Myanmar businesses want policies & directions from government

LOCAL businesses are pressing the government for national economic policies as they expect to know where the economy is headed and how they should prepare for the future. There are concerns the new government, which took office in April, has not yet revealed its economic policies. Businesses are also concerned that if the policies further […]

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 […]

Foreign suppliers eye Myanmar auto parts market

Foreign automotive parts suppliers are seeking to enter Myanmar to cater to the growing need for spare parts, a Union of Myanmar Federation of Chambers of Commerce and Industry official said last week. U Myo Thant, a member of the federation’s central executive committee, said demand for auto parts is accelerating and that foreign suppliers […]