Is Myanmar Ready to Become a Regional Trade and Supply Hub?

Japanese Prime Minister Shinzo Abe recently pledged to promote more than 150 quality infrastructure projects in five nations in the Mekong River subregion—Myanmar, Thailand, Vietnam, Cambodia and Laos—under a new blueprint, the Tokyo Strategy 2018 for Mekong-Japan Cooperation, which will be effective from 2019 to 2021. Japan and China are competing for influence in Southeast […]

Construction sites struggle as skilled workers head overseas

Daw Hay Mar, a trader, can only shake her head when talking about the high expenses she incurred in constructing a storage building and workers quarters because of poor workmanship. She said her nightmare started when she hired a group of construction workers in her neighbourhood for the job. Daw Hay Mar said the building […]

Villagers Support Dawei SEZ Resumption but Demand Fairness

YANGON—Villagers residing on the site of the initial phase of the Dawei Special Economic Zone (SEZ) in Tanintharyi Division cautiously welcomed a recent agreement by Thailand and Myanmar to resume the project’s initial phase and upgrade a highway leading to the location, saying their homes are almost entirely lacking in basic services. Early this month, […]

More Singapore firms planning to invest in Myanmar in next two years

Singapore companies have big plans to expand in ASEAN over the next two years and Myanmar, with its growth potential and overall investment climate, is on the cards for many, according to a recent survey by the Singapore Business Federation (SBF). The survey, conducted from December 2017 to March 2018, collected views from 1036 Singapore […]

Minbu solar power project commences in time for summer 2019

A 170MW solar power plant in Minbu Township, Magwe Region, will start producing electricity in time for summer next year, said U Lin Naing Oo, business development department general manager of GEP (Myanmar) Co Ltd. The Thailand-based company is investing US$297 million in the solar project, which is Myanmar’s first. Electricity generated from the plant […]

12 applications for first phase of Yangon highway project

The Ministry of Construction says it has received 12 prequalification applications for the Yangon Elevated Expressway Project (YEX) Phase 1. The deadline for submissions of prequalification applications was November 13, and the ministry has announced the companies or consortiums that submitted applications for the project. The companies/ consortiums are VINCI Highways from France, Team Korea […]

New dawn for remote Andaman Sea island tourism

Few have heard of the Mergui Archipelago, and even fewer have managed to visit the 400km string of scattered islands in the Bay of Bengal’s Andaman Sea. Most of the 800 offshore islands are uninhabited, apart from a few seasonal settlements of the seafaring nomadic Moken, and some Burmese fishing villages The jungle-clad limestone and […]

Gas pipeline at Zawtika to be replaced

The replacement of a gas pipeline at the Zawtika project, offshore of Myanmar, will be conducted to reliably supply gas to Myanmar, said Mr. Piya Sukhumpanumet, general manager of PTTEP Myanmar Asset. Mr Piya was speaking to journalists during a media tour to Zawtika, located in block M-9 of the Moattama Gulf, Tanintharyi Region on […]

Myanmar still weak in enforcing contracts, protecting minority investors

Myanmar has done undertaken two reforms to improve access to power supply and the ease of starting a local business, according to the latest report from the World Bank. However, pace of reform on most regulations affecting the private sector remain stagnant. In the newly-released World Bank’s 2019 Doing Business rankings, Myanmar ranks 171th out […]

Burmese days: Yangon monuments to the rare Chinese who made their fortunes in colonial era

Lim Chin Tsong was one of the few Chinese migrants to succeed in colonial-era Burma, now Myanmar – which the British incorporated into its much bigger possession, India, and where Chinese were subordinate to Indians, in contrast to their status in other Southeast Asian cities. “Unlike the Chinese in Thailand, Malaysia, Indonesia and the Philippines, […]