Philippines’ Metro Pacific Studies Myanmar Potentials

INFRASTRUCTURE conglomerate Metro Pacific Investments Corp. (MPIC) is studying investment opportunities in the toll-roads sector in Myanmar, Chairman Manuel V. Pangilinan said on Monday, even as the group targets to close an expressway deal in Malaysia this year. Pangilinan said his group will be scouting for expressway deals in Myanmar, which, according to documents from the […]

Why Myanmar’s government needs to do more to maintain economic growth

Myanmar’s economy is growing. In particular, the manufacturing and retail sectors are booming. However, the government must address significant challenges to maximise Myanmar’s growth potential. The manufacturing industry grew dramatically The government set bold industralisation targets. It wanted to promote manufacturing exports and lessen the country’s reliance on oil and gas. Industry, including manufacturing, contributed […]

Modi Backs India-Myanmar-Thailand Highway’s Indochina Extension

NEW DELHI — India is pushing an ambitious highway initiative through Myanmar and Thailand to connect with Vietnam through Cambodia and Laos, which observers of Southeast Asia see as part of its efforts to counter China’s Belt and Road Intiative (BRI) project. Connectivity with the 10-member Association of Southeast Asian Nations (ASEAN), which comprises Brunei, Cambodia, […]

Myanmar to Become Member of APN, Upgrade Card-Based Services

​​ Myanmar will become a member of the Asian Payment Network (APN), which was established to create a common payment settlement platform within the Asia-Pacific region, said U Zaw Lin Htut, CEO of Myanmar Payment Union (MPU). MPU has already met with officials from APN, and is waiting for the membership announcement to be made, […]

Central Rubber Market Expected Upon Enactment of Rubber Law in Late 2018

The drafting of a new Rubber Law, which aims to create a central rubber market and raise the export quality of Myanmar rubber, is close to three quarters complete and will be enacted in late 2018, U Khaing Min, secretary at the Myanmar Rubber Planters and Producers Association (MRPPA), told The Myanmar Times. Myanmar is drafting […]

Why Can’t Myanmar Kids Learn English?

Myanmar students still lack proficiency in the English language after eleven years of study in basic education schools. According to the EF English Proficiency Index 2017, which measures English language skills in 116 countries, several Asia-Pacific countries rank low or very low. Except for Indonesia, all ASEAN countries have compulsory classes in English at the primary […]

Uber Strikes Taxi Partnership in Thailand, Seventh Deal in Asia

BANGKOK — “Keep your friends close and your enemies closer” seems to be Uber Technologies’ strategy in Thailand. The taxi app company announced Wednesday that it would launch its ride-hailing service in Thailand by collaborating with regulated taxis, whose drivers were once derided by its cofounder. Uber will partner with Howa, a major local taxi […]

Raising the Role of Women in the Myanmar Economy

Women in Myanmar have taken a more significant role in the economy, although much more can be done to narrow the gender gap. Myanmar ranks 83 among 144 nations in the World Economic Forum’s Gender Gap Report 2017, which is higher than major Asian economies including China and South Korea as well as its neighbours […]

New vehicle import policy disruptive to Toyota’s Myanmar strategy

Sales of Toyota cars are expected to trail behind that of other car makers in Myanmar as a result of the government’s latest vehicle import policy, a spokesperson for Toyota Motor Corporation said. Under the new policy, which was announced and made effective last month, all new imported cars must now be left-hand-drive in accordance […]