Myanmar courting global producers

The Myanmar authorities have sped up efforts in recent months to increase the country’s attractiveness for global manufacturers. The latest move was revealed in September by the Myanmar Investment Commission (MIC) and concerns the move to allow local and foreign investors into industrial zones across the country. This follows requests by companies from Hong Kong […]

A Myanmar Success Story

​​ MYANMAR’S re-engagement with the world inspired investment banker Aye Thiha to leave New York and return home in 2011. His own business has flourished since and he still sees new opportunities flowing in. “My family coerced me to return and after eight years. I thought I was done with being an investment banker,” said […]

The Land Rush in Myanmar

After decades of military rule, Myanmar at last has a democratically elected government. Longtime opposition leader Aung San Suu Kyi’s party took charge in March, with her ally Htin Kyaw becoming president and the Nobel laureate herself serving as foreign affairs minister. In response, the U.S. last month announced a partial rollback of economic sanctions […]

Environmental Impact Study on Thilawa 2nd Phase Due in October

YANGON — Consultants for the Japan-backed Thilawa Special Economic Zone (SEZ) being built near Yangon said that they expect to release the findings of an environmental impact assessment (EIA) of the project’s 2,000-hectare second phase in October. Environmental Resources Management Japan and Burmese company E-Guard Environmental Services are conducting the Strategic Environmental Assessment, which is […]