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 […]

Economic opportunities in Rakhine State

Rakhine State is rich in natural resources. It has many rivers, lakes, ponds and is connected to the ocean. Good ports exist and as improvement to road links are being made, trade, local and foreign investments are increasing. The government is emphasizing on investment and trade in order to increase production in agriculture products as […]

Rakhine State Plans to Export 10,000 Tons of Beans to India

Rakhine state plans to export 10,000 tons of Matpe beans to India in the cur­rent fiscal year, which be­gan in April. Official media reported that arrangements are underway to plant Matpe beans in the state during the coming rainy season and will export the sur­plus to the neighboring country, Rakhine State Minister of Planning, Revenue […]

Emirates set to launch flights to Phnom Penh

Emirates Airlines will expand its presence in Cambodia by launching a daily passenger flight between Dubai and Phnom Penh, with a stopover in Yangon, as part of the Dubai-based carrier’s push into the region. Launching on July 1, the daily flight will connect Dubai to Phnom Penh via a 90-minute stopover in Yangon, using a […]

Rice exports plunged by about 400,000 tonnes than last year

The volume of rice exports during this Fiscal Year was down by about 400,000 tonnes when compared to that of last FY, said U Aung Myint, the secretary of Myanmar Rice Traders Association. The rice export in this FY to the Chinese and European markets declined. About 900,000 tonnes of rice have been exported to […]

Iconic European Car Brands Open Service Centres in Yangon

​​ Myanmar Mini and Volvo own­ers can now rest easy knowing where to next book their high per­formance vehicles in for a service after the two icon­ic European car brands launched official service centres in Yangon. The launch of the offi­cial Mini service centre by Mini’s Myanmar partner, Prestige Automobiles, means owners of the icon­ic […]

Myanmar’s FDI rush recedes

Myanmar’s economy looked like it was enjoying a brisk tailwind after progress in democratization led the U.S. to lift its sanctions last year, but the boost appears to be waning. The government that took office in March 2016, with pro-democracy icon Aung San Suu Kyi as its de facto leader, has so far proposed few […]

Myanmar Confident of Topping $6 Bn FDI

​​ THE MYANMAR Investment Commission is confident of reaching its $6 billion (Bt216 billion) target for foreign direct investment in the 2016 fiscal year to March 31, although the nine-month figure accounts for only slightly half of the target. Despite the decline in FDI inflow, Aung Naing Oo, director-general of the Directorate of Investment and […]

Taiyo Nippon Sanso to turn out industrial gases in Myanmar

TOKYO — Taiyo Nippon Sanso will begin producing industrial gases in Myanmar in 2018 as demand looks to expand. The gas producer will establish a local affiliate within the year and bring in equipment to operate a plant in the Yangon area, investing a total of 1 billion yen ($9.78 million). With Japanese companies increasingly setting up operations in Myanmar, Taiyo Nippon Sanso expects steady […]

Myanmar needs to break into the European markets, say jade dealers

More than the sole reliance on the Chinese jade market, efforts are required to break into European markets as well in order to protect Myanmar’s jade market, say sources in the jade trading industry. In order to revive the domestic jade market by breaking into European markets, jade dealers exclaim that more needs to be […]