Emerging markets hold hope for smartphone shipment growth

Global smartphone shipments continued to weaken in the first quarter (Q1) of 2018, according to analysts. Canalys says shipments were down 3.4%, continuing the trend from a decline of 3% in Q4 2017. Worldwide sales of smartphones recorded their first decline since 2004, in Q4 of 2017, says Gartner. Global sales of smartphones to end-users […]

As Myanmar eats more meat, Sumitomo to sell drugs for livestock

Trader aims for $1 billion in sales of pharmaceuticals for animals TOKYO — Japanese trading house Sumitomo Corp. is set to start selling drugs for animals in Myanmar later in March as part of an effort to enlarge its presence in what it expects to be a lucrative global market for drugs for livestock and […]

Indefinite Xi Jinping rule in China: India needs to move on many fronts now

NEW DELHI: China’s move to scrap presidential term limits is expected to give a major boost to Xi Jinping’s expansive Belt and Road Initiative (BRI) and China-Pakistan Economic Corridor, much to India’s discomfort. The Chinese Communist Party’s decision to scrap the two-term limit for China’s President was indicated in October last year when Xi was […]

Myanmar farmers going against the grain with apps

A free app on farmer San San Hla’s smartphone is her new weapon in the war against the dreaded stem borer moth that blighted her rice paddy in southern Myanmar for the last two years. As she watches her workers haul in this year’s harvest, the 35-year-old is in a triumphant mood, ascribing her victory […]

Uber Doubling Down in Vietnam, Cambodia, Burma with New Leaders

RIDE-HAILING giant Uber has introduced two new members of its Asia-Pacific leadership team as it looks to enhance its service to riders and driver in Vietnam, Cambodia and Burma (Myanmar). Vietnam was one of Uber’s first countries in Asia, while Cambodia and Burma are some of Uber’s newest markets globally and the company says the […]

Pharmaceutical Companies From Indonesia, Myanmar Establish Joint Venture

Jakarta (ANTARA News) – Indonesian pharmaceutical company PT. Phapros Tbk, a subsidiary of PT Rajawali Nusantara Indonesia (RNI), and Myanmar`s pharmaceutical firm Medi Myanmar Group have established a joint venture to develop the business of pharmaceuticals and medical devices. According to a statement from PT. Phapros Tbk received by ANTARA here on Friday, the cooperation […]

Construction of Dawei SEZ back on the cards

The government is exploring ways to restart development of the suspended Dawei Special Economic Zone (SEZ), saying the SEZ will benefit Myanmar as well as the region. The Dawei SEZ includes construction of the highway as well as a deep-sea port which will link Thailand, Cambodia and Vietnam in the ASEAN region to India, the […]

Dawei SEZ to be Put on Track

The government will seek ways to put the once-suspended Dawei Special Economic Zone back on track as it is considered to benefit not only Myanmar but also the south-east Asia region. “To implement the project, ways must be sought to hold talks between Myanmar, Thailand and Japan” said Vice President U Henry Van Thio. The […]

Myanmar Goes Ringside at China-India Bout

‘China will go all out to help Myanmar in time of crisis. India will also help Myanmar, but it does not go all out,” was the light-hearted comment made by a seasoned Asean diplomat based in Yangon recently. He was referring to the behaviour of Myanmar’s two powerful neighbours these past months, which is providing […]

MIC Suspends New Investments in Timber Businesses

Permission for to start new timber-based businesses will be temporarily suspended in Myanmar, the Myanmar Investment Commission (MIC) said in a November 16 statement, which was made public by the Directorate of Investment and Companies Administration (DICA) this week. To preserve the country’s forests and limit illegal logging activities, the MIC will temporarily stop issuing […]