Only 3% of rubber in global market produced in Myanmar, Cambodia, Laos

THAILAND remains the world’s largest rubber producer, accounting for 36 per cent of the total production last year, followed by Indonesia with 26 per cent and Viet Nam with 8 per cent, according to the International Rubber Study Group. Thailand has been the world’s largest producer of natural rubber since 1993. China is the fourth […]

After visa pact, Myanmar agents form more Singapore packages

  OUTBOUND tour operators in Myanmar are planning to add more Singapore packages in anticipation of increased traffic to the city-state after visa exemption is established between the two nations earlier this month. The 30-day visa-free travel agreement will take effect from December 1. Lynn Zaw Wai Mang, managing director of Unique Asia Ticketing and […]

Myanmar oil and gas: Going against the flow

For the first time since 2004, both the price Brent Crude and US crude have fallen below $30 a barrel. Many oil and gas production centres are floundering amidst the current crisis, yet one South East Asian nation is experiencing record growth in its energy sector. Over the past 24 months, significant foreign direct investment […]

Tap Oil to Retain Stake in Thailand’s Manora Block After Strategic Review

Australia’s oil and gas exploration and production company Tap Oil Limited provided Monday an update on the outcome of the Company’s strategic review and financing. STRATEGIC REVIEW Earlier this year, Tap announced a formal strategic review of its business and asset base to maximise shareholder value in response to the significant change in market conditions […]

Singapore firms rush to Myanmar, a slice of good life in hand

SINGAPORE — Three years after Myanmar liberalised its economy, a second wave of Singapore companies is flocking to the rapidly-developing South-east Asian country — setting up upmarket pre-school centres, swanky bars and eateries, as well as building posh condominiums. Quaich Bar and the Whisky Store, the Les Amis Group, as well as pre-school operator Modern […]

Redlink to provide free Wi-Fi for 27th SEA Games

Consult-Myanmar welcomes you to the 27th SEA Games Myanmar, 11-22 Dec 2013 YANGON, July 26 (Xinhua) — Host Myanmar will provide Wi-Fi free zones in Yangon and Ngwe Saung beach during the upcoming 27th Southeast Asian Games to be held in December, local media reported Friday. The services are provided by RedLink Communications Company of […]

New and Improved Airports Needed as Myanmar’s Tourism Grows, Officials Say

RANGOON — With the winning bids for Burma’s three major new airport projects due to be announced by the end of this month, officials say the contracts are necessary, given that the government hopes to draw over 7 million tourists to the country by 2020. The existing international airports for Rangoon and Mandalay will be […]

Hong Kong third-biggest investor in Myanmar

Mainland China is the biggest investor in Myanmar, with US$14.19 billion of cumulative investments, while Hong Kong ranks third with US$6.39 billion, PricewaterhouseCoopers revealed yesterday. Thailand was the second-biggest investor in its southeast Asian neighbour, with a cumulative investment of US$9.98 billion, said Jasmine Aung, Myanmar director at PwC. The Myanmese government was preparing to […]