Ajinomoto to return to Myanmar

TOKYO — Ajinomoto plans to relaunch production and sales of its namesake seasoning in Myanmar in 2017, hoping to tap demand in the rapidly growing Southeast Asian market. The Japanese seasoning company halted operations there in 2000, when the country was still ruled by a military junta. The maker of the Aji-no-moto seasoning and other […]

How Will Myanmar’s Elections Affect Relations With China?

The landslide victory of Aung San Suu Kyi’s National League for Democracy (NLD) in last Sunday’s elections is a turning point in Myanmar’ s history. The NLD will have an opportunity to rule alone, given its super majority in the national parliament. How will an NLD government in Myanmar affect the country’s ties with China? […]

Garment industry to increase foreign investment

YANGON – The Myanmar Garment Manufacturers Association (MGMA) expects the garment industry to gain US$ 1.5 billion in foreign investment by 2015 if political reforms continue. Enterprises that deal in cutting, making and packing are creating job opportunities as foreign investment grows in the garment sector. Garment exports made record earnings with US$ 1.1 billion […]

Aung Chantha to import heavy-duty vehicles from U.S.

YANGON – Myanmar construction company, Aung Chantha, is going to import and distribute Bobcat heavy-duty vehicles from the U.S. according to company director. Aung Chantha is one of Myanmar’s most promising companies dealing with leading brand construction equipment from Doosan Infracore. “The imported vehicles are weighted between at least three and half tons and eight […]

Deadline set for Myanmar’s timber exports

The Forest Department of Myanmar has recently announced a deadline for raw log exports through Yangon ports. The deadline is midnight on March 31, according to the department. It will allow timber to be loaded onto ships docked at Yangon ports until that time. As of April 1, the government will only allow the export […]

Foreign Investors In Myanmar Can Help Lift The Nation Out Of Its Economic and Political Strife

Myanmar is a strange, two-sided coin. On the one hand, the country’s recent inflow of foreign investment and the government’s economic reforms seem to promise great growth for the impoverished Southeast Asian nation; on the other hand, genocides, protests, religious clashes and sectarian violence continue to afflict the country. While it will without a doubt […]

UN Forced Out of Billionaire Kuok’s Yangon Hotel: Southeast Asia

The United Nations is being forced out of billionaire Robert Kuok’s Traders Hotel in Yangon next month amid a tourism boom in Myanmar after housing various offices in five floors of the property since 2007. The UN signed its last lease for the hotel owned by Kuok’s Shangri-La Asia Ltd. (69) in August 2012 for […]