Siemens, MMH join hands for port operations

Siemens, a global powerhouse focusing on the areas of electrification, automation and digitalisation, plans to expand its business in Myanmar by providing Myanmar’s ports with technology and solutions in cooperation with a local counterpart, Myanmar Mahar Htun Co (MMH), according to Christian Beckers, head of business development at Siemens Myanmar and Cambodia. Beckers said in […]

Yangon and Hong Kong: A forgotten tale of two cities

To many people in Hong Kong, Myanmar might sound exotic and unfamiliar. The fact remains, however, that the country, formerly known as Burma, and our city both used to be British colonies and have close ties with each other. Yangon (also known as Rangoon), Myanmar’s largest city and former capital, was once a key trading […]

Manila Water, partner propose to undertake major Yangon project

Manila Water Company Inc. and partner Mitsubishi Corp. are eyeing a large-scale project that would help reduce non-revenue water in Yangon, Myanmar. Non-revenue water refers to water produced and lost due to leaking pipes and illegal connections or because of inaccurate metering. In a statement, Manila Water said it was expecting to submit jointly with […]

Myanmar Luxury Property Hampered by Confusion Over Law on Foreign Buyers

Confusion over a law allowing foreigners to buy condominiums in Myanmar is prolonging a slowdown in its residential property sector, highlighting the challenges of regulatory flux in the frontier market. The legislation adopted in January 2016 leaves unanswered questions such as whether it applies to existing apartments, hurting efforts to woo investors. The outlook now […]

Hydropower threatens peace in Myanmar — but it doesn’t have to

Myanmar faces a critical moment for investment decision-making. The Barack Obama administration’s move to lift sanctions on the Southeast Asian country has opened up new opportunities. But the moves that are made today will send political and economic ripples into the future, and the international community must act responsibly. China wants to finance a 3,600-megawatt […]

How Did Myanmar’s Reforms Change Its Relations With China?

I first visited Myanmar (formerly known as Burma) in February 2013, two months after then-U.S. President Barack Obama’s landmark visit to that country. One thing that has been inscribed in my fond memories of the visit is that many street vendors in Yangon (formerly Rangoon) were hawking T-shirts with Obama’s headshot and a caption above […]

Myanmar’s toxic legacy of large dams

The country’s first strategic environmental review provides a chance to demand more from investors and dam builders, but is still being seen as too little, and leading to fierce resistance by marginalised communities. In September spectacular drone footage revealed the beauty of the waterfalls, rapids, ancient temples and islets of the Nam Pang River, a […]

Tackling Asia’s final technology frontier

Honey Mya Win didn’t have to look far to discover the tech potential for Myanmar. A 26-year-old former telecom engineer at Huawei, she was directly involved in configuring mobile phone towers and base station controllers that expanded 3G access to the once reclusive nation. “My team was actually the one connecting the country,” she said. […]

Myanmar’s New Struggle: Keeping Foreign Investors Happy

A pariah state for decades, Myanmar’s recent emergence from economic isolation has attracted foreign companies and investors intrigued by the Southeast Asian nation’s untapped potential, abundant natural resources and low wage workforce. The first U.S. fast food restaurant, KFC, opened in 2015 and other assorted Western and Asian brands have popped up across the nation’s […]

Thai Exim Bank to open rep office in Yangon

The Export-Import Bank of Thailand will open a representative office in Yangon, Myanmar, in April to assist the start-up or expansion of Thai companies there. Bank president Pisit Serewiwattana said.the Exim Bank has been given a licence to open an office in the former capital city by the Central Bank of Myanmar. The next step […]