Private school is not so cool

When Poe Poe passed her matriculation exam (the Burmese equivalent of an A-level) she did not score the grades she hoped for. And this was a disaster for her. Why? It meant her dream of becoming a doctor was out of reach. In Myanmar, results obtained at this milestone exam dictates to which university a […]

MSH’s education revenues grow as hospitality tumbles

Shares of Myanmar Strategic Holdings (MSH), a London-listed consumer business developer and operator with operations in Myanmar, remained unmoved at US$9.50 per share despite the company announcing narrower losses for the year ended March 31, 2018. MSH runs hospitality and education businesses in Myanmar. During the year, the company’s new education division in Myanmar helped […]

Shrouded in secrecy, SOE profits are not financing country’s development

Reallocation of excess savings from Myanmar Gems Enterprise (MGE) and Myanma Oil and Gas Enterprise (MOGE) alone could provide more than K2.8 trillion in available financing for the government’s budget in the fiscal year starting from October, on top of covering expenses of the two state-owned enterprises. The government has lost more than US$2 billion […]

Myanmar Global Investment Forum 2018, 11-12 September 2018, Nay Pyi Taw, Myanmar

As the Myanmar economy returns to a more robust rate of growth, domestic and foreign investors continue to evaluating investment opportunities across the industrial landscape. The Myanmar Investment Forum 2018 will offer expert insights into the industries key to the Myanmar economy. With in-depth explorations of the infrastructure, energy, oil and gas, agriculture and tourism […]

Myanmar Living Conditions Survey 2017

A joint report by the Central Statistical Organization, the UNDP and the World Bank, reveals significant changes in living conditions in Myanmar over time. The main changes in electrification are happening in Myanmar’s villages, with almost all the growth in solar and public grid access coming from rural areas. In 2017, just over a quarter […]

Myanmar witnesses more development during incumbent gov’t: survey

YANGON, July 1 (Xinhua) — Myanmar has witnessed improvement of living condition during the last two years of the government led by the National League for Democracy (NLD), the official Global New Light of Myanmar reported Sunday. With the cooperation of the UN Development Program (UNDP) and the World Bank, a government survey was conducted […]

Better PR, infrastructure needed to woo more Korean investors

Myanmar must be more proactive and enthusiastic across its attempts to attract foreign investors, such as visiting with the countries it plans to attract investments from. It should also better communicate developments that would be of interest to investors, such as recent directives on liberalising the education and retail sectors, Lee Hyuk, Secretary General of […]

Warm response seen to ‘Myanmar Insight’ in Bangkok

GIVEN the rising interest in Myanmar’s economy this year, nearly 500 Thai businesspeople are expected to gather at the Myanmar Insight 2018 to be held in Bangkok next month, according to Nattawin Phongsphetrarat, vice president of Thai Business Association of Myanmar (TBAM). He said at a press conference yesterday that the event would be held […]

New retail directive well-received, but raises unanswered questions

Myanmar has taken pains to liberalise its economy and draw foreign investors to become more competitive. Over the past two years, it has rolled out major new legislation including the Condominium Law, Investment Law and Companies Law. This year, it released two new directives opening up the education and retail sectors to full foreign ownership, […]

Myanmar-China Friendship Association eyes enhanced Myanmar-China ties

YANGON, May 13 (Xinhua) — The Myanmar-China Friendship Association on Sunday laid down a seven-point program to be implemented in the future, with the association chairman U Sein Win Aung calling for building friendship with neighboring countries. The program, adopted at the 5th annual meeting of the Myanmar-China Friendship Association (Central) held in Yangon, is […]