Asean Infrastructure More Than Just Roads, Rails and Ports

Investment in soft infrastructure is as important as investment in hard infrastructure as the Asean Economic Community (AEC) pushes for inclusive economic growth by improving the region’s infrastructure as a whole, says Indonesia’s investment chief. “If you want to go fast you go alone, but if you want to go far you have to go […]

Panasonic to expand smartphone business to Bangladesh, Myanmar

Panasonic will expand its smartphone business to Bangladesh and Myanmar in the next 3-4 months as the Japanese electronics major looks to cash in on the booming demand for mobility devices in the region. Panasonic will expand its smartphone business to Bangladesh and Myanmar in the next 3-4 months as the Japanese electronics major looks […]

India seeks pulses from Myanmar, Africa to ease shortage: Ram Vilas Paswan

India is looking to import pulses from Myanmar and African nations to counter a domestic shortfall of 7.6 million tonnes that has driven local prices of key pulses like chickpea to a record high, Food Minister Ram Vilas Paswan said. More purchases by India, the world’s top consumer of pulses, could help the country rein in its […]

Myanmar’s coffee growers bank on specialty niche

MANDALAY, Myanmar — When Tin Win Win opened Fuji Coffee House and Restaurant in Yangon in 1996, she had to make special trips abroad to source quality coffee beans. “She used to hand carry back Brazilian and African beans and process them with a mini-roaster,” recalled her son, Thu Zaw, who now heads the family’s […]

Indian Government clears pulses import from Myanmar as prices jump

Atop panel chaired by Union finance minister Arun Jaitley on Wednesday cleared imports of pulses from Myanmar and some African countries as a sudden shortage pushed the retail prices of pulses as high as Rs.170 per kg. Both retail and wholesale price inflation accelerated in May on the back of rising food prices. While the retail inflation […]

Thailand’s Sika eyeing to invest in Myanmar construction sector

The first and largest specialty chemicals company in Thailand, Sika, is planning to enter Myanmar’s construction sector, sources say. The company applied to the Directorate of Investment and Companies Administration (DICA) to open a branch office in Myanmar and the DICA approved its proposal on October 4. Sika (Thailand) was founded in 1989 and is […]