High potential of Myanmar Economy

The topic of economic transformation in Myanmar was thoroughly discussed at the Forum on Myanmar Democratic Transition held from 11 to 13 August 2017 in Nay Pyi Taw. The talks could generally be summed up that despite the slow economic take-off in Myanmar, the good potential of the Myanmar economy will be seen in the […]

MCL Transports 150,000 Tons of Coal for Factory’s Operation

Mawlamyine Cement Limited (MCL) has already transported 150,000 tons of coal to its factory site in the Pyartaung Mountain area, Kyaikmayaw Township, Mon State. With permission from Myanmar Investment Commission and Myanmar Seaport Authority, MCL has been transporting coal up Attaran River in order to power its operations, since February, 2015. “Starting in early 2017, […]

Thilawa attracting foreign firms as tenants

Thilawa has attracted formal interest from dozens of companies, but competitors say local firms are reluctant to commit to the long-term leases required by the special economic zone. Myanmar Japan Thilawa Development Company (MJTD) has received letters of intent from 60 foreign companies to participate in the zone and reached formal agreements with about 15, […]