON—Telenor Myanmar announced yesterday that it has launched a partner programme in preparation for the rapid rollout of a modern telecommunications network in Myanmar. The programme will create new business opportunities for local businesses and entrepreneurs looking to become authorized distributors and franchisees of Telenor’s products and services for customers in Myanmar. The Norway-based telecommunications […]

EWEC will boost business, tourism opportunities—ASEAN analyst

Consult-Myanmar welcome you to the 27th SEA Games Myanmar, 11-22 Dec 2013 Construction of the East West Economic Corridor (EWEC) connecting Mawlamyaine and Da Nang across four ASEAN countries will be completed soon, creating a tourism boom throughout the region, an ASEAN business analyst said at a workshop on competitiveness in the ASEAN Economic Corridor. […]

Myanmar Car Market: rushing in, but risks abound

“Sixty million people falling out of the sky – you’re not going to see that again in our generation,” quoted The Irrawaddy describing business opportunities in Myanmar. Investors including carmakers have been rushing to tap those opportunities. Nissan and Mercedes-Benz are the latest global OEMs to join Suzuki, Mitsubishi, Toyota, Ford, GM, Kia and Hyundai, […]