BLP to open in Myanmar with ex-Bakers Yangon MP

Berwin Leighton Paisner (BLP) is set to open an office in Myanmar after hiring Chris Hughes, formerly the managing partner of the Baker & McKenzie office there. Hughes, who will head the Myanmar office for BLP, stepped down from his previous role in late August. An emerging markets transactional specialist, he worked on finance deals, […]

Yangon is 44th priciest city in Asia Pacific

Expatriates and locals alike are complaining about the rapid increase in the cost of living Yangon should remain an attractive work place for expatriates, if their employers base the relocation decision on ECA International’s cost of living survey. The survey, released yesterday, showed that Yangon is the 44th cheapest city in Asia Pacific and 204th […]

Myanmar’s trade volume nearly hit US$16bn

Myanmar’s total trade volume has nearly hit US$16 billion in the first nine months of fiscal year 2013-14, according to the Ministry of Commerce. The trade volume reached US$15.92 billion between April 1 and December 6, which is US$3.65 billion up from the same period last year. The government has targeted US$25 billion for the […]

Unilever receives licence to open Myanmar branch

U.K-based multinational Unilever has been granted permission to open a branch office in Myanmar. The Directorate of Investment and Company Administration issued a temporary license to Unilever under services category through the one-stop service system last Wednesday. Established in 1930, Unilever is a consumer goods company which now distributes over 400 brands to 180 countries. […]