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KBZ Wins Financial Times Honor for Sixth Year Running

Myanmar’s largest private bank, Kanbawza (KBZ), was named Myanmar Bank of the Year for 2018 by The Banker, a service of the Financial Times, for its leading role in the country’s financial sector by using new digital technologies. It is the sixth consecutive year the bank has landed the honor, making it the only financial […]

Myanmar’s Yangon International Airport reveals growth plans

Myanmar’s Yangon International Airport is to be further upgraded to better equip it to accommodate more international traffic. Operator, Yangon Aerodrome Company Limited (YACL), has also revealed that it is stepping up its marketing efforts in a bid to develop its international route network. The announcements come despite the airport admitting that it is likely […]

Dutch expertise to support Yangon’s water management

Yangon’s regional government will receive support to tackle challenges regarding urban water and water logistics by a coalition of Dutch companies and organisations. The companies signed an agreement with the authorities to improve water supply, resources, governance and innovation; and oversee sriver transport, dredging and tunneling. The agreement is a 3-year programme under the Dutch […]

Belt and Road is not the only game in town

Belt and Road is not the only game in town for Myanmar. Without doubt, the scheme is important and relevant; nonetheless, it is just part of the opportunities Myanmar has access to. The government, businesses and other stakeholders should act decisively to seize the opportunities, within and beyond the Belt and Road. In the past, […]

Foreign Investment in Agriculture Rests on Policy Support, Innovation, Says Dentons

Myanmar’s agri­cultural sector is ‘very close’ to seeing an uptick in for­eign investment but only if the government contin­ues providing policy sup­port and if investors are willing to ‘innovate’, ac­cording to the Myanmar resident partner of the world’s largest law firm. After decades of neglect, Myanmar’s largest indus­try lags well behind that of regional neighbours […]

Burma market potential lures Thai investors

Convenience and modernisation are major factors for Thai companies keen to attract Burma consumers, says market research and consulting firm Envirosell Thailand. Partnering with Index Creative Village Plc, New York-based Envirosell conducted consumer research in Burma and other Asean members. Managing director Sarinporn Jiwanun said people in Burma are shifting to modern lifestyles driven by […]

Myanmar: building the most beautiful ship on the Ayeyarwaddy

A new all-suite river ship, the creation of local craftsmen, sets sail on the Irrawaddy in Myanmar next month There is no greater confirmation of the current status of Myanmar as the planet’s leading adventure travel destination than Jeremy Clarkson’s BBC television special earlier this year, in which the Top Gear presenter raced 10-ton trucks […]

Israel aims to make its mark in Myanmar

Since the recent opening up of the country, Myanmar has been receiving tremendous interest from investors, conglomerates and countries around the world who are vying for a piece of the last frontier in Asia. The US and EU governments have been making attempts aggressively to normalize their relations with the former pariah nation by lifting […]