Can mobile banking overcome Myanmar’s trust issues?

It is 5pm on a Wednesday and Yangon’s streets are at a near standstill. Sunset comes early to this city of 7.36 million. Thankfully, since it is winter, the weather is cooler and drier than the rest of the year. So as dusk descends over some of the unruliest traffic in Asia – there are […]

Burmese days: Yangon monuments to the rare Chinese who made their fortunes in colonial era

Lim Chin Tsong was one of the few Chinese migrants to succeed in colonial-era Burma, now Myanmar – which the British incorporated into its much bigger possession, India, and where Chinese were subordinate to Indians, in contrast to their status in other Southeast Asian cities. “Unlike the Chinese in Thailand, Malaysia, Indonesia and the Philippines, […]

Myanmar President Calls for Reform of Nation’s Military-Drafted Constitution

YANGON (Reuters) – Myanmar’s civilian president called in an Independence Day speech on Thursday for reform of a military-drafted constitution and for justice for all recognized minorities under a federal system, but made no mention of the treatment of its Rohingya Muslim people. Amending the charter to remove a dominant political role for the military […]

Mandalay taps British expertise for higher education

MANDALAY, Myanmar’s second largest city, is expected to become the country’s northern economic hub over the next two years. Yet, skills and talent in the city still lags behind Yangon and many cities in ASEAN. The brain drain and skills shortage are dragging its economic growth. But Ko Ye Tun Min, founder of the Mandalay […]

Yoma Digs Deep to Invest in JCB Machines as it Awaits Big Growth in Infrastructure

Yoma JCB, Myan­mar’s official dis­tributer of British-made JCB tractors, will invest $5 million over the next few years to grow the brand amid the country’s infrastructure boom, ac­cording to the company’s CEO. The firm last week launched 8 JCB models, including the Backhoe Loader and Excavator, for distribution through par­ent company Conveni­ence Property’s (CPCL) 14 […]

International hotel chains open their doors in Myanmar

Since opening up the country, more tourists come and discover Myanmar and it is expected to grow even more. Therefore, more and more investors are seeing chances to begin their business here. That is why a lot of new hotels will open their doors as well in 2017. Since the new government, led by National […]

Yangon and Hong Kong: A forgotten tale of two cities

To many people in Hong Kong, Myanmar might sound exotic and unfamiliar. The fact remains, however, that the country, formerly known as Burma, and our city both used to be British colonies and have close ties with each other. Yangon (also known as Rangoon), Myanmar’s largest city and former capital, was once a key trading […]

Descendent of last Myanmar King did not take too well to Thai Soap

I have never watched Plerng Phra Nang (A Lady’s Flame), a prime-time soap opera on Thai television that depicts a bloody dynastic power struggle in a fictional kingdom. The series — with elaborate period costumes and a lot of face-slapping and cat-fights among royal consorts — has received bad press in Myanmar and Thailand alike. […]

Manila Water, partner propose to undertake major Yangon project

Manila Water Company Inc. and partner Mitsubishi Corp. are eyeing a large-scale project that would help reduce non-revenue water in Yangon, Myanmar. Non-revenue water refers to water produced and lost due to leaking pipes and illegal connections or because of inaccurate metering. In a statement, Manila Water said it was expecting to submit jointly with […]

Myanmar Is Next Vietnam With 10% Growth: British Diplomat

Myanmar could be the next Vietnam or Thailand, with the economy having the potential of growing as much as 10 percent, a senior British diplomat said. The Southeast Asian nation, which is opening its economy to investors after decades of military rule, has to overcome challenges including a shortage of power supply, lack of policy […]