Prioritised sectors, new investment opportunities in Yangon laid out

At the Yangon Investment Forum on Wednesday, Yangon Chief Minister U Phyo Min Thein announced the five sectors his government intends to prioritise and in which Yangon welcomes foreign investments. U Phyo Min Thein said the trade, logistics, industry, public transport and energy sectors would be prioritised, adding that the Yangon deep sea port, development […]

Uncertainty on the Waterfront

In recent years, downtown Yangon has become a cool place to hang out, its history written on the walls of its picturesque old buildings, its streets filled with hipster cafes and trendy boutiques. Photographers often turn this area into their sets, posing models on trishaws against the backdrop of the Yangon River at sunset. Some […]

Yangon to Take Part in Upgrading of Industrial Zones

​​ The Yangon Regional Government will upgrade the industrial zones located within Yangon Region to encourage further investments and development, U Phyo Min Thein, the region’s Chief Minister said during a meeting at the office of the Union of Myanmar Federation of Chambers of Commerce and Industry late last week. There are 29 industrial zones […]

China And Japan’s ‘New Great Game’ Intensifies In Myanmar

Throughout Asia the frontiers of investment are being pushed ever onward, gobbling up former backwaters in the hunt for cheap labor, natural resources, infrastructure deals, and the massive profits that can be made in the margins of a country transitioning from “emerging market” to “plain old market.” As the developed, investor countries of the world […]

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 […]