Yangon new bus system gets moving

The residents of Myanmar’s main commercial city are slowly adjusting to the new transport system, introduced nearly a month ago by the region’s chief minister. “It was chaos to begin with, but now we’re getting used to it,” office worker Mi Mi Chan told Asia Focus as she waited to catch her bus to work […]

Tapping Into Myanmar’s New Taste for Foreign Food

As their nation emerges from decades of isolation, the people of Myanmar are developing appetites for new and foreign things, especially food and drink. Imports of foods and beverages have skyrocketed since 2011, driven by rising incomes, urbanisation and the influence of foreign media. Imported condiments, such as MSG, instant cooking paste, seasoning powders and […]

Myanmar honing investment laws to ensure a level playing field for all, minister says

Myanmar is drafting several laws and regulations to create a more level playing field and more favourable investment climate. Set Aung, deputy minister of national planning and economic development and vice governor of the Myanmar Central Bank, told the recent Myanmar Global Investment Forum in Nay Pyi Daw that the foreign investment law was amended […]

Japan nears Dawei participation call

Japan aims to make a decision on the level of its involvement in the Dawei Special Economic Zone project by November, Myanmar officials said. The world’s third-largest economy is mulling possible technical assistance or Official Development Assistance (ODA) support to the SEZ, said U Set Aung, deputy minister for National Planning and Economic Development at […]