fbpx

Mandalay’s challenging road to becoming a smart city

At the 32nd ASEAN Summit in Singapore in April, Singaporean Prime Minister Lee Hsien Loong called for an ASEAN Smart Cities Network to assist smart and sustainable development in 26 cities in ASEAN. Earlier this month, a list of the 10 most promising cities among the 26 was highlighted by Cristina Lago, online editor of […]

Southeast Asia seeks ways to protect car industry

Several Southeast Asian countries are finding ways to protect their emerging car industries from imports, after eliminating auto duties by the end of last year. Indonesia, Vietnam and Thailand have introduced measures either to hinder imports or benefit local production, while Malaysia is looking at possible curbs on foreign car sales. The new trend is […]

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 […]

New GMs for Hotel G in Yangon, Singapore

Hotel G Yangon has welcomed a new cluster general manager, Serge Rigodin, who will also lead the nearby Inya Lake Hotel. A native of Grenoble, France, Rigodin has managed a number of other GCP Hospitality properties, most recently the 308-room Hotel G Singapore. Prior to Singapore, Rigodin was director of residences at Embassy House, a […]

Vietnam, Myanmar look towards 1 bln USD in two-way trade

Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc and State Counselor of Myanmar Aung San Suu Kyi agreed to further deepen bilateral trade and investment on win-win basis towards achieving 1 billion USD or higher in two-way trade during their talks in Hanoi on April 19. The talks took place right after the welcome ceremony […]

Sink-or-Swim Time for ASEAN Latecomers as Tariffs Come Down

HANOI — Cambodia, Laos, Myanmar and Vietnam are no longer getting the kid-gloves treatment in the ASEAN Economic Community. As late entrants to the Association of Southeast Asian Nations, the four countries were initially exempted from abolishing some tariffs when the bloc established the AEC at the end of 2015. As of Monday, however, they […]

Lotte Hotel Yangon to be open on commissioned operation by Lotte resorts affiliate

Lotte Hotel Yangon, to be operated on commission by Lotte Hotel & Resorts, will open later this week as the company’s eighth overseas chain, officials said Sunday. South Korean retail giant Lotte will manage the new hotel for 20 years in contract with Daewoo Amara, in what will be the first five-star accommodation facility it […]

Vietjet to commence Hanoi – Yangon route

Kuala Lumpur – Vietjet recently launched its newest international route connecting Hanoi (Vietnam) with Yangon (Myanmar). The ceremony was witnessed by Mr. Pham Binh Minh– Politburo Member, Deputy Prime Minister and Minister of Foreign Affairs of Vietnam and high-ranking dignitaries from Vietnam and Myanmar. The launch of the new route is timed perfectly to complement […]

Petrolimex, Myanmar’s HTOO Sign Cooperation Deal

Hanoi (VNA) – The Vietnam National Petroleum Group (Petrolimex) and Myanmar’s HTOO Group of Companies have recently signed a deal in Hanoi, under which they will explore the possibility of jointly doing business in Myanmar. Petrolimex Chairman Bui Ngoc Bao hailed Myanmar as a promising oil and gas market and a golden land for investors in […]

Ruili — China’s gateway to Myanmar

The Jiegao border area is located in Ruili, a frontier city in China’s Yunnan province. Geographically, Yunnan occupies a unique position. Shortly after day break, under the cover of heavy monsoon clouds, the Jiegao border trading area — a medium-sized 2 sq. km. complex — appears desolate. In the half-light of the early hours, long-haul […]