Korean state firm eyes first industrial zone

State-owned Korea Land & Housing Corporation (KLHC) is collaborating with the Ministry of Construction on a new US$120 industrial complex, according to officials involved in the process. The Korea-Myanmar Economic Cooperation Industrial Complex is KLHC’s first project in Myanmar. The corporation is hoping to build the complex in the Yangon area, and is in talks […]

Myanmar Election Results Put Japan in Uncertain Spot

The victory of Aung San Suu Kyi’s party in Myanmar’s election leaves Japan and its companies facing some uncertainty in the country, in part because businesses and Prime Minister Shinzo Abe haven’t built close ties with Ms. Suu Kyi. Government officials said the National League for Democracy’s victory was within the range of their expectations–although […]