Ayeyawady contributing largest timber revenues

Ayeyawady Region is the largest contributing state for timber revenues to the central government in the fiscal year 2013-14. The government received Ks 400.57 million of Ayeyawady’s timber earnings, according to the study on natural resources, regional governments and wealth sharing in Myanmar. The study, under the title “Natural Resources and Sub-national Governments in Myanmar: […]

Tourism insiders watching Thai crisis

Thailand’s political upheaval has so far had little effect on Myanmar tourism, but is worth watching closely given the country’s importance for the industry in Myanmar, insiders say. Bangkok is by far the largest gateway for tourists arriving in Myanmar, but tourism has weathered past crises in Thailand and this one appears no different, said […]

Myanmar promotes alternative destinations to ease strain

MYANMAR is ramping up efforts to develop new destinations within the country as well as promote travel during rainy season in a bid to make its tourism industry more sustainable. While the plans fall short of offering incentives to hoteliers and travel companies to develop destinations outside of key hubs – namely Yangon, Mandalay, Inle […]

Japanese Firms Strike Hi-Tech Power Plant Deals with Myanmar

Two Japanese companies have agreed deals to develop advanced coal-fired power plants in Myanmar and Malaysia as part of a government drive to export energy-efficient technology to emerging markets, a report said. The Japanese government is seeking to promote the export of ultra-supercritical (USC) pressure technology power plants to meet expected growing demand in emerging […]

UMFCCI plans survey of business conditions

The Union of Myanmar Federation of Chambers of Commerce and Industry plans to use information gleaned from a business survey it begins this month to help the government formulate economic policy. The survey will also help the government to decide which sector or sectors to promote when the Asean Economic Community takes effect in 2015, […]

Japan helps Myanmar maintain railroads

Japan has provided modern railway equipment to Myanmar to help the country maintain its railroads, official media reported Thursday. The kinds of equipment, worth 5.327 million yens (about 53,270 U.S. dollars), was provided by the Japan International Transport Institute (JITI) to the state-run Myanmar Railways. Myanmar has been seeking assistance from the Japanese government’s International […]

Unilever Food Solutions looks to double B2B in Myanmar every two years

Unilever Food Solutions aims to double its business-to-business deals every two years in Myanmar, said Prasith Preechachalieo, managing director for Thailand, Indochina and Vietnam. He said the company, which is a unit of Unilever Thai Trading Ltd, began doing business in Myanmar in 2010, focusing on the restaurant market. Serving 200 restaurants in 2011, that […]