Can Rangoon’s Traffic Woes be Solved?

RANGOON — Dr. Maung Aung has the ambition to ease a shared source of suffering for Rangoon residents since 2011—traffic congestion—by the end of the year, implementing a series of changes from a computerized traffic control system to a drastically streamlined bus network. He is the secretary of the Yangon Region Transport Authority (YRTA), formed […]

Japan’s MHM merges with Thai firm in first tie-up of its kind

Mori Hamada & Matsumoto (MHM), one of Japan’s largest law firms, has acquired leading firm Chandler & Thong-ek (C&T) in Thailand as part of a push into South East Asia. The acquisition comes just over a year after the Japanese firm opened its third ASEAN office in Bangkok. The office is located in the same building […]

Pertamina Woos Myanmar Retail Fuel Business

Jakarta. State energy company Pertamina is optimistic to begin selling fuel to retail customers in Myanmar and Cambodia this year, as it seeks to expand business in the Southeast Asia region. Pertamina is bidding to sell oil fuel in Myanmar with Myanmar Petroleum Products Enterprise (MPPE) and expects to receive the bidding result in the next […]

Indonesia’s SOEs Minister encourages Pertamina to expand business abroad

The State Owned Enterprises (SOEs) Minister has encouraged state-owned oil and gas giant Pertamina to expand its fuel business to neighboring countries such as Thailand, Vietnam and especially to Myanmar, where Pertamina have been urged to operate gas stations by 2018. “With their prime-service in the gas station business, Pertamina must be able to compete […]

Noble Twin Dragons Guides Myanmar Out of the Fog

Jakarta. Myanmar today is like a young lady dressed up and ready to compete after many years of being controlled by her previous reign. Now development is fast-paced and if you blink you may miss the latest changes. It takes strong nerves to handle the challenges, but Noble Twin Dragons, a new rising Myanmar company […]

Indonesia’s Lippo to Open 12 Hospitals in Myanmar

TEMPO.CO, Jakarta – Lippo Group plans to open 12 hospitals in Myanmar with a total investment between US$400 million and US$500 million, Lippo Group deputy chairman James Riady said on Monday, April 20, 2015, on the sideline of the World Economic Forum event at the Shangri-La Hotel, Jakarta. According to James, the 12 hospitals will […]

ANZ and Woodside lead the investment in Myanmar

It’s closing in on midnight when our taxi pulls up outside a run-down apartment block on the edge of central business district of Myanmar’s commercial hub and former capital Yangon. The attendant lounging on a chair out front, shows us up a short flight of stairs to the entrance; down the end of the corridor, […]

MyanmarCarsDB Pulls Ahead With Frontier Digital’s Investment

Humble founders of digital startups can take heart: Just because a deep-pocketed foreign company plants web stakes in a less developed country doesn’t necessarily spell doom for the little guy. There’s a significant proviso, though, that wasn’t true a decade ago: the first mover startup needs to attract generous angel investors pretty early on. Despite […]

Bank Negara Indonesia to open representative office in Myanmar

State lender Bank Negara Indonesia (BNI) is due to open its first-ever representative office in Myanmar in November to facilitate the expansion of fellow state-owned enterprises (SOEs) in the neighboring country. According to the deputy general manager of BNI’s international division, Rahmad Hidayat, the bank will submit a proposal to Myanmar’s central bank next week. […]

Myanmar’s Lagging Public Infrastructure

Myanmar’s railway system is perhaps the last historical relic that anyone is lining up to save. While the moldy facades of colonial buildings are receiving makeovers with bright new coats of paint, any change that comes to this dilapidated rail system will likely be as slow as the train cars that jostle people and freight […]