The NLD and a new dawn for old business

The past few days have been filled with casualties, as moguls hoping to re-take their seats in Nay Pyi Taw are expelled in favour of new faces. Some of the biggest names in business under the former regime – Yuzana Company’s U Htay Myint, Zaykabar’s U Khin Shwe, U Yan Win of A1 Group of […]

Deforestation in Myanmar threatens biodiversity and communities

As Myanmar opens for business, a new report has found forest conversion for commercial agriculture is spreading at an alarming rate with devastating results for the country’s ethnic minorities and biodiversity. Forest conversion for commercial agriculture is accelerating at an “unprecedented rate” in Myanmar, putting the country’s biodiversity at risk and increasing the likelihood of […]

US to waive timber sanctions for one year

The United States Treasury Department granted a special one year licence beginning in late July for certain US companies to trade with Myanma Timber Enterprise and other members of the timber industry currently under sanction by the United States. The announcement has drawn both praise and concern from forestry experts, with some applauding the hands-on […]

Doubts over log export ban

Experts say an export ban on raw timber that came into effect on April 1 could have a limited impact because of a lack of clarity from the government on how the ban would work in practice, as well as the effects of the conflict in Kachin State. This confusion could allow unscrupulous merchants to […]