Myanmar’s Gradual Embrace Of The Coke Trade

An illicit trade in Coke was quietly sustained for more than 60 years in Myanmar, serving the country’s elite and providing a living for a few bold smugglers. Only the wealthy could afford to shell out as much as $2.99 for a red can smuggled in from neighboring countries and sold in the country’s very […]

Japan focused on Thilawa, for now, not Dawei: Jetro

The Dawei Special Economic Zone still appeals to Japan, but for now its attention is focused on Thilawa, another industrial zone. Masaki Takahara, managing director of the Japan External Trade Organisation’s Yangon office, said recently that Japan realised the importance of Dawei for |connectivity within Asean, but the country cannot stretch itself to develop both […]

Myanmar’s power supply problems hurt growth

The opening up of Burma’s economy has generated feverish excitement among international investors. With a population of 60 million, a wealth of natural resources, and a need for just about everything, Burma, also known as Myanmar, is one of the world’s last untapped markets. And yet, while foreign direct investment has increased substantially since most […]

Investors Needed to Link New Hanthawaddy Airport to Yangon

Financial backing from the private sector is needed to link Burma’s proposed new international airport at Hanthawaddy with Rangoon, the country’ biggest city, government officials said. “We propose a highway and a high-speed train to Yangon,” Kyaw Soe, an official at the Department of Civil Aviation, told The Irrawaddy. Unable to put a number on […]

Japan ‘Making Up for Lost Time’ in Burma

Japan will lend Burma US$504 million and will cancel $1.74 billion of Burmese debt as part of a series of weekend deals that included a pledge to push development of a proposed port and commercial zone at Thilawa, a half-hour drive from downtown Rangoon, Burma’s commercial capital. Making the first visit by a Japanese prime […]