Aeon’s Myanmar debut marks milestone in reform

August 14, 2016 7:00 am JST A new joint venture will take over Orange stores like this one in Yangon. YANGON — The approval of Japanese retailer Aeon to open up shop in Myanmar is a hallmark of the country’s economic reforms, a result of efforts by the new government overseen by Aung San Suu […]

Qatar’s Ooredoo digs into Myanmar, says to target the mass market

* Plans to invest $350 mln in 2016, says to widen distribution * Dismisses suggestions of Myanmar exit * Ooredoo smallers telecom operator by subscriber numbers YANGON, Jan 29 Qatari telecoms firm Ooredoo is investing more in Myanmar this year in a bid to broaden its appeal, the head of its local unit told Reuters, […]

Business leaders endorse single visa for five Southeast Asian

Tourists will be able to visit five Southeast Asian nations on a single visa under a scheme recommended Monday at a regional business forum in Nay Pyi Taw according to the Global New Light of Myanmar on 23 June. The recommendation was one of six made by the Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) Joint […]

As China slows, can Myanmar benefit?

THE news out of China is about a “new normal” of slower economic growth – down to about 7 percent. But at the recently concluded 2015 Asia-Pacific Council of American Chambers of Commerce (APCAC) held in Singapore, the focus was on the growth potential of the 10 nations comprising the Association of the Southeast Asian […]

Myanmar needs more infrastructure

MUSE, Myanmar — Towering apartment blocks are going up on the northern bank of the Shweli River in the border town of Ruili, in China’s Yunnan Province. On the opposite river bank, in Myanmar’s Shan State, the ground is being prepared for something similar in Muse. In the late 1930s, the ancient trade and migration […]

US top clothing brand Van Heusen opens outlet in Yangon

Van Heusen, US top-selling menswear brand, has opened its first outlet in Myanmar at the Parkson Departmental Store, FMI Centre in the commercial city Yangon, according to VH Myanmar Ltd. There are rapid changes taking place in Myanmar. To serve the market need for quality and reliable clothing brands, Van Heusen has entered Myanmar, accordign […]