Myanmar manufacturing sector hit by new lockdown measures

Manufacturing in Myanmar was hit hard in September by a range of new lockdown measures introduced to fight a surge in coronavirus cases, according to the latest Purchasing Manager Index (PMI) survey data from IHS Markit. The measures, which includes instructions for factories to shut down for two weeks and employees not listed under an […]

Japan aid widens Myanmar factories vs farms divide

THILAWA, Myanmar (AP) – Tin Hsan and her husband lived modestly in the outskirts of Myanmar’s commercial capital Yangon, growing rice and betel leaves on their 22 acres and peddling vegetables, but they got by, until they were forced to move to make way for Thilawa, a showcase industrial zone being built with Japanese aid. […]

Myanmar Returnees Bet on Frontier Economy’s Future

Former Google executive Nay Aung was philosophic as a crisis brewed at the Yangon headquarters of his Oway online travel services company. “I’m still struggling,” the tanned, muscular 34-year-old said as he apologized for interruptions during a recent meeting in his sparsely furnished office. “What I have, 60 percent is what I want. 40 percent, […]