Chinese manufacturers eye Myanmar base as trade war escalates

Myanmar stands to gain from the ongoing trade spat between China and the US, U Than Aung Kyaw, deputy director general of the Directorate of Investment and Company Administration (DICA), said yesterday. Interest to set up manufacturing and production facilities in Myanmar among the Chinese has risen ever since the US this month imposed a […]

SMEs need more funding, support system to expand further

Efforts to support small and medium enterprises (SMEs) over the past three years have so far not been sufficient to generate meaningful growth for the economy, experts said. While a higher volume of loans were dished out by state-owned and local banks, only a few SMEs have successfully expanded their operations in the past three […]

Political transition heralds higher-quality products

Political change could be leading to lifestyle change, business sources say. They point to a new willingness to import higher-quality brands, on the grounds that the Myanmar people have voted to change the old ways for something different – something better. U Khin Maung Win, managing director of VSK International, said, “The country is changing, […]