France keen to invest more in Myanmar, says official

After a pause of eight years, France is going to expand existing investments and make new ones in Myanmar, a senior official of the Myanmar Federation of Chamber of Commerce and Industry (UMFCCI) has revealed. “They have trust in Myanmar. As French organizations have learned there are many prospects here, they are coming to invest […]

Myanmar garment industry body denies use of child labour in factories

Some international media outlets published reports on the booming industry, based on the findings of a report, entitled “The Myanmar Dilemma” published by Netherlands-based Centre for Research on Multinational Corporations (SOMO). The report revealed that top brands including H&M, Lonsdale and Pierre Cardin have been sourcing from factories employing children as young as 14. MGMA […]

Myanmar expects entry of more US businesses

Representatives of US companies have become frequent guests at the Myanmar Federation of Chamber of Commerce and Industry these days as they explore business opportunities in the long-isolated country. The visits have gathered pace since the National League for Democracy (NLD) won the election and the power transition from military rule appeared to be going […]

The Long Road To Investing in Myanmar

A seminar in Bangkok has been told that while there are opportunities in Myanmar for foreign investors the country lacks the human resources to enable rapid growth, while many of the opportunities that exist are in industries which have profound levels of corruption. The packed to capacity presentation, Myanmar at the Crossroads, part of the […]