Yangon airport T1 gets first foreign tenant

Yangon International Airport’s shiny new terminal has been almost empty since it opened in March – hosting only the country’s flag carrier Myanmar National Airlines. But space and facilities are becoming increasingly important for the raft of foreign firms aiming to add Myanmar routes, and the first international airlines are starting to move in. The […]

Entrepreneurs ask finance minister to reconsider special tax

Planning and Finance Minister U Kyaw Win received a barrage of requests to cut taxes during a meeting with a group of almost 50 business associations in Yangon earlier this week. The minister met with entrepreneurs at the Union of Myanmar Federation of Chambers of Commerce and Industry, to ask their opinions on economic development and learn […]

State counselor silent on sanctions

The United States is expected to announce today an extension of its economic and military sanctions against Myanmar, with some revisions, in line with recommendations by the new civilian-led government, according to Western diplomats in Yangon and reports from Washington. Sanctions are also likely to feature on the agenda when Secretary of State John Kerry […]

Dawei residents protest against $3 billion oil refinery

A collection of civil society groups in the southern city of Dawei has begun to actively protest a Chinese-led US$3 billion proposal to build Myanmar’s largest oil refinery on their doorstep. Local businesses, civil society organisations and villagers are circulating a petition calling for the new National League for Democracy-led government to reconsider the project […]

Dos and don’ts for Suu Kyi on dealing with ASEAN

For the first time in its history, there will be a Nobel Peace laureate and the world’s most famous political icon in the family of the Asean Ministerial Meeting (AMM), which serves as the Asean annual meeting. Myanmar’s new Foreign Minister Aung San Suu Kyi needs to know a few things about the organisation, with […]

NLD to look West, but not ignore its tough neighbours

  Revered in the West almost as much as at home, Daw Aung San Suu Kyi may steer Myanmar’s foregin policy to a westward pivot to some degree, although the Nobel Peace Prize winner has already shown she understands the realities of dealing with powerful Asian neighbours. The importance of relations with Beijing was emphasized […]

Yangon realtors call for wide-reaching reforms

Yangon real estate agents are hoping the incoming government can breathe new life into the real estate sector, where sales have slowed over the past couple of years to a near-standstill, condominium units lie empty and a growing number of people areunable to afford basic accommodation. Growth in the sector – and the ultimate goal of providing affordable […]

Asia World opens new Yangon airport terminal

Asia World Group has opened the first phase of a new airport terminal in Yangon that will be capable of handing up to 20 million passengers a year when complete, with US fast-food chain Kentucky Fried Chicken the first international restaurant confirmed to open in the new space. Yangon Aerodrome Company Limited (YACL), an Asia […]

Open The Door To Trade

US Business Community Ask Obama Government to Ease Myanmar Sanction TO improve ties between Myanmar and the USA the American Chamber of Commerce Myanmar, the National Foreign Trade Council, the US-ASEAN Business Council, the United States Chambers of Commerce and the United States Council of International Business called for the US government to ease sanctions […]

Zaykabar chair: Suu Kyi is ‘like a sister’

Real estate tycoon U Khin Shwe discusses his close friendship with Daw Aung San Suu Kyi, land confiscations associated with his company Zaykabar and his reputation as a crony of the former military regime, in an interview with The Myanmar Times. I understand that you have a close relationship with Daw Aung San Suu Kyi. […]