Time to re-look your investment plan in Myanmar as Obama pledges to lift all remaining sanctions against Myanmar

President Obama this morning pledge that the US will lift all remaining sanction s against Myanmar after meeting Daw Aung San Suu Kyi at the Oval Office.   Currently the last remaining Myanmar tycoons on the SDN List are Steven Law of the Asia World Group U Zaw Zaw of the Max Myanmar Group U […]

Grand Andaman wins monopoly on Tanintharyi birds’ nests

Grand Andaman Islands Company has taken over the right to harvest birds’ nests on four groups of islands in Tanintharyi Region that were put out to tender, after the Union of Myanmar Economic Holdings failed to make a cash payment for one of the bids. UMEHL had won the right to produce and harvest swiftlet […]

Booming Chinese Demand For Jade Fuels Armed Conflict And Entrenched Corruption In Myanmar

From the garden deck of his office, Yup Zau Hkawng looks over one of the greener cities in Asia. Myitkyina is the capital of Myanmar’s Kachin State, its wide boulevards lined with trees. The sleepy town boasts a bustling downtown market painted vivid green, just a few blocks from the modest but charming central library, […]

Carlsberg puts on a Bago show

“PROBABLY a big day in Myanmar,” read the hop-shaped banners strung from telegraph poles along the road through Nyaung Inn Village Industrial Zone in Bago Region. Alongside construction sites for new factories – Perfect Companion Group, Karisma Apparel – is the dark green Carlsberg factory, the slogan “probably the best beer in the world” emblasoned […]

China Wanbao – building trust

Through a combination of land compensation and corporate social responsibility activities, the operator of one of China’s largest investments in Myanmar hopes to recommence operations after a year’s delays and wrangling. Dong Yunfei, a manager at the Yangon branch of Wanbao Mining, the Chinese State-owned company that operates the Letpadaung copper mine, wrote in an […]