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 […]

Resource transparency group accepts Myanmar as candidate

Myanmar was approved as an official “Candidate” country with global resource transparency group Extractive Industries Transparency Initiative (EITI) at its board meeting in Mexico on July 2. Joining the international group has been a public goal of the current Myanmar administration, aiming to increase transparency in a notoriously opaque sector. The EITI is now composed […]

Philippines’ Microtel Corporation prepares to invest in Myanmar

Philippine-based Microtel Corporation is preparing to invest in hotels, real estate and educational services in Myanmar, according to Myanmar Investment Commission (MIC). Jose Mari del Rosario, Chairman of Microtel Development Corporation, visited the Directorate of Investment and Companies Administration (DICA) in Nay Pyi Taw to discuss the rules and regulations regarding their investment. The Microtel […]

In Myanmar, Sailing in the Wake of Kipling and Orwell

ON THE IRRAWADDY RIVER, Myanmar — When Daniel and Susy Florens booked a five-star honeymoon with stops in some of Asia’s premier luxury destinations, Myanmar seemed like just another stop on the itinerary. They had agreed to take a five-day cruise along the Irrawaddy River on the recommendation of a trusted travel agent. But as […]