Mandalay’s development hampered by red tape: survey

Based on responses from the city’s business community, the survey says that Mandalay and its surrounding states and regions have better transportation links with major trading partners China, India and Thailand than its main rival, Yangon. The survey, which asked local companies how the city could develop and what challenges they faced, was conducted last […]

Imphal-Mandalay bus service survey underway

Efforts to open up travel and trade between India and Myanmar have moved up a notch as a joint team of Myanmar and Indian officials met in Imphal, India to commence a survey for the proposed Imphal-Mandalay passenger bus service, according to The Sangai Express, January 11. E-Pao news service, quoting The Sangai Express, reports […]

Frontier markets beckon, but there are bullets to dodge

By Jose B. Collazo And Curtis S. Chin For The Straits Times S.e.a. View As China’s economy continues to slow, businesses may find new opportunities in South-east Asia as the Asean Economic Community’s (AEC) end-of-2015 launch date approaches. The AEC promises a 10-nation market and new opportunities and returns. Yet, investor beware. The findings of […]

1 in 4 Asian firms ‘eyeing Myanmar’

SINGAPORE – One in four Asian companies is looking to invest in Myanmar, according to a survey by a Singaporean bank. The UOB Asian Enterprise Survey 2014 found Myanmar had emerged as one of the key investment destinations for Asian companies. Wee Ee Cheong, deputy chairman and chief executive officer of UOB Group, said more […]

Myanmar one of the preferred countries for investment by US firms

Indonesia remains the most preferred destination in the Asean region of American companies for their future expansion despite the many challenges they encounter in doing business in the country, a recent regional survey has found. The Asean Business Survey Outlook 2015, carried out by the American Chamber of Commerce (AmCham) Singapore and the US Chamber […]

Information on Responsible Business Practices Largely Absent: Survey

Most Burmese companies provide little to no information on whether they have policies on responsible business practices, a survey among 60 major firms has found, and almost half did not even have a website with general information about their activities. A report by the Myanmar Center for Responsible Business, released on Tuesday, surveyed how much […]

Most Myanmar have hopes high for the future, survey finds

A public opinion survey which found that nearly 90 percent of those questioned believe Myanmar is heading in the right direction has also revealed serious concerns about low incomes, unemployment, a lack of aid for the farm sector and the quality of healthcare and education. The survey of 3,000 people, interviewed throughout the country from […]

Govt Measures Fail to Cool Yangon’s Overheated Property Market: Experts

Property prices in Rangoon continue to soar and government measures to cool down the real estate market in Burma’s biggest city are failing to make an impact, according to property agents and economists. They said the government should revise its property tax policies in order to stop further price rises. Currently, real estate buyers can […]