Can Coffee Replace Opium in Southern Shan State?

In the hills in southern Shan State surrounding Taunggyi, in Myanmar, up a tangle of roads barely passable in a Hilux, deep into an ocean of opium poppy fields barely clinging to the hillside, a few islands of other crops have sprung up. They are most prominently coffee and rubber – all part of a […]

Nestlé products to be made in Myanmar

Nestle will partner with Myanmar Distribution Group (MDG) to distribute its made-in-Myanmar products by the end of 2016, according to company officials. The Swiss giant plans to start working on its factory in Dagon Seikkan Industrial Zone within two months, pending approval of the venture by the Myanmar Investment Commission, said U Aung Maw Thein, […]

Yoma to Ramp up Myanmar Investments by $130 Million

Singapore-listed Yoma Strategic Holdings (YSH) last week announced its plans for a massive expansion of its business interests in Myanmar in a bid to diversify its portfolio and income stream in the frontier market of the Southeast Asian country. The company, which mainly deals in real estate and property, will bolster its push into Myanmar […]

Lotte Chilsung to sell drink products in Myanmar

YANGON – South Korea-based Lotte Chilsung will distribute and sell soft drink products in partnership with US-based PEPSICO, according to the Directorate of Investment and Companies Administration (DICA). The company applied for permission to open a branch office for distributing and selling its products in Myanmar. The Lotte Chilsung Beverages is one of Asia’s largest […]