JFE Engineering to Build First Waste to Energy Plant Myanmar

Tokyo based waste to energy technology manufacturer JFE Engineering Corporation has received an order to supply the first waste incineration power plant in Myanmar’s (Burma) Yangon City using the bilateral Joint Crediting Mechanism (JCM) between Myanmar and Japan. The company explained that the JCM is a bilateral scheme that enables Japan to achieve its emission […]

German giant returns to Myanmar

German engineering group ThyssenKrupp has returned to Myanmar to resume a relationship that dates back more than 85 years. It opened an office in Sule, downtown Yangon, last month to show the group’s commitment to the long-term growth of Myanmar, said Stefan Schmitt, ThyssenKrupp’s Asia-Pacific CEO, adding that the Myanmar market was part of its […]

Business With Bounce

Mandalay-based Sein & Mya Mattress Industry Co., Ltd. is one of the country’s leading manufacturers of mattresses. Founded in 1994, it has two factories in Mandalay and seven stores nationwide, including one in Yangon. The Irrawaddy’s Kyaw Hsu Mon talked to the company’s founder U Kyaw Min about what it takes to succeed in Myanmar […]

Swiss giant Nestlé moves into food and beverage production

Swiss food manufacturer Nestlé SA has confirmed that it is preparing to invest around US$50 million in Myanmar’s food and beverage industry over the next six years, in the latest sign yet of the Myanmar consumer market’s attractiveness to international firms. A statement from the President’s Office issued on September 8 said that the investment […]

Facebook provides cheap alternative for small businesses

Increasing numbers of small businesses in Myanmar are being drawn to Facebook and other social media sites to advertise their products and grow their customer base. The social networking site has grown in popularity over the last four years due to its interactive nature and the ability of business owners to connect with customers in […]

Myanmar Trade Centre reopens after decade-long closure

The Myanmar Trade Centre will resume its operations and local businesses are expected to lease exhibition and meeting venue, Directorate of Trade, Ministry of Commerce, said yesterday. The MTC was shut down following a bomb explosion in May, 2005. Its reopening is slated for later this month. Business operators can lease the MTC for showcasing […]

Government to charge wine distributor

Executives of wine importer Premium Distribution will stand trial and face a possible prison term after a government investigation revealed the company was unable to produce an import licence for about 80,000 bottles of wine stored at its warehouse in Yangon, officials said. On December 4, a task force from the Ministry of Commerce raided […]