fbpx

Japan is eyeing export-oriented businesses in Myanmar

Japanese companies are becoming interested in the local industry which will manufacture products in Myanmar and export them to India, China and Thailand, said Japanese Ambassador to Myanmar Mr. Ichiro Maruyama, at Japan-Myanmar Resource, Trade and Investment Expo 2019 at Inya Lake Hotel in Yangon on October 19. “There are many Japanese companies which are […]

Steel companies in Thilawa SEZ expand production

Two steel manufacturing companies in the Thilawa Special Economic Zone near Yangon are ramping up production and set to expand their markets and products. JFE Meranti Myanmar Co Ltd (JMM) announced last week that it is set to introduce its first locally produced coated-steel products under the brand ALZU this December. JMM says the products […]

Three Japanese companies to take part in Yangon-Mandalay Railway Project Phase 1 as main contractor

Three Japanese companies are going to take part in upgrading the Phase-One of Yangon-Mandalay Railway Project as main contractors and A1, Shwetaung, Dagon and Max from Myanmar as sub-contractors, according to Myanma Railways. The Phase-One of Yangon-Mandalay Railway Project is from Yangon to Toungoo and that it will start on October 1. The main contractors […]

Japan wakes up to exploitation of foreign workers as immigration debate rages

Twenty-seven-year-old War Nu left her village in central Myanmar at the end of last year bound for Japan. She had borrowed nearly $3,000 to pay an agent for a job in the garments industry here, lured not only by the offer of much higher wages but also by the chance to learn new skills in […]

Japan Inc. pours cash into Myanmar despite Rohingya crisis

YANGON — Japanese companies are investing aggressively in Myanmar with help from Tokyo, even as their European and American counterparts shy away while hundreds of thousands of Rohingya Muslims flee the country to escape persecution. Japan’s businesses were approved to devote a record $1.47 billion to the Southeast Asian nation for the fiscal year ended […]

Rubber prices fall in Myanmar due to decrease in quality

Rubber prices in Myanmar are falling despite an increase in quantity exported to China. Myanmar is a particularly good region for growing rubber because of its wet weather and high humidity. Myanmar Rubber prices have been falling in the Mon State due to low quality, the Mon State Rubber Planters and Producers Association’s chair Nai […]

More Japanese companies to invest in Myanmar: Thilawa Special Economic Zone

More Japanese companies to invest in Myanmar: Thilawa Special Economic Zone Sawako Utsumi and Lee Jay Walker Modern Tokyo Times Increasing numbers of Japanese companies are investing in the Thilawa Special Economic Zone (SEZ) in Myanmar. Of course, this SEZ is especially important for Japan because it highlights the importance of Myanmar to political elites […]

Japan’s elder care providers head to Myanmar

YANGON — As Southeast Asia begins to confront its creeping population aging problem, Japanese companies that provide nursing care see an opportunity to reach new markets — and to bring much-needed caregivers to Japan. Since December, a consortium including Japanese nursing care providers Sakura Community Service and Egao Ichiban has been experimenting with home health […]

Hopes for revival of Dawei SEZ

IMPLEMENTATION of the Dawei special economic zone (SEZ) has been suspended for years, but Myanmar and Thailand are still eager to revive the mega project, according to an official in Myanmar. Phyo Win Tun, minister for planning and finance at the Tanintharyi Region Government and vice-chairman-1 of the Dawei SEZ management committee, said Myanmar would […]

Myanmar’s new Companies Act can be ‘game changer’

TOKYO — Little in the way of positive news has come out of Myanmar in recent months. The situation in Rakhine State has seen de facto leader Aung San Suu Kyi come in for severe criticism from the international community as her government struggles to deal with the crisis and the realities of running the […]