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Huawei Myanmar calls for govt to facilitate change

DESPITE being caught in the trade war between China and the United States, Chinese giant Huawei Technologies Co remains confident of continued healthy growth in Myanmar thanks to the rising demand from locals, Liman Zhang, chief executive of Huawei Myanmar, said. In an interview with The Nation, Zhang said the firm stands ready to enjoy […]

Progress for local entrepreneurs, but challenges still exist

Trust and relationship building between investors and entrepreneurs is really important to grow a start up or a business. Daw Thiri Thant Mon, Myanmar representative for the UK’s development finance institution CDC Group said entrepreneurs should see investors as a partner. “Try to ensure win-win situations, good partnerships will help not just finance, access to […]

Myanmar’s First Signature Watch Sports a Vintage Flair

A young man’s watch-collecting hobby developed into a skill after he learned to assemble and repair them himself. Kyaw Thura Naung eventually developed his own brand, Mandalay Watch, and it has become highly sought after. “Back in 2014, when I was studying in a foundation year program in Manchester [in the U.K.], I started to […]

Interview with Mr. Okka Phyo Maung, co-founder and CMO of RecyGlo Myanmar

A few words about your business in Myanmar and the sector you are working in? At RecyGlo, we’re committed to providing environmentally friendly recycling solutions to Business and individual using our innovative logistics solution and market place for waste and second-hand training platform in South East Asia. Founded in May 2017, our mission is to […]

Cambodia Businesses, Unions Ask EU Not to Impose Trade Sanctions

PHNOM PENH—Cambodian businesses and unions urged the European Union on Monday to not withdraw trade preferences from Cambodia over human rights concerns, saying such a decision would pose serious economic damage and harm millions of workers and their families. The EU warned last year that it would strip Cambodia of its “Everything but Arms” (EBA) […]

Minbu solar power project commences in time for summer 2019

A 170MW solar power plant in Minbu Township, Magwe Region, will start producing electricity in time for summer next year, said U Lin Naing Oo, business development department general manager of GEP (Myanmar) Co Ltd. The Thailand-based company is investing US$297 million in the solar project, which is Myanmar’s first. Electricity generated from the plant […]

Myanmar still weak in enforcing contracts, protecting minority investors

Myanmar has done undertaken two reforms to improve access to power supply and the ease of starting a local business, according to the latest report from the World Bank. However, pace of reform on most regulations affecting the private sector remain stagnant. In the newly-released World Bank’s 2019 Doing Business rankings, Myanmar ranks 171th out […]

Househelp, handypersons for busy Yangon couples

It was a beautiful Saturday morning and Ma Hla Htet was just too lazy to get out of bed and do her weekly house cleaning and other domestic chores. She felt that after working for five days as a sales consultant in an information technology company, she deserved a really good weekend. But her husband […]

Myanmar auto portal on fast track amid surging demand

THOUGH the lack of stable automobile policies in Myanmar is holding back the potential for an auto boom, CarsDB.com, the nation’s largest automobile marketplace, is confident it will be able to maintain its annual two-fold growth in revenue, according to Wai Phyo Kyaw, co-founder and chief operating officer of the company. “Since the past three […]

MIH Launches the Fastest Fiber-optic Internet Broadband for Businesses

Yangon, Myanmar — Myanmar Information Highway (MIH) is the premiere broadband business service provider in Myanmar. They have introduced the fastest fiber-optic Internet broadband for business with 100 Gbps network capacity, covering 23 townships and main buildings in Yangon. Mr. Sunti Medhavikul, Managing Director of Myanmar Information Highway Limited (MIH) remarks that the communication infrastructure […]