Myanmar garments to get US boost

Aung Thein, vice president of the Myanmar Industries Association and managing director of Nibban Electronics, welcomed the move, saying it would boost exports to the US and strengthen local industries. Garment factories would reap the most from the decision, he said. “For the time being, some well-known brands like H&M have been making some of […]

Myanmar looks to FDI boost

LEADING businessmen in Myanmar’s manufacturing industry expect a surge in foreign investment as the country welcomes a newly elected government, saying it would be warmly welcomed as it would help strengthen local competitiveness. In an interview with The Nation, Zaw Min Win, chairman of Myanmar Industries Association, said he foresees influx of foreign investment in […]

40 Thai subcontractors seek business in Myanmar

“All our members want to expand their markets and are willing to cooperate with companies in neighbouring countries,” said Somkiat Chupukcharoen, president of TSPA and managing director of SCC Tech Co. “We want to know more about Myanmar people and culture, etc. We must know each other first. Only then will we be able to […]

Liquor drought before wine plan

The foreign liquor drought has continued for weeks since a late February move by some retailers to pull booze off the shelves, after promises of legalised imports did not materialise. Officials from the Myanmar Retailers Association head office in Yangon said they remain hopeful the government will pursue an explicit policy on alcohol imports that […]

Auto part importers jostle for position

There are more cars on the road than ever before, but the supporting industries are not yet up to speed, say would-be auto part importers. Several high-profile international car manufacturers have set up shop in Myanmar, with a few like Nissan also announcing plans to open local assembly plants and others like Toyota holding discussions […]

Foreigners get a taste for food investment

Myanmar Industries Association (MIA) plans to support foreign investment in food production joint ventures as they apply for permission to set up in the coming months, said its chair U Zaw Min Win. The food industry has been picking up steam on the heels of entry by large international companies including American drink makers Pepsi […]

Myanmar Trade and Business Association List

We get alot of questions about what are the various business and trade associations other than UMFCCI that a foreign investor should know about. Appended below is the list that we recommend: Myanmar Gems & Jewellery Entrepreneurs Association     29,Min Ye Kyaw Swar Rd.,Ward (8),LMDW 218451, 2300159   Association of Myanmar Architects [AMA]     Ward (9),HLG 519673~76 […]