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Why Myanmar matters so much for India

President Ram Nath Kovind will be on a four-day state visit to Myanmar starting on December 10. This will be the fifth high-level visit between the two countries in the last four years. Prime Minister Narendra Modi’s visit last year was the third by an Indian prime minister in five years and his second in […]

Myanmar tops poor nations’ FDI league as China cash flows in

JAKARTA — Myanmar attracted the most foreign direct investment of any of the world’s so-called “least developed countries” in 2017, even as the nation’s reputation plummeted over its forced expulsion of tens of thousands of Rohingya Muslims. The $4.3 billion worth of realized FDI that went into the resource-rich Southeast Asian country put it on […]

Grab cashes up for a bigger taxi fight

GRAB is arming itself for a long fight. The ride-hailing firm won one big battle earlier this year when it pushed US giant Uber out of South-east Asia. Much of its latest US$1 billion funding round will be spent in Indonesia, where the Singapore-based group is up against homegrown rival Go-Jek. That country is where […]

Fast-track delivery of Wärtsilä gas-fired power plant will help alleviate Myanmar’s electricity shortage in Kyaukse

The technology group Wärtsilä has been selected to provide the generating equipment for a new gas-fired power plant needed to alleviate the shortage of electricity in Myanmar. The power plant will operate on eight Wärtsilä 50SG gas-fueled engines, and the electricity generated will be fed into the national grid. The 145-MW plant is being built […]

Hybrid Myanmar: How A Quiet Market Could Leapfrog Traditional Data Centre Players

Political reforms, a growing economy and a speeding adoption of digital services are bringing the once isolated Myanmar out of the shadows. In the new decade, with the arrival of digital, the development of TMT infrastructure is starting to gain pace, but much work is still needed. João Marques Lima investigates. In the heart of […]

Conference on India-Myanmar Trade and Connectivity

The “Act East” policy also includes the endeavor to open new avenues of job generation and entrepreneurship, says Minister. The Union Minister of State (Independent Charge) of the Ministry of Development of North-Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances & Pensions, Atomic Energy & Space, Dr. Jitendra Singh has said that India’s “Act East” […]

Khiri connects travellers with Myanmar personalities, experts

Khiri Travel has created a new tour component which brings travellers into contact with some of the key eyewitnesses to Myanmar’s turbulent history – including Burmese royalty, artists and activists. Through the Personal Stories and Encounters – Meet the Leading Minds of Myanmar programme, tourists can meet Soe Win, a descendent of the last King […]

ESports Rule as New Café Hogs The Limelight

Amid the rapid rise of Electronic Sports (eSports) across the world, Halls of Gamers (HOG) and its affiliates are the first entrepreneurs in Myanmar to attempt to tap into the market. On December 15, HOG opened Myanmar’s first ever internationally certified iCafe and eSports centre housing state-of- the-art computers, game consoles and a dedicated space […]

Yangon Heritage Building Reopens to Public

Tourists can now explore one of Myanmar’s most historical colonial buildings as Yangon’s iconic Secretariat opens to the public for the first time in decades. Now high hopes are being pinned on the 120-year-old building becoming a major tourist draw to Yangon, with the launch of tours led by Asia Tours Myanmar while work gets […]

Damco Increases its Footprint to Keep Pace With Growth in Myanmar

Damco has increased its warehousing capacity in Myanmar with a new 10,000sq metre facility in Yangon. And in Cambodia, the 3PL has moved to a larger head office, in Phnom Penh, having enjoyed double-digit growth there this year. Officially opened last week, the Damco Myanmar Logistics Center will primarily support the sourcing operations of fashion and […]