Myanmar apparel exports may double by 2020

Myanmar’s apparel exports are expected to more than double to $4 billion by 2020 owing to the favourable government policies and low labour costs in the country, according to industry insiders. One of the reasons for this is the high wages and relatively higher cost of production in countries like Vietnam, India, China, and South […]

ANA – Asian Wings: Airline tie-up plans await okay for take-off

Plans for Japan’s largest airline to acquire a stake in Myanmar’s Asian Wings Airways for US$25 million are still to receive government approval, the Myanmar company’s chief executive has stated. Information about All Nippon Airways (ANA) Holdings’ move into the Myanmar airline business leaked ahead of schedule last week, causing a hastily-assembled press conference in […]