Myanmar-HK ties boosted by CE visit

On September 15, she met with senior Myanmar government officials in Nay Pyi Taw. Mrs Lam first met with State Counsellor Daw Aung San Suu Kyi. The chief executive said that this is the first ever official visit by the chief executive of the Hong Kong Special Administrative Region (HKSAR) since the city’s return to […]

UOB puts focus on Asean investment

UNITED OVERSEAS BANK (UOB), one of the largest Asian banks, is actively engaged in bringing foreign investors to Thailand, particularly the flagship investment project in the Eastern Economic Corridor, according to its chief executive. Asked which Asean countries were now the most attractive for foreign direct investment in the eyes of UOB, Choon Hin Tan, […]

Myanmar Strategic Holdings plans further Myanmar expansion with London Stock Exchange float

A company making its debut on the London Stock Exchange today has said it is targeting expansion in Myanmar’s fast-growing consumer sector. Myanmar Strategic Holdings (MSH) is aiming to raise $4.3m (£3.3m) on its admission to the London market which it has announced today, as it targets growing its portfolio to 20 locations in the […]

Uber Stuck in Neutral Under Hong Kong Taxi Regime

HONG KONG — Uber Technologies’ ride-hailing service is stalling in Hong Kong, cut off by taxi interests that wield heavy influence in local politics. Law enforcement authorities in May arrested 22 Uber drivers on suspicion of operating without a taxi license or auto insurance. “Some companies … hope they can run their businesses and not […]

Suu Kyi’s dilemma over Myanmar energy mix

YANGON — When Aung San Suu Kyi’s National League for Democracy was swept into power in 2015, economic development was a key priority and the fledgling government’s social and environmental stance seemed tailor-made for foreign investors. But few foresaw the complexity of adhering to core environmental principles while also dragging a long-neglected economy into the […]

Garment manufacturing: How to navigate Myanmar’s ethical maze

As it undergoes profound and rapid change, Myanmar is today emerging as one of Asia’s most sought-after hubs for fashion sourcing. The country’s opening-up to the global economy has come after decades of military rule, during which a long period of isolation and internal conflict was followed by an era of gradual disengagement from politics […]

TTA close to sealing Myanmar water deal

Singapore: SET-listed Thoresen Thai Agencies Plc (TTA) expects a deal to join local partners in Myanmar to invest in a wastewater management business will be finalised this month. Chief executive Chalermchai Mahagitsiri said TTA was still in talks with potential partners and the Myanmar government about the Yangon project. “We’ve been following up the wastewater […]

Myanmar’s mobile phone revolution

Even the white cattle are fading from view in the gathering dusk of this riverside Myanmar village, the tiny lamps hanging from the traditional wooden stilt houses the only defence against a night without light. Soon the noises of quiet conversation and religious devotion will be the only sounds filling the sensory gap the darkness […]