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Karen Rebel-Backed Firm, Govt to Study Industrial Estate Proposal in Myanmar’s Deep South

YANGON—The Tanintharyi regional government and a company backed by a Karen armed group have signed a memorandum of understanding (MOU) to conduct a feasibility study on a strategic industrial estate project on Monday that aims to link with two major regional economic corridors, one backed by China and the other by Japan. Five hours by […]

Singapore-Kunming Rail Link (SKRL)

The Singapore-Kunming Rail Link (SKRL) is a pan-Asian high-speed railway network being developed to connect the countries of Cambodia, Laos, Malaysia, Myanmar, Republic of China, Singapore, Thailand, and Vietnam. The 6,617.5km-long, meter-gauge railway network is being developed with an estimated investment of $15bn, under the ASEAN-Mekong Basin Development Cooperation (AMBDC) which was formed to encourage […]

Thailand E-Sports Arena raises funding from Japan’s GameWith; to foray into Myanmar, Laos, Cambodia in 2020

Infofed, an e-sports startup and owner of Thailand E-Sports Arena, has secured an undisclosed amount in pre-Series A round of equity funding from Japanese gaming community GameWith. The startup will use the proceeds to expand its coverage in Southeast Asia. The firm plans to enter Myanmar, Laos, and Cambodia in 2020. “There is a huge […]

TCP Targets Myanmar with Plant

TOA-Chugoku Paints (TCP) has earmarked 500 million baht to construct its first overseas paint factory in Myanmar, expecting to capture demand from megaprojects. The new factory will produce two paint products — heavy-duty coating and marine paint — with a monthly capacity of 300 tonnes. The project will be located in Thilawa Special Economic Zone […]

Thilawa SEZ set to benefit from east west economic corridor

The Thilawa Special Economic Zone near Yangon is set to become a vital link in the East West Economic Corridor linking Myanmar, Thailand, Laos, Cambodia and Vietnam says an official from the Japan International Cooperation Agency (JICA). The East West Economic Corridor development project aims to link transportation and logistics networks to promote investment and […]

Garment industry in Laos continues to face challenges

Apparel firms in Laos are facing several problems ranging from shortage of skilled labour to survival, according to the Association of the Lao Garment Industry. Customers want quality and the manufacturers have little power to bargain the buying prices as their costs rise, association president Xaybandith Rasphone told its eighth general assembly last month. Shortage […]

Get All Myanmar aims high for rapid growth to expand overseas

WITH online to offline (O2O) platforms on the rise across Asia, Get All Myanmar Co, a locally owned enterprise that began commercial operations in February this year, is confident that it will be able to expand overseas in a few years, according to Nyein Chan Soe Win, the firm’s co-founder and chief executive. “We have […]

Myanmar still weak in enforcing contracts, protecting minority investors

Myanmar has done undertaken two reforms to improve access to power supply and the ease of starting a local business, according to the latest report from the World Bank. However, pace of reform on most regulations affecting the private sector remain stagnant. In the newly-released World Bank’s 2019 Doing Business rankings, Myanmar ranks 171th out […]

Hotel expansion continues in Yangon

More hotels are on the way in Myanmar’s commercial capital, Yangon, despite a sluggish tourism performance over the last two years due to the on-going Rohingya crisis. Developers at the luxury end of the market appear undeterred by the drop in European tourists believing business and luxury travel segments will continue to grow. But tour […]

Mytel: Standardized Local Calling Rates to Vietnam, Laos, and Cambodia

Fulfilling its commitment to make a positive impact on customer satisfaction, Mytel has worked on special rate for roaming with leading telecommunication companies in Vietnam (Viettel), Laos (Unitel) and Cambodia (Metfone). Mytel roaming charges the same for local Vietnam-Laos-Cambodia calls and roaming calls to and from Myanmar. This will allow Mytel to charge the same […]