Japan’s Acecook Presses for Tenfold Surge in Myanmar Noodle Sales

YANGON — Japan’s Acecook aims to sell around 3 million servings of instant noodles monthly in Myanmar by March, hoping a new factory in the country will multiply previous figures by 10 or more. The manufacturer began turning out instant noodles in April at a new plant in the Thilawa Special Economic Zone on the outskirts […]

Qatar Airways Adds Flights to Yangon-Doha Route After ‘Strong Demand’

​​ Qatar Airways has added two new weekly flights to its route between Yangon and Doha in response to “strong demand”, the company said. The high-end airliner re-entered the Myanmar market in 2012, shortly after the country’s econo­my began liberalising. The extra fights mean Qatar Airways now offer five flights a week from Yangon to […]

Deltapath introduced in Myanmar market

Deltapath, a leading provider of multi-vendor compatible unified communications, was introduced to the Myanmar market so as to widely use its service in the country, it is learnt. Deltapath joined hands with Polycom, the leader in HD video conferencing, voice conferencing and telepresence, so as to offer web conferencing and video on mobile devices. Deltapath […]

Myanmar govt proposes tender for massive purchase of generic medicines

The Ministry of Health in Myanmar has invited pharma companies to supply generic medicines in Myanmar. The country is looking for massive purchase of generic medicines through tenders around April 2017. The Union ministry of commerce is planning to have a meeting on December 23, 2016 to discuss how to cater to the drug requirements […]

Myanmar market holds potential for Vietnamese goods

Vietnamese firms should study the Myanmar market and act quickly to take advantage of trade and investment opportunities there, the Investment and Trade Promotion Centre of HCM City has said. Pham Thiet Hia, the centre’s director, said that Myanmar, with its population of 55 million, has high demand for many kinds of products that Vietnamese […]

Tuborg turnaround for Carlsberg

Carlsberg has caved to complaints from the family of a famous Mandalay singer, who say the Danish brewer used the title of one of his hits as the name for Tuborg Beer in Myanmar.   “In light of the claims of the relatives of the late Sayar Myoma Nyein and the general debate about the […]

Taiwan Cooperative Bank opens representative office in Yangon

Taiwan Cooperative Bank (合庫銀), the banking arm of Taiwan Cooperative Financial Holding Co. (合庫金), opened a representative office in Yangon, Myanmar Thursday, making the office the fifth foothold of the bank in the fast-growing Association of Southeast Asian Nations (ASEAN) market. The four other outlets in the ASEAN market consist of one branch located in […]

Myanmar to mull tariff cut for Taiwan’s fabrics following an economic summit

TAIPEI — Myanmar has agreed to study the possibility of lowering its tariffs on imported Taiwanese fabrics, a move seen as a goodwill gesture following an economic dialogue held by Taiwan and Myanmar, the Ministry of Economic Affairs said Saturday. A Taiwanese delegation led by Yang Jen-ni (楊珍妮), head of the MOEA’s Bureau of Foreign […]

KBZ Bank on Myanmar’s strong future

Wide-reaching regulatory changes mean that there are far greater opportunities for Myanmar’s emerging banking sector The financial industry in Myanmar is in a phase of momentous transformation, with new market entrants in the banking sector, both local and foreign, the emergence of the private insurance sector, and the launch of the Yangon Stock Exchange driving […]

40 Thai subcontractors seek business in Myanmar

“All our members want to expand their markets and are willing to cooperate with companies in neighbouring countries,” said Somkiat Chupukcharoen, president of TSPA and managing director of SCC Tech Co. “We want to know more about Myanmar people and culture, etc. We must know each other first. Only then will we be able to […]