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Better PR, infrastructure needed to woo more Korean investors

Myanmar must be more proactive and enthusiastic across its attempts to attract foreign investors, such as visiting with the countries it plans to attract investments from. It should also better communicate developments that would be of interest to investors, such as recent directives on liberalising the education and retail sectors, Lee Hyuk, Secretary General of […]

Gold leaf making business faces competition, disruption

Concerns of disruption and job losses are mounting among Myanmar’s gold leaf makers as demand rises for a swifter, more economical option to produce gold leaf sheets, used mainly for gilding at religious structures like pagodas. Now that machines capable of manufacturing gold leaf sheets are more readily available and affordable, the handmade industry is […]

Myanmar apparel exports may double by 2020

Myanmar’s apparel exports are expected to more than double to $4 billion by 2020 owing to the favourable government policies and low labour costs in the country, according to industry insiders. One of the reasons for this is the high wages and relatively higher cost of production in countries like Vietnam, India, China, and South […]

China’s drug habit fuels return of the Golden Triangle

By the end of this year Myanmar should have been free of narcotics. Instead, production of opium is soaring and the East Asian country, once part of the fabled Golden Triangle, is the second largest producer in the world. Axel Kronholm investigates why. Proposing a toast at the end of a successful meeting is not […]

Thailand’s Political Crisis ‘Puts Burma Developments at Risk’

The political crisis gripping Thailand is jeopardizing key economic infrastructure developments and other potential investment in Burma, reports warn. The crisis has all but paralyzed Bangkok government and civil service activity, freezing planned major investments in international railway and road links and petrochemical projects, industry analysts said. It has also effectively put on hold plans […]