ASEAN trade pact strengthens Myanmar’s ties with Australia, New Zealand

THE free trade agreement (FTA) between ASEAN, Australia and New Zealand makes Myanmar products more competitive in the two biggest markets in Australasia, according to trade commissioners from Australia and New Zealand. There is a huge potential for trade to grow in the agriculture sector, as all three countries are rich in farms and fisheries. […]

Joint Networking Event, New Zealand Thai Chamber of Commerce and Australian-Myanmar Chamber of Commerce , 14 Sep, 9am at Yadana Ballroom, Park Royal Hotel

The New Zealand Thai Chamber of Commerce and Australian-Myanmar Chamber of Commerce will host a joint networking event. To Importers, Exporters, Brokers and Freight Forwarders We would like to invite you to learn more about taking advantage of the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA). The agreement opens up and creates many new opportunities for […]

Myanmar to Upgrade Domestic Dairy Products

YANGON, Aug. 11 (Xinhua) — Myanmar is striving to promote domestic dairy industry by raising the standard of its products, official media reported Friday. At present, the country’s Livestock Breeding and Veterinary department is exerting efforts to establish standards for milk products to place them in the market after obtaining approval from Food and Drug […]

Daibochi expects a better second half with new plant’s contribution

KUALA LUMPUR: Daibochi Plastic and Packaging Industry Bhd, which on Wednesday reported a 14% dip in first half-year net profit, expects a stronger performance in the second half of the year as it banks on its newly-operational first overseas plant in Yangon, Myanmar. The flexible packaging manufacturer said in a statement that the consumer packaging […]

Foreign Direct Investment into a country is influenced by Ease of Doing Business

FDI is desired by most of the countries as it can help in boosting the economic development of the country. Therefore almost every country tries to attract the foreign investment by offering the incentive such as tax incentive, tax grace period and etc. Our neighbouring country, India had amended the Foreign Direct Investment Law in […]

Tourism industry booming in Mandalay in December

Tourist arrivals have increased in Mandalay due partly to the addition of more Mandalay-Bangkok- Yangon flights and more direct flights between Mandalay and Hong Kong in December. Adding to the burgeoning popularity of central Myanmar is the allowance since September for foreign tourists to enter Myanmar through border entrances with an evisa, available online. Tourists […]

Global Brands Opt for EU-Backed Factories to Avoid Pitfalls of Controversial Garment Industry

With its clean white surfaces, regulated humidity and glowing fluorescent lights, the quality control division of Bogart Lingerie’s facility in the Hlaing Tharyar industrial zone looks more like a medical laboratory than a garment factory. Inside the Yangon factory, workers sort through bras and underwear fresh from the production lines, checking for any defects before […]

Coffee Not caffeine, Say Industry Experts

Look out Colombia. And stand back, Brazil: Myanmar coffee is coming. Though coffee has been grown in this country for 100 years, production volumes were low and the quality was hidden under a bushel. But now international aficionados are starting to take Myanmar seriously as a producer of first-class joe. Marcelo A Pereira Magnere, a […]

Transforming Myanmar’s corporate landscape – Aung Naing Oo and Winfried Wicklein

For more than a century Myanmar companies have been regulated by the colonial-era Myanmar Companies Act of 1914. The law shares similarities with company laws from other former British colonies such as Singapore, Malaysia and Hong Kong – yet while they have updated their laws to reflect the realities of modern businesses, the Myanmar Companies […]

A New Law to Bring Major Reforms to Myanmar Corporate Sector

Myanmar is undergoing significant economic liberalization and reforms designed to promote economic growth and investment. Now is also the time to undertake the legal reforms required to support economic liberalization – reforms in regulation of companies that have occurred in many neighboring countries in our region undergoing significant economic growth. These reforms in company law […]