Timber group replaces sub-contractors with service providers

This comes after it previously said no more sub-contracts would be issued. It announced that the decision to hire service providers was due to the MTE’s capacity limits. Experts have questioned the differences between sub-contractors and service providers and argued that transparency is essential in any reformed processes. Last year, the MTE announced that it […]

Thilawa SEZ Commences Second Phase of Project

​​ RANGOON — Rangoon’s Thilawa Special Economic Zone (SEZ) management committee members said they expect to complete the 250-acre second phase of the project in mid-2018, during a commencement ceremony at the SEZ’s new Zone B on Friday morning. Thilawa SEZ is located between Kyauktan and Thanlyin townships, 14 miles from downtown Rangoon. The project […]

Telenor to abolish roaming taxes in Thailand, Myanmar and Malaysia

Telenor will be the first operator in Sweden to abolish roaming taxes on surfing the internet in countries outside Europe. From 26 January 2017, Swedes with Telenor’s subscription ‘Telenor Frihet’ (freedom) can start surfing the internet in Thailand, Myanmar and Malaysia with no extra charge. Since June 2016, ‘Telenor Frihet’ started including the rest of […]

Telenor Group reports second quarter results, Myanmar growth

The Norway-based Telenor Group has reported positive second quarter results including continued growth in its mobile phone outreach in Myanmar, a country in the throws of a communication revolution after decades of military regime rule. Telenor and Ooredoo are the two main players competing in the largely virgin Myanmar market, helping everyone from farmers, to […]

Myanmar plastics industry bound by lack of CMP licenses

Yangon, June 24 – the Myanmar Plastic Industries Association (MPIA) has voiced the Myanmar plastics industry would benefit from the issuing of Cut-Make-Packaging (CMP) licenses in the manner as has been supplied for the country’s garment factory industry. Myanmar plastic enterprises are currently confined to distribution solely within the domestic market. If domestically produce plastics […]

Myanmar targets $12 bn of garment exports by 2020

Myanmar’s garment industry has set an ambitious export revenue target of $12 billion and create around 1.5 million new jobs by 2020, the Myanmar Garment Entrepreneurs Association has announced. The industry has gained momentum since 2014 when its export earnings amounted to $1.5 million. By mid-2015, the industry created over 230,000 jobs. The local garment […]

UN Hails Myanmar’s Historic New Parliament

The UN has added its powerful voice of support for the dramatic leadership changes happening now at all levels in Myanmar’s government. When U.Thant of Burma (now Myanmar) was elected UN Secretary-General back in November 1962, he was the first Asian to hold that post after Trygve Lie of Norway and Dag Hammarskjold of Sweden. […]

Myanmar launches Thilawa industrial zone

THANLYIN, MYANMAR — Dignitaries from Myanmar and Japan on Wednesday launched the first phase of a huge industrial zone on the outskirts of Yangon, as the long-isolated nation pushes to rapidly accelerate its industrialisation. Housing everything from children’s toy manufacturing to a car assembly plant and a deep-sea port, the Thilawa Special Economic Zone (SEZ) […]

Thilawa interest coming from Japan

Over half of the 42 companies that have committed to building in Thilawa special economic zone are Japanese firms, according to U Myint Zaw, general manager of Myanmar Japan Thilawa Development. While there are currently no factories up and running at the site, construction is moving forward and some of the factories ought to be […]