YouTube video on Myanmar Culture Shock goes viral

  A YouTube video that is quickly going viral points out the most memorable things about Yangon from the point of view of a former resident, including the large numbers of stray dogs, men in longyis, frequent power cuts, and the grandeur of the Shwedagon Pagoda. The video, titled “5 Culture Shock in Myanmar”, posted […]

ASEAN Summit: Assertive China flexes its muscles as Trump gives conflicting signals

Bangkok (ANN News Desk) – Obama’s pivot to Asia is dead. Despite the Trump administration’s confrontation with North Korea dominating headlines for the past several weeks, in the back channels of a major regional summit, diplomats all whispered the same thing, the pivot was over. If anything, Trump’s obsession with North Korea and the administration […]

Confident iflix aims high in Myanmar

Greenlee said in an exclusive interview that Myanmar’s leap in the telecommunications sector would fuel the firm’s growth in the nation. “It is the first time that subscription video on demand [SvoD] service is available in Myanmar. So, we have set a benchmark again. We expect to be highly successful,” she said. “Myanmar is the […]

Myanmar’s Garment Industry Holds Unique Opportunity

Just as I return from visiting garment factories in Myanmar, a stream of press attention focuses on challenges facing this area. Although there are challenges, my trip has only made me believe in the unique opportunity this country represents to change the future of how our clothing is made. Amidst the media headlines there lies […]

The Road to Muse

Mandalay-Muse Road linking Mandalay, the second capital city of Myanmar, and Muse located on Myanmar-China border plays a pivotal role in border trade between the two countries. The road was once notorious for its poor condition coupled with the then thriving insurgency. But nowadays, the situation has changed a lot as the country is moving […]

Impact of Agricultural Investment in Myanmar

After years of international isolation, Myanmar is liberalizing its economy and seeking to attract growing levels of foreign investment. Agriculture currently plays a crucial role in the country’s economy and more than 60 percent of the population depend on agriculture for their livelihoods. The Government of Myanmar (GoM) has acknowledged the need to support smallholders […]

Illegal foreign-run businesses in Yangon MPs’ crosshairs

Amid much talk of luring outside investment to Myanmar, Yangon Region lawmakers have indicated that they want to see greater scrutiny of foreign operators of illegal businesses in the commercial capital. Regional MPs yesterday approved a proposal to debate cracking down on these foreign entrepreneurs next week. Parliamentarian U Win Maung (NLD; Hlaing Tharyar 1) submitted the […]

Korean firms to be invited to build Yangon-Dala bridge

Subscribe to our tender alert mailing list A Tender for private companies to build a multi-million-dollar suspension bridge connecting downtown Yangon with sleepy Dala township will be called “soon”, but only for Korean firms, the Ministry of Construction’s permanent secretary said. U Kyaw Lin said a consulting company will be chosen this month to oversee […]

Big car opportunity in tiny Myanmar; can India drive home the advantage?

After half a century of isolation, Myanmar has finally opened up its market. It is a big country with a population of 51 million, strategically located between India, China and Thailand, with GDP growth of 8.7% in 2014—this growth is expected to be in a similar range until 2019. Since the formation of a new […]

BKL continues overseas expansion with Myanmar office

Korean law firm Bae, Kim & Lee (BKL) has opened an office in Yangon, Myanmar, its seventh globally, and its third outside of its home country. The Yangon office will be led by partner Eric Eunyong Yang, who along with fellow partner Yong Geun Bae, joined the firm last year from Yulchon with the aim […]