Economic opportunities in Rakhine State

Rakhine State is rich in natural resources. It has many rivers, lakes, ponds and is connected to the ocean. Good ports exist and as improvement to road links are being made, trade, local and foreign investments are increasing. The government is emphasizing on investment and trade in order to increase production in agriculture products as […]

Top Myanmar retailer to launch e-wallet with Thai technology

Win Win Tint, founder and managing director of CMHL, said in an exclusive interview that the firms recently signed a memorandum of understanding to form a joint venture. According to the pact, T2P will share its experience in developing both fintech and customer-loyalty programmes of the retailer by providing the technology to run its loyalty […]

Myanmar’s tourism boom faces manpower challenges

Tourism is booming in Myanmar. Over the past five years, visitors have been pouring into the country, after it shook off its image as a “pariah” state with the establishment of a quasi-civilian government and, for the first time in more than half a century, an administration under new leadership this year. Tourist arrivals surged […]

Dry port discussions under way on China border

The Shan State government has approved the project, and has asked First Golden Dragon Company to secure consent from landowners, said Muse district administrator U Kyaw Kyaw Htun. The company hopes to build a 210-acre dry port including a highway bus station, space for trucks to load and unload, cold storage and new warehouses, he […]

Second economic zone planned for 2016

A second central economic zone project (the Mindhamma project) will be implemented in Yangon in 2016, according to Yangon City Development Committee. Experts pointed out that the central economic zone should be separated from the city due to the population density and traffic jams in Yangon. The project will be built on a 37-acre site […]

Yangon Airport calls of EOI for key commercial concessions

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Yangon Aerodrome Company Limited (YACL) is seeking Expressions of Interest in these following categories: Travel Retail, Fashion & Accessories (including Luxury brands) Food & Beverages (cafes, restaurants, bars, food courts, etc) Electronics Books, Magazines and Stationary Watches Toys […]

Untouched Kabyar Wa beach faces an uncertain future

The salty, humid breeze off the Andaman Sea soughs through the sparse pine trees on the edge of the shore and rolls as far as the clumps of areca palm farms along the ridgeline. The early May sun is high in the cloudless sky, and the waves are placid and slow. Kabyar Wa, arguably one […]

On Scarcity and Human Resource Pricing in Myanmar

Rounding up a week-long business trip in Yangon, I was having a round of drinks with friends at the Gallery Bar in the Sule Shangri-La Hotel in downtown Yangon, while discussing all that we’d learnt and discovered over the past week. One comment came up as particularly poignant, “Anyone hoping to build a successful business […]

Despite Limited Scope, Foreign Alcohol Flux Sends Shivers Through Industry

After a quiet campaign against reselling imported foreign alcohol, the government announced an easing of restrictions from the new fiscal year, which starts in April. However, there is still a great deal of uncertainty over the future of the foreign alcohol in Myanmar. Foreign liquor is still unavailable at supermarkets. The country’s leading chain CityMart […]

A Winning Formula at Yangon’s The Lab

YANGON — In a small, dimly lit room with exposed terracotta brickwork, a crush of well-heeled people squeeze around high wooden tables, talking animatedly and sipping cocktails late into the evening. This could be any chic bar in any hip neighborhood across the world—say London, New York or Madrid. But this is Myanmar, and this […]