Of the 137 countries that trade with Myanmar, volumes from the 10 largest have spiked in the past decade and could continue growing as the local economy develops and expands, officials said. China is currently Myanmar’s largest trading partner, followed by Thailand, Singapore, India, Indonesia, Malaysia, Japan, Vietnam, Korea and the US. According to the […]
New E-commerce Marketplace Bets on Myanmar’s Potential
October 16, 2019 by
A new e-commerce website called Spree.com.mm has officially launched, and will sell electronic appliances, household items, travel kits, fashion products, child products, food, and sporting products. The e-commerce platform will provide new competition to the Alibaba-backed Shop.com.mm which currently dominates the local e-commerce market. Users can make purchase items using various payment methods like Visa, […]
Taxi call centre aims to bring cabs to customers’ doorsteps
June 1, 2015 by
Yangon will receive its first Taxi Call Centre in June, aiming to increase convenience for clients and reduce down time for drivers, according to company officials. The call centre aims to make smarter use of taxis, many of which spend much of their day stuck in Yangon’s traffic jams, pulling in less than K10,000 a […]
Hlaing Tharyar set to shine after bridge opens
December 10, 2014 by
After several years of painful traffic jams, the owners of properties in Hlaing Tharyar, across the Yangon River to the north-west, could be poised to reap higher returns on their investments, say real estate agents. The completion of a four-lane bridge across the river in October has slashed travel times to Hlaing Tharyar. “Hlaing Tharyar […]
Myanmar Can Double Rice Exports Through Policy Reforms: WB
June 16, 2014 by
Myanmar has the potential to more than double its rice exports by implementing policy reforms, a new World Bank report said. In a bid to increase rice exports, Myanmar has to diversify and increase its rice production, open its rice milling sector to direct foreign investments and reduce export procedure costs, thereby alleviating rural poverty, […]
Firms line up for Myanmar opportunity
June 20, 2013 by
By Jaspal Bindral (group executive director and CEO Asia, Standard Chartered) As senior decision-makers from around the globe descended on Myanmar’s capital of Naypyidaw for the World Economic Forum on East Asia recently, multinational companies were lining up to explore the huge commercial opportunities in the country. At Standard Chartered, we’re seeing strong, and growing, […]
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