Foreign business takes stock of the NLD

As Myanmar prepares itself for historic elections in November, Daw Aung San Suu Kyi’s National League for Democracy (NLD) encourages voters to “vote for change”, a slogan that has left investors worried about what that would mean for their businesses. The uncertainty about the NLD’s economic policy stems largely from a campaigning environment in which […]

Labourers to be Housed at Hlaingtharyar

A housing complex for labourers is set to be established in Hlaingtharyar in Yangon. U Myat Thin Aung, president of Hlaingthartar Industrial Zone, said that this housing complex is being established by the owners. The authorisation has been granted from the Department of Human Settlement and Housing Development for land rental under a five year […]

Fishy business: industry urges against Thai deal

Representative of Myanmar’s fishing industry are lining up against renewing a contract to allow Thai firms to trawl in Myanmar’s waters in return for cash payments. The deal expires in March 2014, but many industry players say the agreement’s time has passed as it was initially implemented in 2004 to generate revenues in foreign currency […]