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Myanmar’s New Gold Mine is Dinosaur Amber

On the discovery of the “Amber hunter” for the discovery of the Jurassic Park-style of the Dinosaurs, through the rocks of precious resin in Myanmar – an attractive business that attracts the paleontologists but in the far north the struggle for decades also fueled. Kachin revolves around the merchants using the Amber Market torch and […]

Minister calls for earthquake readiness

Due to frequent earthquakes in 2018, the issue has become a challenge for Myanmar, said U Win Myat Aye, Union minister for Social Welfare, Relief and Resettlement. “Earthquakes have become a challenge that must be seriously addressed in Myanmar,” he said on Thursday. Myanmar was hit by 31 earthquakes in January, 13 in February, 11 […]

What’s new, copycat?

Myanmar’s designers are pinning their hopes on a new copyright law That people wear reveals as much of their personality as the cultural traits of their country. Creators and designers are not only business people making clothes or accessories for a living, but artists embellishing and also chronicling the ways of their own societies. As […]

Crop insurance to soon be offered

Crop insurance, which is of vital importance in agro-centric Myanmar, will soon be available to farmers who must regularly risk floods and other natural disasters that could potentially wipe out their harvest and their income for the season. A supervision committee on private insurance enterprises announced that private insurance companies established after 2013 will be […]

Low risk tolerance investors waiting for results of 2015 election to invest

According to a report by consulting firm New Crossroads Asia – low risk tolerance investors are waiting for the results of the 2015 election before investing in Myanmar. Aung Naing Oo, director general of the Directorate of Investment and Companies Administration (DICA) said there was some truth to this. “Reports that foreign companies are waiting […]

Gap Report Outlines Issues With Sourcing in Myanmar

As the first American retailer to resume sourcing in Myanmar since U.S.-levied sanctions were eased following the country’s military rule, Gap Inc. elected to publish a report evaluating its supply chain risks to paint a picture of local conditions and aid in development of responsible sourcing practices for the Southeast Asian nation. In a voluntary […]

Myanmar is definitely not that hardest place to do business if just want to start a Service Company

The recent World Bank’s “Doing Business”² report says that Myanmar is one of the most difficult place to do business ranking it at the bottom of the table (189 out of 189) in terms of ease of starting a business. If you look at the result it is to be expected due to more than […]

Video: Myanmar Company Incorporation – What you need to know

Learn about the Foreign Investment Law and how it benefits capital intensive industry that incorporate in Myanmar under the new law. This is the 2nd in a 2-part video series on Investing in Myanmar. This video outlines the Myanmar Foreign Investment Law (FIL) and the role of the Myanmar Investment Commission (MIC). It highlight the […]