Myanmar boosts incentives for infra development, labour-intensive projects

THE MYANMAR Investment Commission, a government body to facilitate both foreign and local investment, has planned plans to provide more incentives for investors in the two areas that are crucial to the country’s growth, labour-intensive industries and infrastructure development, a senior official said. According to Aung Naing Oo, secretary of Myanmar Investment Commission and director […]

What the US can learn from Myanmar about infrastructure investment

America’s infrastructure is headed down a bumpy road, and unless the country takes drastic action to fix its ailing transport, water, and other infrastructure systems, it might well wind up with the types of struggles I’ve witnessed recently in Myanmar. I am here in Myanmar teaching an international business class for our MBA students as […]

Rakhine commerce minister sees bright future for black bean exports

​​ The Rakhine State commerce minister is hoping around 10,000 tonnes of black gram beans will be exported to India from Sittwe this year, pending completion of the Kaladan Multi-Model Transit Transport Project. The Kaladan project will connect Mizoram in India to Sittwe, the capital of Rakhine State, via the Kaladan River. The project was […]

Myanmar govt proposes tender for massive purchase of generic medicines

The Ministry of Health in Myanmar has invited pharma companies to supply generic medicines in Myanmar. The country is looking for massive purchase of generic medicines through tenders around April 2017. The Union ministry of commerce is planning to have a meeting on December 23, 2016 to discuss how to cater to the drug requirements […]

Tourism industry booming in Mandalay in December

Tourist arrivals have increased in Mandalay due partly to the addition of more Mandalay-Bangkok- Yangon flights and more direct flights between Mandalay and Hong Kong in December. Adding to the burgeoning popularity of central Myanmar is the allowance since September for foreign tourists to enter Myanmar through border entrances with an evisa, available online. Tourists […]

China Declines to React on Indo-Russian Gas Swap Proposal

​​ BEIJING: China today refused to comment on a proposal being pushed by India and Russia to swap natural gas between the countries, including Myanmar, saying it was not aware of the details and preferred to know the reactions of other parties involved. ONGC Videsh Ltd Managing Director Narendra K Verma said yesterday in New […]

Airtel Investing in Cable to Myanmar

​​ India’s largest mobile operator Bharti Airtel has announced it is investing in a new fiber cable between India and Myanmar. The operator plans to use the new fiber asset to offer end-to-end connectivity solutions in the Myanmar market, India’s Economic Times reported. The 6,500km terrestrial cable will connect to Airtel’s landing stations in Chennai on the […]

Drugs, Money and Wildlife in Myanmar’s Most Secret State

The remote Wa region of Shan state in Myanmar’s east is a place few outsiders have seen. The people who live in this unofficial, effectively autonomous state within Myanmar used to be called the Wild Wa, and as the BBC’s Jonah Fisher found, drugs, money and the wildlife trade are flourishing. Wa state is one […]

Pea price plunges due to low demand from India

With the decreasing demand from India due to a currency upheaval, the price of mung bean plunged by around Ks200,000 per tonne, according to Bayintnaung pea market. India is the largest buyer of various kinds of Myanmar peas. India’s prime minister announced on 8 November that all 500 and 1,000 rupee notes — India’s most […]

About 100,000 tonnes of pulses to be sold to India under G to G agreement

About 100,000 tonnes of pulses will be sold to India per year under a government-to-government (G to G) agreement, according to the Commerce Ministry. Preparations to sign a bilateral Memorandum of Understanding (MoU) about the export of pulses are being made. The Myanmar Pulses, Beans and Sesame Seed Merchants’ Association will cooperate with the Commerce […]