fbpx

As Myanmar eats more meat, Sumitomo to sell drugs for livestock

Trader aims for $1 billion in sales of pharmaceuticals for animals TOKYO — Japanese trading house Sumitomo Corp. is set to start selling drugs for animals in Myanmar later in March as part of an effort to enlarge its presence in what it expects to be a lucrative global market for drugs for livestock and […]

Off-Grid Electricity Projects Are Starved for Funds

Despite innovative off-grid technology and high-profile initiatives, electrification in sub-Saharan Africa still trails population growth. In 2009 there were 585 million people in the region without power. Five years later, that figure had risen to 632 million, according to the latest International Energy Agency statistics. A first-of-its-kind analysis of the flow of capital, released in […]

In dirt-poor Myanmar, smartphones are transforming finance

MYANMAR’S democratic transition sometimes seems marked as much by continuity as by change. Depressingly, the army continues its bloody persecution of Rohingya Muslims in the west, for example (see article). But elsewhere moves to open the country’s markets, started by the preceding military regimes, have gathered pace. New commercial and financial services are springing up. […]

Mitsubishi Chemical to market drinking water systems in Myanmar

YANGON — Japan’s Mitsubishi Chemical Holdings will begin selling a river water treatment system to the private and public sectors in Myanmar, where economic growth is expected to drive demand for safe drinking water. Tokyo-based Wellthy, a Mitsubishi Chemical’s unit in the water treatment business, will establish a joint venture with its local partner Myanmar […]

The land of the $20 smartphone

“This one $40, this one $30 … that one $20!” The owner of the street stall, a man of about 30 years wearing a traditional longyi tied around his waist, is gesturing at a phone that looks, to my eyes, like a mid-range Android phone. It bears the brand Singtech, a brand among myriad others […]

Myanmar Exports More than 900,000 Tonnes of Rice and Broken Rice to December

​​ Myanmar has exported more than 900,000 tons of rice and broken rice for the year until the end of December, reported the Ministry of Commerce. “We already exported more than 900,000 tons of rice and broken rice. It is a good sign for the country,” Yan Naing Tun, the director-general of the Trade Department […]

Myanmar most improved for ease of starting business

Myanmar has leapt up the World Bank’s ranking for ease of starting a business – moving from 189th out of 189 countries (or last place) last year, to 160th in new numbers released yesterday. This makes it the most improved country in the world in this category. For overall ease of doing business, Myanmar has […]

Local, fair-trade coffee in Yangon? That’s Genius

Rubber, rice, fisheries, beans and pulses – the list of primary products Myanmar exports is well enough known. And then Ko Ngwe Tun thought: Why not coffee? Ko Ngwe Tun is familiar with his country’s geography. He knew where to find the right climate and the rich soil needed to grow the best coffee trees. […]

Most Chinese tourists prefer e-visas

Chinese nationals top the list of foreigners who enter Myanmar using an eVisa (visa on arrival), according to the Immigration Department at Yangon International Airport. A total of 18,700 Chinese nationals entered the country using visas on arrival in the first two months of this year. More than 300,000 foreigners, mostly Chinese, have used this […]

E-visa drives out visas on arrival

The number of foreigners using visas on arrival has been declining after the introduction of e-visa system, according to the Immigration Department. The e-visa system was launched on September 1, 2014 for 41 countries, most of which are in Asia. On October 2, 24 more countries were included in the programme, including several European countries. […]