Print is not dead

Paul Lim, general manager of MCM Printing, talks about how his industry is being disrupted and how the company is fighting back. Printing has been among the industries most disrupted by digital technologies in recent years. Not only are consumers bypassing physical printed products such as newspapers and magazines in favour of electronic content, businesses […]

Thinking global, acting local

They were born at a time when Myanmar was in the throes of irreversible change; when the dictatorship that gripped the country for decades was losing its stranglehold on the people’s unrelenting and uncompromising bid to regain their freedom. They were too young to understand the 1988 Uprising, but some of them were already old […]

UK aid agency invests $1.1m to build Myanmar’s micro-insurance

The UK Department for International Development (DFID) and a Swiss insurance technology firm are set to invest US$1.1 million (K1.7 billion) in Myanmar’s micro-insurance market. The aim is to reach 600,000 people in a bid to expand and develop the country’s insurance and risk-transfer market. Stonestep AG, a Swiss micro-insurance technical services company, and the […]

Govt deploys strategy to raise tax revenues

Myanmar will implement plans to raise tax revenues in the coming years. “Our target is collect over 15 percent in taxes to GDP,” said U Min Htut, director general of the Internal Revenue Department under the Ministry of Planning and Finance. The tax to GDP ratios of other ASEAN countries are all above 10pc, with […]

Analysis: Yangon Public Losing Patience With Mercurial Chief Minister

Of Myanmar’s 14 state and regional chief ministers, few have seen such highs and lows in terms of their public approval as Yangon’s U Phyo Min Thein. In 2016, the country’s biggest nationalist group, Ma Ba Tha, threatened to target him with a nationwide protest after he vowed to wipe the group out. In response, […]

Laws to protect intellectual property, encourage business in the works

Businesses in Myanmar still rely on outdated colonial-era laws enacted by the British more than one hundred years ago to protect intellectual property (IP) rights. The encourage growth, draft laws are being formulated in the Hluttaw to update the country’s regulations covering IP rights, copy right law, industrial law, patents and trademarks for enactment. To […]

State Counselor Encourages Japanese Investment in Myanmar

Myanmar’s State Counselor Daw Aung San Suu Kyi has invited Japanese investors to seek investment opportunities in Myanmar as she believes that Japan has a deep understanding of the country’s struggle in the Rakhine crisis and peace process. On Monday, in her keynote speech at the Myanmar Investment Conference in Tokyo, Daw Aung San Suu […]

Ordinary folk feel the pinch from tumbling kyat

The downward spiral of the kyat against the US dollar has taken its toll on the prices that people have to pay for everyday items like rice, fish, meat, and vegetables. Housewives complain that even the prices of salt, fish paste and other condiments that are staples for ordinary folk have increased. The prices of […]

Beijing’s involvement in Myanmar peace does not amount to interference

United States Institute of Peace, a well-known US think-tank, released a report titled “China’s Role in Myanmar’s Internal Conflicts” on September 14 claiming that “China has set aside its stated adherence to the principle of non-interference to become more proactively and assertively involved in Myanmar’s peace process.” The report cast doubts on Beijing’s role and […]

Business Community Counters Gov’t Reasons for Kyat Depreciation

While Myanmar’s government has blamed currency manipulation and the trade war between the United States and China for the record depreciation of the kyat against US dollar, business circles are pointing out the Myanmar government’s mismanagement and the Central Bank of Myanmar’s poor performance. The kyat-dollar exchange rate has increased steeply from 1,344 kyats per […]