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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 […]

Saigon workers cash in on highest pay in Vietnam: survey

They were paid $456 per month on average last year, 38 percent higher than the national average. Ho Chi Minh City topped the average wage paid to employees last year, new data shows. Workers in the southern metropolis cashed in on average $456 per month, professional recruitment firm VietnamWorks said in a report released on […]

ASEAN Businesses Boost Investment in Own Backyards

​​ BANGKOK — Business in the Association of Southeast Asian Nations is entering a new phase as regional companies increasingly look to neighboring countries for investment opportunities. Having long been a destination for foreign businesses in search of cheap labor, the bloc is now seeing homegrown companies emerge as players in their own right. After […]

Uber Doubling Down in Vietnam, Cambodia, Burma with New Leaders

RIDE-HAILING giant Uber has introduced two new members of its Asia-Pacific leadership team as it looks to enhance its service to riders and driver in Vietnam, Cambodia and Burma (Myanmar). Vietnam was one of Uber’s first countries in Asia, while Cambodia and Burma are some of Uber’s newest markets globally and the company says the […]

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 […]

Vietnamese garment industry faces fierce competition from China, Myanmar

Competition in the world garment market is forecast to be stiffer, not only with China but also with countries such as Myanmar and Cambodia as they increase competitive pressures on Vietnamese products. The information was announced at a seminar on the prospect of garment exports in 2018 held in Ho Chi Minh City on November […]

Rice prices jump in India; Bangladesh eyes import deal with Myanmar

BENGALURU (Reuters) – Rice prices in top exporter India rebounded this week, boosted by steady demand from Bangladesh which has been actively exploring fresh import deals with its neighbors and is looking to wrap up a major purchase from Myanmar. A Bangladeshi government delegation is in Myanmar to finalize a state-to-state deal, government officials said […]

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 […]

Emirates Boosts Cargo Capacity in Indo-China

UAE-based Emirates Airlines inaugurated a daily passenger flight on Saturday connecting Phnom Penh to Dubai, with a stopover in Yangon, Myanmar. The Post’s Kali Kotoski sat down with Ravishankar Mirle, Emirates vice president of commercial cargo for the Far East and Australasia, to discuss the freight component of its new route. Emirates Airlines was already running a cargo service […]