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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 […]

State Counselor’s Tourism Plan Promising but Hard to Implement

While giving State Counselor Daw Aung San Suu Kyi high marks for her strategies to reform the tourism sector, tour operators point out that conditions on the ground make her suggestions hard to implement. Speaking at a National Tourism Industry Development Central Committee meeting in Naypyitaw on Friday, Daw Aung San Suu Kyi put forward […]

Singapore Pledges Continued Support for Myanmar

Singapore’s foreign minister said the city-state and current ASEAN chair would continue to support Myanmar’s economic development and peace process through its many challenges. Speaking with journalists from across the regional bloc on Monday, Vivian Balakrishnan said Singapore stood with Myanmar as it tackled economic challenges, civil war and the Rohingya crisis. Balakrishnan has met […]

Fast-Growing Coffee Sector Looks for Extra Shot of Support From Government

YANGON— Myanmar’s coffee market is growing robustly, with the country’s beans attracting increasing interest in international markets as well as locally, industry sources said. U Min Hlaing, secretary of the Myanmar Coffee Association, said demand for Myanmar coffee has surged in the past few years and it is now being exported to more than a […]

PanAust Secures New Exploration License in Myanmar

PanAust is pleased to announce that it has secured three new exploration licenses in Myanmar on Thursday 5 July 2018, following approval by the Government of the Republic of the Union of Myanmar on 21 June 2018. The licenses are the first awarded under the Myanmar Union government’s new mineral regulations. PanAust’s headquarters is in […]

Rosewood Hotels & Resorts coming to Myanmar in 2018

Prime Residence has appointed Rosewood Hotels & Resorts to manage the Rosewood Yangon, which is scheduled to open in winter 2018. The company established by Kanok Furniture and Decoration of Thailand and Jewellery Luck Group of Myanmar originally planned for Kempinski Hotels to operate the property as the Heritage Hotel Kempinski Yangon., according to a […]