Deals Designed to Keep The Lights on in Emerging Markets

Demand for power in the emerging markets of the Asia-Pacific region is rising so fast that authorities often struggle to secure the private international finance needed to keep pace with rising energy needs. In some cases, it is falling to lawyers to tempt international investors to stump up funds for power projects in some of […]

Clothing industry looks for favoured status

The Myanmar Garment Entrepreneurs Association says it is working for MFN (most-favoured nation) status so that the CMP (cutting, making and packaging) clothing industry can receive tax reliefs. Myint Soe, chair of the association, said: “I have submitted a plan to ensure the country gets MFN status when CMP products are exported to the US. […]

Myanmar sees gains in rice, corn production

Rice and corn production in Myanmar is expected to increase in the 2016-17 marketing year, while production of wheat is forecast to fall, according to an April 20 report from the Foreign Agricultural Service (FAS) of the U.S. Department of Agriculture (USDA). Rice production in 2016-17 is forecast at 12.2 million tonnes, up from 12.16 […]

What’s Behind Myanmar Military Chief’s Europe Voyage?

Starting from April 22, Myanmar’s military chief Min Aung Hlaing embarked on a goodwill visit to the Federal Republic of Germany with a stopover in Austria. His trip, made at the invitation of his German counterpart, signals the continuing importance that Berlin, as well as Europe more generally, plays in Myanmar’s development as well as […]

Planning an MPA system in Myanmar: Interview with Phil Dearden

The Southeast Asian nation of Myanmar officially emerged from military rule and geopolitical isolation in 2011. A civilian government now holds power, and the nation — home to more than 100 ethnic groups — is reopening itself to the world. Part of this reopening is in the realm of marine conservation: the government is partnering […]

Myanmar CMP garment exports to touch $2.2bn in 2017

Cutting, making and packaging (CMP) garment exports from Myanmar are likely to fetch around $2.2 billion this year, as local companies have bagged more number of orders from the EU and Japan, according to Myanmar Garment Entrepreneurs Association. Apparel orders from the EU have especially increased after reinstatement of GSP rights by the EU. In […]

H&M supply factory in Myanmar damaged in violent labour protest

Workers demanding better conditions and benefits have destroyed the production line of a Chinese-owned factory in Myanmar making clothes for Swedish fashion retailer Hennes & Mauritz, in one of the most violent labour disputes in the country in years. The month-old dispute, which also saw managers attacked, highlights the need for Aung San Suu Kyi’s […]

Shipment of teak and tamalan seized at port

Despite the efforts of the timber trade and government to stamp out illegal practices and eventually negotiate a VPA with the EU a shipment of around 500 tons of illegal teak and padauk/tamalan were recently seized in Yangon Port. The smugglers had tried to avoid the export restrictions and many believe that for the shipment […]

Myanmar CMP Expected to Earn US $ 2 Billion for Garment Industry 

​​ Myanmar is expected to earn about US$ 1.855 billion from CMP (cutting, making and packaging) garment industry which includes the manufacturing of shoes, garment and bags, according to Ministry of Commerce. Export earnings from the garment industry through CMP has more than doubled since last year, according to the Ministry. “Myanmar has earned $1.4 […]

Telenor to abolish roaming taxes in Thailand, Myanmar and Malaysia

Telenor will be the first operator in Sweden to abolish roaming taxes on surfing the internet in countries outside Europe. From 26 January 2017, Swedes with Telenor’s subscription ‘Telenor Frihet’ (freedom) can start surfing the internet in Thailand, Myanmar and Malaysia with no extra charge. Since June 2016, ‘Telenor Frihet’ started including the rest of […]