Myanmar execs seek help in fostering human resources

TOKYO — Even as more Japanese companies are eyeing the growing business opportunities in Myanmar, the young country and its more than 50 million people are in need of help in developing human resources in addition to infrastructure, a fact emphasized by several prominent businessmen from the country, speaking at a seminar on Monday in […]

Daibochi expects a better second half with new plant’s contribution

KUALA LUMPUR: Daibochi Plastic and Packaging Industry Bhd, which on Wednesday reported a 14% dip in first half-year net profit, expects a stronger performance in the second half of the year as it banks on its newly-operational first overseas plant in Yangon, Myanmar. The flexible packaging manufacturer said in a statement that the consumer packaging […]

Myanmar’s tourism industry faces challenges

Myanmar’s tourism industry has experienced a significant decline compared to previous years. To understand the causes for this development the Global New Light of Myanmar interviewed U Thet Lwin Toe, chairman of Myanmar Tourism Entrepreneurs Association. Q: May I know current situation of tourism industry? The country’s tourism sector rose in 2012 like a tsunami. […]

Online Group Invests in New Recruitment Website

Internet holding company MMOne Online Group has launched a new job website, Jobnet.com.mm, in a bid to tap the rapid growth of online recruitment in the human resources and corporate sectors. The company claims that its website allows users to easily find jobs in various categories such as engineering, sales, marketing, finance or HR from […]

No more projects like Letpadaungtaung if Myanmar becomes EITI member

If Myanmar becomes a full member of the Extractive Industries Transparency Initiative (EITI), there will be no more projects like Letpadaungtaung copper mine, which caused problems with local people, Dr Zaw Oo, a business advisor to the president, said. “Our country depended heavily on natural resources before. Human resources weren’t that important. It’s like precious […]