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Myanmar farm workers get B1.7m

After a three-year trial that exposed questionable labour practices used by Thailand’s thriving poultry industry, 14 Myanmar workers learned Tuesday they would receive a total of 1.7 million baht in compensation. The Central Labour Court, also known as the Supreme Labour Court, issued a statement confirming that it has ordered Thammakaset Farm to pay the […]

2nd Thai-Myanmar Friendship Bridge ready for Tuesday opening

TAK: Prepareations have been underway for the opening of the second Thai-Myanmar Friendship Bridge linking Thailand’s Mae Sot district and Myanmar’s brder city of Myawaddy on Tuesday. Therdkiat Chinsoranand, the mayor of Nakhon Mae Sot Municipality, on Sunday inspected the preparations. The construction of the bridge, spanning the Moei River between Ban Wang Takhian in […]

Chinese businesses moving into Bagan

Chinese nationals are starting businesses in Bagan, buying or renting hotels and restaurants, since early this year, according to local tourism and restaurant businesses. The proposal to list Bagan as a UNESCO World Heritage Site, which was submitted in 2018, could be one of the reasons for the interest, according to the businesses. Chinese nationals […]

Myanmar plans to attract more western travellers

Myanmar is planning to reduce visa restrictions on western countries such as France, Germany, Russia, Poland, Italy and Spain, according to Immigration Department from Yangon International Airport. The visit of travellers from western countries was reduced in recent years due to political affairs in Myanmar and hotel and tourism companies and respective ministries are cooperating […]

Survey finds 37% of families can’t afford health emergency

More than 35 percent of Myanmar households are not ready to shell out K200,000 (US$130) for emergency health care, according to Asia Foundation’s City Life Survey 2018. The foundation conducted the survey of 2414 people in 228 wards of Yangon, Mandalay, Monywa, Taunggyi and Mawlamyine cities from September to October 2018. It said that up […]

Germany’s METRO AG starts operations in Myanmar

Germany’s wholesale company Metro AG, kicked-off its operations in Myanmar over the weekend. The company will serve its customers in the fast-growing hospitality and tourism sectors from its modern warehouse in Yangon through its state-of-the-art digital ordering and delivery services. “The food wholesale industry in Myanmar offers big potential for Metro and we believe our […]

Associations in Myanmar

I was recently in a mission in the Myanmar capital city of Yangon for my organization, the Association of Development Financing Institutions in Asia and the Pacific, to conduct briefings on the green lending policy framework that ADFIAP has developed for the Myanmar Bankers Association (MBA). This is part of the European Union (EU) grant […]

Maersk moves to new office in Yangon, Myanmar

Maersk Area Managing Director Marco Civardi and Sealand Asia Managing Director Bo Wegener have cut the ribbon to officially open A.P. Moller – Maersk’s new central city office in Yangon. Located in Junction City, one of the newest built grade-A office towers, the 703-square meter office will provide work space for up to 80 employees […]

NYDC: Addressing Key Public Concerns on New Yangon City

CEO’s Weekly Blog – 18 March 2019 Addressing Key Public Concerns on New Yangon City Dear Friends, We had the second Townhall Meeting on 6 March 2019. Some of you may have attended in person, some may have watched it on our NYDC Facebook Live Stream. It was a robust discussion and I am glad […]

The time is now: Why you should see Southern Myanmar’s seldom-visited beaches and trading towns

The recent opening up of southern Myanmar means intrepid travelers can now venture south, where quaint trading towns are untouched by tourism and sandy beaches are local secrets, as Keith Lyons discovers. For most visitors to Myanmar, a day or overnight trip to Kyaiktyo, better known as Golden Rock, is as far south as they […]