ASEAN’s largest packaging firm to start Thilawa operations next year

Kian Joo Group, the largest packaging business in ASEAN, is investing in a packaging plant in the Thilawa Special Economic Zone (SEZ). Construction of the plant is expected to be complete by the first quarter of next year. Malaysia-based Kian Joo is one of the biggest can manufacturers within ASEAN, manufacturing a wide range of […]

TOA to establish three more overseas plants in Asean leadership drive

TOA Paint (Thailand) plans to set up three additional production plants overseas – in Indonesia, Myanmar and Cambodia – as it aims to become the leading player in Asean paint and coatings markets. The factories in Indonesia and in Myanmar are already under construction, while the Cambodian plant is at the project-feasibility phase, chief executive […]

Counterfeit goods and illegal trade deters investors, draws focus on lack of IP laws

Counterfeit goods and illegal trade are among the biggest issues for businesses looking to expand in Myanmar, foreign investors and local businessmen told The Myanmar Times. Even though Myanmar has prioritised economic development and identified the sectors it wishes to promote, the counterfeit goods markets and illegal trading activities could undermine the government’s efforts to […]

Metro Cash & Carry enters Myanmar, centres Thilawa

Metro Cash & Carry, an international specialist in wholesale and food retail with a presence in 25 countries, recently entered Myanmar by kicking off construction of its warehouse in Thilawa special economic zone earlier this month. Tiparayat Kaewsringarm, deputy CEO of Metro Wholesale Myanmar, the company’s Myanmar subsidiary, said in an interview that the firm […]

Metro Cash & Carry builds warehouse in Myanmar

Metro Cash & Carry, an international specialist in wholesale and food retail with a presence in 25 countries, recently entered Myanmar by kicking off construction of its warehouse in Thilawa special economic zone this week. Tiparayat Kaewsringarm, deputy CEO of Metro Wholesale Myanmar, the company’s Myanmar subsidiary, said in an interview that the firm would […]

Nay Pyi Taw needs to ensure investors aren’t misled over Rakhine crisis

Interview with Felix Chung, honorary chair of the Hong Kong Myanmar Manufacturers’ Association THE responsibility lies squarely with Nay Pyi Taw to ensure that foreign investors are not misled over the Rakhine crisis, according to a manufacturer association. The Myanmar Times sat down with Felix Chung, honorary chair of the Hong Kong Myanmar Manufacturers’ Association […]

Monitoring system updated for Thilawa SEZ and Yangon River

Myanmar-Japan Thilawa Development Limited (MJTD) set up a weather monitoring system, using Japanese technology, at Thilawa Special Economic Zone and surface water level sensor on the Yangon River, said MJTD. The weather monitoring system provides information on wind speed, wind direction, precipitation, air pressure, temperature and humidity levels as well as water levels in the […]

Myanmar needs help in talent development

Myanmar needs help in developing its local talent base and looks to investors for the boost, business leaders said Monday at the Myanmar Economic Seminar. “We have an abundance of hardworking, young people, but lacks manager-level workers capable of leading the local staff,” said Takayoshi Nakatani, managing director of the local subsidiary of the Japanese […]

Govt Investment Director Confident in Foreign Investment Despite Rakhine Conflict

YANGON — U Aung Naing Oo, director-general of Directorate of Investment and Company Administration under the Ministry of National Planning and Finance, talked to The Irrawaddy reporter Shwe Lay about foreign investment in Myanmar and the government’s plan to promote it. How much investment has Myanmar had over the past year? Which countries are the […]

Myanmar casts its net for a global terminal operator as port expands

Myanmar’s largest container port is in the process of bringing on a global terminal operator as majority shareholder. One of four inner-city terminals on Yangon River, Myanmar Industrial Port (MIP) handles 400,000 teu a year – about 40% of the country’s container throughput. According to chief financial officer Chris O’Connor, MIP is reviewing bids from […]