Starbucks to Open First Myanmar Location

Starbucks will open its first coffee shop in Myanmar at the Sule Square Mall in downtown Yangon. The Myanmar Investment Commission (MIC) officially endorsed the service provider Coffee Concepts Myanmar Limited (CCM) to be the sole operator for catering and sales of Starbucks food and beverages; sales of Starbucks brand products, and the operation of […]

Infrastructure, safety standards needed for LPG industry to take off

The government is now more than half way through its term and time is running out for it to make good on its promise to double Myanmar’s supply of electricity within the next two years. But the government is not without backup plans to help it achieve its goals, one of which is replacing the […]

Myanmar needs ‘more transparency, strategies’

MYANMAR’S hopes of becoming Asia’s last frontier market would be realised only if the government could create a clear and transparent regulatory environment for attracting investment and financing the economy, according to Patrick Cooke, regional editor for Asia at Oxford Business Group (OBG), a global research and consultancy firm. “It is imperative that the government […]

Myanmar’s electricity goals depend on ODA

With 5.5 percent annual growth of gross domestic product, Myanmar was one of the fastest growing countries in ASEAN during 2011-2015. The growth of Myanmar’s economy is heavily influenced by the government’s focus on promoting special economic zones among investors.Subject to the implementation of this focus, infrastructure development in energy is vitally important to make […]

Telenor gears up to offer a Myanmar record for data speeds

AS MOBILE data consumption in Myanmar soars to some of the highest levels in the world, Telenor Myanmar plans to offer its subscribers a record speed for the country of 1 gigabyte per second (Gbps) in the near future, said Lars Erik Tellmann, the firm’s chief executive officer. Tellmann said at a press briefing on […]

Philippines’ Phinma Group to expand education network to Myanmar

The Phinma group plans to scale up its footprint in Southeast Asia’s education space by transforming its pilot nursing and healthcare training center in Myanmar into a full college while scouting for expansion opportunities in Vietnam and Indonesia. At the same time, the group will be expanding Phinma Education’s business in the Philippines organically and […]

Global tin mine production growth to slow – BMI

JOHANNESBURG (miningweekly.com) – Global tin mine production growth will decelerate between 2018 and 2026, compared with 2009 to 2017, owing to stricter environment regulations and declining ore grades in major producers, such as China, Indonesia and Myanmar. However, the market researcher BMI expects that absolute production will increase over the coming years, owing to positive […]

Zuckerberg apologized for Myanmar Violence

Last week, after frustrated activists from Myanmar sent an open letter to Mark Zuckerberg, the chief executive of Facebook, they got something unexpected: a reply. The activists, representing six civil society organizations, harshly criticized Mr. Zuckerberg in the letter, saying he had mischaracterized Facebook’s response to violence-inciting messages in Myanmar and had not devoted sufficient […]

Myanmar cooks up LPG expansion plan

A PUSH to get more households to cook with liquefied petroleum gas (LPG) forms a key plank of a plan by the Myanmar government to ramp up the use of the fuel and devote more of the country’s electricity supply to targeted sectors. Zaw Aung, director general of the Oil and Gas Planning Department, said […]

Is Hong Kong ready for return of domestic helpers from Myanmar?

More than three years after Myanmar stopped its citizens from working as domestic helpers in Hong Kong, a local lawmaker is paving the way for their return – but this time as nursing carers looking after the city’s growing elderly population. The drive, initiated by Liberal Party lawmaker Felix Chung Kwok-pan, is seen as the […]