UK aid program seeks to make it easier to do business in Myanmar

The United Kingdom’s development arm announced a £25 million (US$32.5 million) aid program yesterday geared toward making it easier to do business in Myanmar and boosting growth in key sectors of the economy, like agriculture and garment manufacturing. The UK and Australia are currently working with the Directorate of Investment and Company Administration and the […]

Farmers call for urgent intervention as rice price plummets

The price of rice has fallen dramatically over recent weeks leading farmers to call for an urgent intervention by authorities. Farmers are struggling, U Thein Aung, chair of the Free Farmers Association, told The Myanmar Times. Prices began to fall when Indonesian buyers discovered pests in a shipment of rice from Myanmar, and refused to pay […]

Ayeyarwady chief minister laments lost opportunities

The outgoing Ayeyarwady Region government has laid down a good foundation for its successor, though it has not been possible so far to put into practice many of the good ideas the government had set in motion, the current chief minister said last week. Practical difficulties had prevented much progress on plans to advance development, […]

Foreign business not turned off by knock-offs

The evidence is everywhere in Myanmar: at doughnut shops, at a previously Disney-fied liquor stop rechristened “Micky’s” and at tech shops emblazoned with the world-famous Apple logo – not to mention the DVD shops stacked deep with cheap fake movies. Intellectual property (IP) infringements, vilified as theft in Western markets, aren’t thought of as crimes […]

Criticism dogs Myanmar Rice Federation’s China choices

The Myanmar Rice Federation’s choice of companies that will be registered for legal exports to China is receiving criticism from small-scale players as well as large businesses. Some of the country’s largest exporters were left off last month’s list of nine companies that would be permitted to handle the rice trade, while several of the […]

IP laws reach final draft

Pirates beware: A law protecting intellectual property (IP) could soon be on the books after intensive discussions with local and international experts on copyright, trademarks and industrial design, officials said. After 11 rounds of discussion and amendments, and with input from the World Intellectual Property Organisation (WIPO) and the Japan International Cooperation Agency (JICA), the […]

Myanmar to implement IP laws ahead of WTO target

Improved intellectual property laws could be introduced in Myanmar as early as the start of next year, officials drafting the laws say, adding they will provide a more stable framework for investors well ahead of the World Trade Organisation’s latest deadline of 2021. The proposed laws covering copyright, design, trademark and patents would replace legislation […]