What do Local and International Businesses Make of The Belt and Road?

Businesses in Myanmar generally welcome the Belt and Road Initiative’s (BRI) investment boost for the country’s infrastructure development. Some urged Myanmar to be more proactive in navigating its involvement in the scheme. Many emphasised the importance of transparency, public engagement and adhering to international practices. But some have also expressed reservation and scepticism against China’s ambitious […]

Investor-Friendly Environment and Human Capital Essential for Myanmar’s Success in the Belt and Road Initiative

The Belt and Road Initiative: interview with Jonathan Woetzel, McKinsey senior partner and MGI director Jonathan Woetzel, senior partner of McKinsey & Company and director of the McKinsey Global Institute (MGI), told The Myanmar Times that success of the Belt and Road Initiative (BRI) in Myanmar would depend on the country creating an investor-friendly environment […]

Yangon takes legal action against nearly 30,000 vehicles

The Yangon region government took legal action against nearly 30,000 vehicles which are parked on public roads for long periods, it is learnt. As the number of cars in Yangon increased and parking became scarce, there were many quarrels over parking. Some companies and shops are taking up many of the parking spots on public […]

‘Myanmar Banker Leadership Program’ launched

Siam Commercial Bank (SCB), in collaboration with Myanmar Banks Association and Thammasat University, launches SCB Bankers Academy “Myanmar Banker Leadership Program”, the first program exclusively developed for Myanmar banking executives, according to a press release. To foster talent in the banking industry, the program is specially tailored for Myanmar banking executives to build skills and […]

Agribusiness potential for Cambodia, Mongolia and Myanmar

Double digit GDP growth rates, plenty of farm land and strategically located in Asia. This is why Cambodia, Mongolia, Myanmar are considered emerging markets with huge potential for agribusiness and feed production. Vietnam is considered as one of the fastest growing and most potential Asian countries, as far as livestock numbers and feed production is […]

Ichitan Group launches T247 energy drink

The company plans to begin its marketing activities in Myanmar this August. It has already made moves into Cambodia, Laos and Vietnam. Its joint venture in Indonesia has started to see high sales, totalling 2 million cases in the first five months, against its initial target of 3 million cases for the whole of 2017. […]

Vietnam beauty industry targets Cambodia, Myanmar

There is significant opportunity for Vietnamese firms to invest in the beauty sector in Cambodia and Myanmar as well as export beauty products to the two markets, participants at an HCM City conference said on Thursday. Leong Ann Suan Jeremy, the editorial director of Beauty Cosmedica magazine, told the road show to introduce Beauty Connect […]

Parkland projects suspended pending plan

Yangon Mayor U Maung Maung Soe told the regional parliament yesterday that the YCDC was drafting a master plan and they would only allow projects to be carried out after it is drafted. “Some companies have requested us to draft the master plan as soon as possible. The buildings must be located 30 feet away […]

Five awarded Eisenhower Fellowship with the assistance of Max Myanmar Zaw Zaw

Zaw Zaw (right) of the Max Myanmar Company speaks to Colin Powell, former US secretary of state. Five citizens have got Eisenhower Fellowship sponsored by the United States for the first time with the assistance of Zaw Zaw, chairman of Max Myanmar Group of Companies. The Eisenhower Fellowship 2017 Programme will start on October 1 […]

Osaka business group to help lure firms to Japan-backed economic zone in Myanmar

The Osaka Chamber of Commerce and Industry has agreed to help attract small and medium-size companies to the Japanese-backed Thilawa Special Economic Zone near Yangon by establishing small rental factory spaces, the zone’s operator has announced. The OCCI, which is comprised of businesses around Osaka, and the Union of Myanmar Federation of Chambers of Commerce […]