Indonesian tin mining firm to restart Myanmar expansion

Indonesian state-controlled tin miner Timah seeks to realise its plan to boost investment in Myanmar this year after it was halted last year, reports the Jakarta Globe on January 19. According to the newspaper, Timah corporate secretary Mr Agung Nugroho told Investor Daily newspaper recently that last year Timah planned to build a smelter in […]

Myanmar upgrades civil aviation business to boost air transport

YANGON, Jan. 9 (Xinhua) — Myanmar is upgrading its civil aviation business in a bid to boost the air transport sector amid growing tourist arrivals in the country year-on-year. As part of the move, it has recently corporatized Myanmar National Airlines (MNA) in operation to facilitate investment in air transportation technology and services. The corporatization […]

Myanmar-Thailand border trade talks planned

Thailand and Myanmar plan to have a joint trade committee meeting next month in an attempt to boost two-way trade and investment, according to the Bangkok Post. The move is part of the two countries’ strategy to drive overall border trade volume to reach 1.5 trillion baht (US$50 billion) next year, according to the December […]

In Muse, Promise and Perils of Development Redux

MUSE, Shan State — The Muse Central Economic Zone project, spearheaded by the Shan State government and a local private venture, is moving forward in an effort to boost commerce along the Chinese border, despite land grievances from some local residents. Located on the banks of Shweli River in Muse, a major trading hub on […]

Thura U Shwe Mann says economic reform needs a boost

Myanmar’s economic reform process has not yet reached its goal, Parliamentary Speaker Thura U Shwe Mann told business people and media at a meeting at the office of the Hlinethaya Industrial Zone on December 13. “Our country needs to carry out more and more reform processes. Although the nation is satisfied with the political reform […]

MTC opened to woo foreign buyers

The Myanmar Trade Centre has been opened to boost the country’s exports and woo foreign buyers. The MTC, officially launched on Saturday, is located at Yangon office of the Commerce Ministry. MyintSwe, the PM of Yangon Region and other regional government officials, Win Myint, the union minister of commerce and other officials, Win Aung, the […]

Japan Awakes to Revamped Dawei

YANGON — After last week’s takeover of the proposed Dawei port and economic zone project by the Myanmar and Thai governments, Japan’s government and private sector are taking a renewed interest in the project after previously appearing lukewarm to the proposition. “Dawei Special Economic Zone [SEZ] is a very important project for the region,” said […]