Air Cargo:Emerging Myanmar requires patience

After more than two decades of isolation, the nation of Myanmar is moving back into the international market. As this Southeast Asian country makes cautious steps towards democracy, the forwarding industry is watching – and waiting – for opportunities to turn Myanmar into the region’s next logistics powerhouse. For some logistics firms, the wait may be […]

Bangladesh to import more gas from Myanmar

The government is upbeat over a ‘visible’ win of Nobel peace laureate Aung San Suu Kyi’s National League for Democracy (NLD) party in Myanmar’s parliamentary elections and eyeing afresh to import natural gas from that country. “We have a fresh plan to purchase natural gas from Chinese firms which have stakes in Myanmar gas fields […]

Row over Chinese loggers reflects poor understanding of Myanmar

The Chinese media’s misinterpretation of Chinese citizens being sentenced to 10 years or more for illegal logging in Myanmar reflects poor understanding of the Southeast Asian nation’s policies, according to Guangzhou’s South Reviews. Myanmar president Thein Sein pardoned 6,966 prisoners on July 30, including 155 Chinese nationals who were sentenced on July 22 to between […]

Samsung considers appliance plant in Myanmar

“Samsung Electronics is considering building plants to produce white goods in Myanmar as the company has been seeking new manufacturing posts to cut labor costs and improve efficiency,” sources told The Korea Times, Monday. It is negotiating on key conditions with the Southeast Asian country. “Investment will occur in a few years,” one said. “Looking […]

Myanmar seeks joint-venture partners for oil imports, storage and sales

SINGAPORE: Myanmar is seeking joint-venture partners to import, store, distribute and sell oil products in the Southeast Asian country, according to a tender document seen by Reuters. The Myanma Petroleum Products Enterprise (MPPE) operates storage facilities and is in charge of retail and wholesale distribution of petroleum products under Myanmar’s Ministry of Energy. It now […]

Tourist Arrivals: Myanmar Up & Vietnam Down

Prime Minister Nguyen Tan Dung has criticized the tourist industry for failing to make use of its potential and advantages for growth as Vietnam posted yet another decline in foreign tourist arrivals in the first half of this year. Only 3.8 million international tourists visited the Southeast Asian country in the first six months, an […]

Myanmar’s Traditional Fashion Choices Endure

YANGON— The sartorial choices of Myanmar’s men and women quickly catch the eye of any visitor to this tropical Southeast Asian country. Most girls and women, irrespective of age, adorn their cheeks with a distinctive yellowish-white paste, called thanaka. Boys and men also sometimes apply the cosmetic made from ground bark but they mostly stand […]

Myanmar investment outreach forum to be organized in New York

YANGON, Sept. 14 (Xinhua) — A first ever Myanmar investment outreach forum, involving Myanmar senior government officials and many Myanmar and foreign leading businessmen, will take place in New York on Sept. 24, aimed at promoting international investment in the Southeast Asian country, the forum organizer told a press conference here Sunday. Under the title […]