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YSH’s real estate head upbeat on their Yangon landmark project

Cyrus Pun, Executive Director of Yoma Strategic Holdings Ltd, says the Yoma Central is considered one of the largest foreign direct investments in Myanmar’s real estate sector with an investment of more than US$700 million. In a recent interview with Mizzima, Mr Cyrus Pun said the landmark project is important for the real estate sector […]

China’s latest Myanmar megaproject courts controversy

Nearly two years ago, Myanmar chose a Chinese consortium led by the state-run Citic to develop a $10 billion port and industrial park that could turn into the country’s largest foreign investment. With Beijing pledging to create 100,000 jobs and transform a poor region, the Kyaukpyu port plan potentially represents a huge win for Myanmar. […]

Garment Exports Double Spurred by Rising Orders From Europe

​​ Myanmar garment exports have doubled in 2016 compared to export values of the previous year, according to the Ministry of Commerce. Rising orders from European countries have caused the surge in garment exports, said U Win Myint, Director of Ministry of Commerce. As of December 15th, garment exports reached $1.05 billion, up from $460 […]

Asean awaits – nervously – a new Myanmar

After a successful election early last month, which handed down a landslide victory to Daw Aung San Suu Kyi’s National League of Democracy, there is a growing sense of anxiety within Asean about what kind of a new Myanmar is emerging. Asean leaders understand too well the grouping’s most famous nemesis, Suu Kyi, is going […]

A New Era for China-Myanmar Relations?

With the National League for Democracy’s (NLD) landslide victory in the general elections in November, China expects a new page in Myanmar’s domestic politics and foreign policy under the new government to be inaugurated at the end of March 2016. The NLD’s yet-to-be-clarified policy direction has led to a major sense of uncertainty in the […]