Mining in the Mekong: Myanmar to outperform, Thailand to underperform – report

There is big opportunity, and and also big risk in the Mekong mining sector, according to recently published report. Fitch Solutions Macro Research’s industry analysis maintains the Mekong region will remain underdeveloped and dominated by domestic players in the coming years as foreign investment flows into the sector will be minimal amid a myriad of […]

Visitor growth to Myanmar slows to 2% this year

Growth in passenger numbers in the aviation sector stalls this year, as the humanitarian crisis in northern Rakhine has “discouraged potential visitors”, according to a Singapore-based aviation industry consultancy. The report “Myanmar international aviation: overcapacity as tourism growth slows” was produced by Centre for Aviation (CAPA) last month. Visitor numbers from Western Europe fell by […]

More teacher training needed to head off shortage, report finds

An instructor training course for the extracurricular primary-level education level. The country requires more than 6,500 high school teachers between now and next March, along with over 21,000 middle school teachers and more than 35,000 primary school teachers, according to a report by the National Education Policy Commission in its second report (covering April to […]

MPT has Myanmar’s fastest mobile speeds

Myanmar’s MPT has the fastest internet speeds among the nation’s major mobile operators, according to a new report from Ookla’s Speedtest service. An analysis of the results of user-initiated tests over the Speedtest Android and iOS mobile apps indicates that MPT had an overall speed score of 11.45 during the first half of the year. […]

Uber Offers Solution to Yangon Traffic

Uber Myanmar re­cently released a report by Roland Berger that advocates for the use of ridesharing in Yangon, detailing the positive impacts its could have on the city’s chronic traffic. Compiled by interview­ing over 4,700 riders and drivers, the report con­cludes that ride-sharing, or the use of private cars for the public good, es­sentially, the […]

Twenty-seven new piers planned in Thilawa SEZ by 2020

Construction of 27 piers in Thilawa Special Economic Zone (SEZ) will begin this year for completion by 2020, according to a report in yesterday’s Myawady Daily newspaper. Some piers are used for general cargo while others are designated for specific goods. Five piers are expected to be completed by 2018. Six new piers were established […]

World Bank weighs in on selecting audit firm for EITI report

Besides the tripartite – government, the company and civil society organisations – responsible for piling report for implementing Extractive Industries Transparency Initiative (EITI), the World Bank (WB) joined in selecting independent audit firm. “We have opened tender for audit firm from abroad, and before long the World Bank joined us. According to procedure, the tender […]

Serviced Apartment Market in Yangon 3Q, 2014

Subscribe to our Myanmar Property Mailing List and get notified immediately whenever we have a new report Research & Forecast Report Yangon | Serviced Apartment Market 3Q 2014 Chronic future undersupply as expats swell As at the end of 3Q 2014, the total supply stock of serviced apartments in Yangon improved by 2% quarter-on-quarter following […]

Myanmar tourism to earn US$900 million in 2014

Myanmar has seen a five-fold increase in tourism income over the last decade with the sector pulling in US$905 million in 2014, according to a report on the sector, released on November 30 from the Ministry of Hotels and Tourism. The country brought in US$171 million in 2004 in comparison with US$905 million in 2014, […]

Japan’s Toyota leads in Myanmar auto sales

Leading Japanese vehicle maker Toyota is still dominating Myanmar’s growing automobile market with a 53 percent share compared with top-notch Korean and Western automobile brands, according to an online survey released October 13. Yangon-based Motors.com.mm conducted an online survey from October 6 to 10 based on online trading on its website, the Motors.com.mm’s Country Manager […]