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Why Myanmar should sign the new Singapore Mediation Convention

Forty-six countries have already signed the new Singapore Mediation Convention (Convention), including the US, South Korea, China, Malaysia, India and Singapore itself. I would encourage Myanmar to also sign. This would provide another welcome alternative to the conventional court system for the resolution of international commercial disputes. One of the problems international businesses face in […]

How to work with Burmese colleagues during your Myanmar relocation

Whilst Myanmar may not be every expat’s idea of paradise, for those committed to helping others as well as developing themselves it can be the journey of a lifetime. Recently opened up to foreigners after decades of isolation and dictatorial rule, Myanmar is now seeing expatriates arriving to work with NGOs as well as in […]

Red faces at AIM as app developer MySquar powers down after key backer pulls the plug

An app maker that crashed off AIM last year has closed its doors after a key backer keeping it afloat pulled the plug. Indonesian payments company Achiko decided against buying former London-listed games app maker MySquar. Achiko had hoped to float in Switzerland and raise cash to acquire the firm — behind mobile games like […]

China proposes exclusive industrial zone with Myanmar: UMFCCI

CHINESE businessmen have proposed setting up a Myanmar-China exclusive industrial zone in Myanmar, according to U Zaw Min Win, the President of The Republic of the Union of Myanmar Federation of Chambers of Commerce and Industry. “Chinese businessmen are running factories in Hlinethaya Township. They came to us to discuss establishing a Myanmar-China exclusive industrial […]

Anthem Asia Myanmar SME Venture Fund invests over US$1 mln in Shan Orchard’s Hass Avocado Business

ANTHEM Asia Myanmar SME Venture Fund has made its first investment, providing over US$1,000,000 to Shan Orchard Myanmar Ltd. an early-stage agri-business focusing on growing Hass avocados and processing avocado oil. Shan Orchard, based close to Heho airport near popular Inle Lake, Southern Shan State, is an agriculture services business led by seasoned agri-business entrepreneurs […]

Are PPPs the answer to Myanmar’s financial constraints?

Public-private partnerships, or PPPs, are the latest buzzword in government circles as the National League for Democracy looks for new ways to develop infrastructure projects without straining public finances. Officials want to resuscitate the long-stalled Hanthawaddy airport project as a PPP scheme, for example, while Daw Aung San Suu Kyi told an investment forum back […]

US eases visa requirements for Myanmar citizens

Myanmar citizens can now apply for a combined B-1/B-2 visa, which allows travel to the US for both business and/or tourism purposes, the US Embassy in Myanmar announced Monday. The single-entry visa is valid for three months and there is no issuance fee. “Building on the growing travel between our two countries, the US Embassy […]

Despite unrest, Rakhine State still attracting foreign investor interest

Foreign investors are still showing interest in Rakhine State despite sanctions and international pressure applied due to the political unrest. And now that the state has better access to electricity, conditions are looking better for businesses to enter the state or expand. Projects related to China’s Belt and Road initiative remain a focus, with the […]

YKKO: From small shop to major brand

From a small neighbourhood shop selling vermicelli and meatball soup about three decades ago, Yan Kin Kyay Oh (YKKO) has grown into a prominent Myanmar brand with 38 outlets across the nation. “We have branches in five cities – Yangon, Mandalay, Nay Pyi Taw, Mawlamyine and Bago. By the end of this year, we expect […]

Foreign casino operators looking to set up in Myanmar

A number of casino operators from Hong Kong, Taiwan and Macau have enquired about operating casinos in Myanmar following the passing of the Gambling Law 2018 in May, which replaced an earlier law from 1986. Directorate of Investment and Company Administration acting director-general U Thant Sin Lwin said casino operators from Hong Kong, Taiwan and […]