YOMA leads the field in quality properties in Yangon

  Cyrus Pun is excited about the prospects for his company’s new real estate development in Yangon. As Head of Real Estate and Executive Director of YOMA Strategic Holdings Limited, Cyrus Pun says Myanmar’s real estate market is young. But judging by the quality of the property Lotus Hill that his company is rolling out, […]

Thailand reaffirms Dawei plans, but does Myanmar?

“The governments of Thailand and Myanmar reaffirmed that the Dawei megaproject will create thousands of jobs and improve the livelihoods of people along the border,” according to Thailand’s caretaker Prime Minister Gen Prayuth Chan-ocha. Prayuth was speaking at a joint press conference in Bangkok on Friday. Myanmar leader Aung San Suu Kyi also addressed reporters, […]

Support is better than protection, government’s new economic policy

“Our government will not give favour to anyone and there will be no discrimination. We will give all Myanmar nationals equal opportunity.” Union Minister of Planning and Finance Kyaw Win said at a meeting held at Union of Myanmar Federation of Chamber of Commerce and Industry (UMFCCI) on 13 June, the meeting was held for […]

German ambassador says investor sentiment, Myanmar relations could improve under new govt

German Ambassador Mr. Christian-Ludwig Weber-Lortsch talked to Mizzima Editor-in-Chief Soe Myint about the long history of German-Myanmar relations, the hurdles to investment, and the hopes for the incoming government. Mizzima: Today we had a new parliament dominated by the National League for Democracy. So how do you view the changes, or the reforms, that have […]

The many faces of Yangon, revealed on Facebook

A photographic project featuring the people of New York has inspired a group of Yangon teenagers to capture images of a diverse range of the city’s residents. The “Humans of New York” project started in November 2010 with a target of collecting 10,000 portraits of city dwellers and has become a social media phenomenon, with […]

In a Crowded Marketplace, Burma’s Daily Newspapers Struggle

RANGOON — Six months after private daily newspapers stepped into Burma’s media market, publishers are still struggling turn a profit. While some in the business see a hopeful future, the dominance of state-run media and a lack of advertising interest mean some titles have already dropped out. Earlier this year, more than 26 private companies […]

Myanmar soft drink company says Coca Cola is no threat

Blue Mountain Soft Drink Company expects to expand in the coming years, despite the influx of foreign brands including Coca Cola, says Chairman Dr. Sai San Tun. Sai San Tun, who heads parent company Lwe Hein told Mizzima that the company expects to increase its market share, despite speculation from critics that the brand would […]

Myanmar’s media faces fresh challenges

It is a new dawn for media in Myanmar—censorship has been lifted; 10 daily newspapers are now being printed, with another 14 on the way; and, reporters are free to write what they please. But the rush to this liberalized market has brought with it a fresh batch of problems for journalists, editors and media […]