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Railway reforms in Myanmar pick up steam

Since traffic congestion in Yangon has worsened due to the rise in internal migration, Myanmar has plans to speed up its railway sector reforms from this year onwards, according to a government official. Ba Myint, senior general manager and project director at Myanma Railways, said state-owned trains carried more than 47 million passengers last year, […]

Myanmar tackles food safety in bid to boost agricultural exports

MYANMAR plans to improve food safety in a bid to boost agricultural exports and extract more value from a sector that accounts for 38 per cent of the country’s gross domestic product. Ye Tint Tun, director general of the Department of Agriculture, said exports of agricultural products made up 23 per cent of Myanmar’s export […]

Thai Banking Giant Backs Scheme to Help Small Businesses in Mon and Thanintharyi

One of Thailand’s largest banks has teamed up with Myanmar for a scheme aimed at helping small businesses in Mon state and Thanintharyi in the southeast. The scheme, backed by Kasikornbank, will offer training programmes and financial assistance for entrepreneurs and mom-and-pop businesses in the region’s staple industries, which include rubber, fishing and fruit. After […]

Opportunities and challenges as Colliers opens office in Myanmar

Colliers International becomes the first international real estate services company to open an office in Myanmar. “We see huge potential in the country, with many of our clients seeking new opportunities in what is arguably the last major frontier market in the region,” CEO Piers Brunner said yesterday. “It is important for us to have […]