Thailand’s Infrastructure Plans are Good for Trade with Myanmar

​​ Thailand revealed plans to invest in its infrastructure to boost trade with Myanmar. By committing to the initial investment, Thailand has started the process. Both parties must then work together to reap the benefits of the new infrastructure. Border trade makes up a reported 80% of trade between Myanmar and Thailand. It is essential […]

After Chabahar Port, Myanmar’s Sittwe big on India’s radar

After Chabahar Port in Iran, Sittwe in Myanmar may emerge as the next overseas strategic port for India. The Ministry of External Affairs (MEA) is helping to develop Sittwe Port, located at the estuary of Kaladan river in the troubled Rakhine province of Myanmar, for improving connectivity with Mizoram in the North East. Arun Kumar […]

Stock Trading Down, But Investors Remain Interested

The Myanmar Stock Price Index tumbled 23 points, or around 4.7 percent last week, closing Friday at 463.70, after officials from the Directorate of Investment and Company Administration (DICA) said the new Myanmar Companies Law would take at least another 8 months to implement. The new law, which replaces the existing 1914 Myanmar Companies Act, […]

New SEZ at Dala Township on the Cards

A new Special Economic Zone (SEZ) will be established at Dala township in the Yangon Region after completion of the Yangon-Dala Bridge, said Yangon Chief Minister U Phyo Min Thein at the Challenges for Business Enterprises in 2018 public talk at the Union of Myanmar Federation of Chambers of Commerce and Industry headquarters on Sunday. […]

Myanmar to Get Better Profit-Sharing Deal in Rakhine Port Project

Myanmar is set to receive a greater amount of the profit-sharing in a $7.2 billion deep-sea port development project in the town of Kyaukphyu in western Rakhine state, though negotiations with the main Chinese investor are ongoing, a commerce ministry official said Monday. A consortium led by CITIC Group Corporation Ltd., China’s state-owned investment company, […]

Myanmar’s flagship industrial park ready for takeoff

YANGON — Myanmar’s first industrial park has grown into a thriving hub of foreign investment in its first two years, in a country seeking to catch up quickly with its more industrialized Southeast Asian peers. During the two years since it opened in September 2015, the Thilawa industrial park in a suburb of Yangon, the […]

Frustration mounts as Kyaukphyu port negotiations stall

Kyaukphyu’s Chinese investors have hit back at criticisms over their majority stake in a proposed deep-sea port in Rakhine. They emphasised that it was the Myanmar government who drew up the shareholder structure and that the ball is in Nay Pyi Taw’s court to break the inertia and move the negotiations forward. Kyaukphyu is the […]

Myanmar army moves worry China

Since the Kofi Annan Commission on Rakhine state announced its recommendations a month ago, Aung San Suu Kyi has been insisting that her government is committed to implementing them. As a part of this plan, a ministerial-level committee to monitor progress on the implementation of the commission’s recommendations has been formed. But the government has […]

Myanmar Told to Move Now for OBOR Benefits

MYANMAR will miss out on the benefits of participation in China’s One Belt, One Road trade initiative if it doesn’t get moving now with preparations, a forum was told. Aye Lwin, a member of the Myanmar Investment Commission and the ruling National League for Democracy party’s Central Economic Committee, said Myanmar must cooperate with its […]

Why India Isn’t Really ‘Acting East’ in Myanmar

As an ascendant economic and political power, India has long been eager to assert its influence on the global stage, particularly in neighboring Southeast Asia. India’s intentions for foreign engagement are best articulated in its so-called Act East policy, an ambitious effort to elevate Indian influence via economic and strategic links with the subregion. Central […]