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Myanmar’s English proficiency ranked bottom 10% worldwide

Myanmar is ranked 82 out of 88 countries in English proficiency ranking for non-native speakers, according to a survey by the EF English Proficiency Index (EF EPI). It is the first time the country appeared on the annual index, which has been published for the eighth consecutive year. Six ASEAN member states were ranked higher […]

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 […]

Grab makes takeover bid for Uber’s Southeast Asia operations, including Vietnam: reports

Uber has been unable to turn a profit in Asian markets, making it a prime target for rivals. Southeast Asian ride-hailing firm Grab has been in talks with rival Uber to acquire its regional operations in a bid to tighten its grip on the rapidly growing shared transportation sector, Kr-Asia quoted people familiar with the […]

MIC Suspends New Investments in Timber Businesses

Permission for to start new timber-based businesses will be temporarily suspended in Myanmar, the Myanmar Investment Commission (MIC) said in a November 16 statement, which was made public by the Directorate of Investment and Companies Administration (DICA) this week. To preserve the country’s forests and limit illegal logging activities, the MIC will temporarily stop issuing […]

Vietnamese garment industry faces fierce competition from China, Myanmar

Competition in the world garment market is forecast to be stiffer, not only with China but also with countries such as Myanmar and Cambodia as they increase competitive pressures on Vietnamese products. The information was announced at a seminar on the prospect of garment exports in 2018 held in Ho Chi Minh City on November […]

Uber Stuck in Neutral Under Hong Kong Taxi Regime

HONG KONG — Uber Technologies’ ride-hailing service is stalling in Hong Kong, cut off by taxi interests that wield heavy influence in local politics. Law enforcement authorities in May arrested 22 Uber drivers on suspicion of operating without a taxi license or auto insurance. “Some companies … hope they can run their businesses and not […]

Lacoste makes Myanmar debut with Yangon Airport store

Lacoste has entered the Myanmar travel retail market with the opening of a store at Yangon Airport. The 100sq m store, located in the airport’s new Terminal 2, features Lacoste’s latest concept design. The brand said the store aims to offer a premium shopping experience to local and international travellers. Lacoste Asia Pacific Travel Retail […]

Ooredoo to Get New CEO for Myanmar Unit

Qatari telecoms firm Ooredoo said that Rene Meza, currently managing director of Vodacom Tanzania, will replace Ross Cormack as CEO of its Myanmar business. The firm said in a statement that Cormack “has taken the decision to leave his position later this year.” Over the past two years, Ross has led the Myanmar unit from […]

MyanmarCarsDB Pulls Ahead With Frontier Digital’s Investment

Humble founders of digital startups can take heart: Just because a deep-pocketed foreign company plants web stakes in a less developed country doesn’t necessarily spell doom for the little guy. There’s a significant proviso, though, that wasn’t true a decade ago: the first mover startup needs to attract generous angel investors pretty early on. Despite […]