Transforming Myanmar’s corporate landscape – Aung Naing Oo and Winfried Wicklein

For more than a century Myanmar companies have been regulated by the colonial-era Myanmar Companies Act of 1914. The law shares similarities with company laws from other former British colonies such as Singapore, Malaysia and Hong Kong – yet while they have updated their laws to reflect the realities of modern businesses, the Myanmar Companies […]

A New Law to Bring Major Reforms to Myanmar Corporate Sector

Myanmar is undergoing significant economic liberalization and reforms designed to promote economic growth and investment. Now is also the time to undertake the legal reforms required to support economic liberalization – reforms in regulation of companies that have occurred in many neighboring countries in our region undergoing significant economic growth. These reforms in company law […]

Myanmar consumers trust quality of Thai products, survey finds

SANTIPHONG Pimolsaengsuriya, chief executive officer of Havas Riverorchid, a marketing communication specialist in the CLMV markets (Cambodia, Laos, Myanmar and Vietnam), said Myanmar’s potential was clear from a survey the group did in May. It involved 504 respondents in Myanmar, who rated their trust in products made locally and from major exporters including Thailand, Singapore, […]

Meat demand rises in Myanmar

Meat consumption in Myanmar has grown due to an influx of tourists and investment, while a limited manufacturing base presents new opportunities for international suppliers. Almost 90% of Myanmar’s population are Buddhist and almost a third live below the poverty line, factors which have historically kept meat consumption levels low. Also, Myanmar consumers have tended […]

India setting up 9 border trade points with Myanmar

Keen to boost border trade between Northeast India and the neighbouring Southeast Asian countries, the Indian government is setting up nine border haats or markets along the border with Myanmar, a top official said on Wednesday. Addressing the inauguration of the Eighth Delhi Dialogue here, Anil Wadhwa, Secretary (East) in the Ministry of External Affairs […]

Myanmar, Vietnam and India’s consumers extremely optimistic about the future

For the first time since 2012, consumers in Asia Pacific are not optimistic about the immediate future, according to the recently released MasterCard Index™ of Consumer Confidence (H2 2015). Between November and December 2015, 8,779 respondents, aged 18 to 64 in 17 Asia Pacific markets, were asked to give a six-month outlook on five economic factors […]

Indians least generous in South Asia, Myanmar tops the list: poll

India is the least generous country among eight South Asian nations and ranks a dismal 106th in a global report of people who help strangers, donate money or volunteer their time for a good cause. The research by London-based Charitable Aid Foundation (CAF) found that Myanmar ranked highest in the world for generosity, with the […]

Myanmar businesses slow to adapt to improvements in Internet

Our study of the Myanmar industry shows that Myanmar businesses are still lagging behind in the use of Internet technology. We studied 72 audit/accounting firms and 44 law firms in Yangon and were flabbergasted to find that 93% and 68% respectively do not have websites and 70% of them are still using Gmail. Our study […]

Tun Tun Min must find answer to Kerr questions

Who is the best? That’s the titular question being asked this weekend at Thein Pyu Stadium as Myanmar’s lethwei golden belt champion faces up against yet another international challenger on October 11. This time, the man entering the ring with Tun Tun Min will be Daniel Kerr of New Zealand. A seasoned veteran of more […]

Pun Hlaing Hospital gets injection of capital and ideas

IT has been open for more than nine years, but Pun Hlaing Hospital is yet to turn a profit for First Myanmar Investment’s shareholders The company’s management is betting, however, that an injection of US$10 million and a new philosophy on healthcare provision will bring the hospital a new – and profitable – lease on […]