Indian Trade Delegation Tempted by Investments in Beans and Rubber

An Indian busi­ness delegation led by South­ern India Chamber of Commerce and Industry (SICCI) has expressed in­terest in investing in rub­ber-based products and beans, the group’s chair­man has said. Mr Rafeeque Ahmed made the comments dur­ing a speech at UMFCCI in Yangon. Rather than importing raw beans to India from Myanmar, he said, there is […]

Tackling Asia’s final technology frontier

Honey Mya Win didn’t have to look far to discover the tech potential for Myanmar. A 26-year-old former telecom engineer at Huawei, she was directly involved in configuring mobile phone towers and base station controllers that expanded 3G access to the once reclusive nation. “My team was actually the one connecting the country,” she said. […]

Japanese chamber makes proposals to Suu Kyi to promote investment

A visiting Japanese business delegation proposed policy measures to address major challenges impeding Japanese investment into Myanmar in a meeting Friday with the country’s leader Aung San Suu Kyi, state media reported Saturday. During the meeting in the capital Naypyitaw, the delegation of the Japan Chamber of Commerce and Industry, led by its chairman Akio […]

Climate change affected soybean farmers get new seeds, technology

SHWE PAHTOE VILLAGE, Shan State — Hla Min had been successfully farming soybean since 1994 on the hillsides of Shwe Pahtoe (South), an ethnic Danu village in Pindaya Township, southern Shan State, when around 2008 his harvests began to fall. As rains became increasingly erratic due to a changing climate his crop suffered. Sometimes rains […]

Thai Dairy Pioneer Eager to Share Expertise With Myanmar Firms

​​ ALTHOUGH it took nearly 30 years for Thailand’s dairy business to achieve growth, Myanmar has high potential for the industry to grow in less than 15 years, according to Sangchai Chotchuangchutchaval, chief executive officer of Patkol Public Co, which is the pioneer among Thai dairy manufacturers. “In Thailand, at the beginning of the dairy […]

9 Acres of Marga Land Returned to Govt, but MP Demands More

The return to public hands of more than half a plot of land given to Marga Landmark Co for the relocated Dagon City real estate project in the waning days of the previous government is not enough for MP U Maung Maung Ohn, who yesterday called for more. Nine of the 17.7 acres of public […]

Chambers of Commerce to suggest economic development in seven sectors

To effectuate the development of local businesses, the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) will give guidance on the needs in seven different sectors — agriculture, construction, energy, manufacturing, tourism, technology and finance, said U Zaw Min Win, the chairman of UMFCCI. The UMFCCI will submit an assessment report in […]

Education Ministry Wants to Take Back Rangoon Land from Property Developer

RANGOON — Burma’s Ministry of Education now wants Parliament to help it take back a valuable parcel of land that the former government gave away to international developer Marga Landmark. The 17.7-acre tract, situated in a prime location close to Rangoon’s Inya Lake and the Sedona Hotel, once belonged to the Ministry of Science and […]

Russia, Myanmar Launch Working Body for Nuclear Tech Cooperation

Russia and Myanmar this week established a working body for nuclear technology cooperation, according to officials. Little is known about the bilateral taskforce, including who is involved or even how many members are included. The two countries signed a memorandum of understanding (MoU) to cooperate in nuclear technology for peaceful purposes in June last year. According to […]

Clash complicates 2600MHz auction

A spectrum auction scheduled for the end of March may not come off as outlined in initial plans, as the communications ministry is still weighing commentary from the telecoms industry. At the beginning of February, the Ministry of Communications and Information Technology (MCIT) posted a consultative document about the auction of 140MHz of spectrum in […]