As industry opens up, Capstone Education finds niche in Myanmar market

Ko Thaw Zin Aung Gyi and Ko Aung Tun Lin, the founding partners of Capstone Education, a local education consultancy, saw the need to invest in Myanmar education long before authorities finally permitted full foreign capital investments in the industry on April 20. Locally schooled but having qualified to study abroad at Ivy League universities, […]

International partnerships drive transparency among Myanmar companies

Good corporate governance is what attracts investors, such as International Financial Corporation (IFC), for companies, according to the findings revealed by the latest transparency report. The report also points to the very poor disclosure record and absence of corporate governance by companies which are registered at Directorate of Investment and Company Administration (DICA) as “public” […]

MBA focus: China Dominates The Rise of Asian Business Schools

Are you thinking of taking an MBA programme? Since the FT’s complete Global MBA ranking 2018 was published this week, The Myanmar Times compiled the relevant analysis for our readers. Stanford snatched the top spot while Insead claimed second place, followed by University of Pennsylvania, Wharton and London Business School. The top 10 schools are listed below: 1   […]

Chainsaws Imperil an Old-Growth Mangrove Stronghold in Southern Myanmar

TANINTHARYI, Myanmar — When viewed from the bow of a boat, the shoreline near the city of Myeik in southern Myanmar is all green. In every direction, low-slung mangroves blanket the horizon, their trunks submerged under several feet of water at high tide. The trees anchor a sprawling landscape that supports village life and a […]

Businesses Are Still Investing Billions in Refugee Crisis-Hit Myanmar

As the U.S. and Europe grow increasingly outraged over the Rohingya refugee crisis in Myanmar, Asian businesses are continuing to invest. Bangkok-based construction company TTCL Pcl is one of the latest examples, targeting the first half of next year to complete a funding plan and shareholder structure for a planned $3 billion coal-fired power plant in Kayin state bordering Thailand. […]

Mandalay taps British expertise for higher education

MANDALAY, Myanmar’s second largest city, is expected to become the country’s northern economic hub over the next two years. Yet, skills and talent in the city still lags behind Yangon and many cities in ASEAN. The brain drain and skills shortage are dragging its economic growth. But Ko Ye Tun Min, founder of the Mandalay […]

Major Dutch timber company found guilty of dealing in illegal teak

Dutch company Boogaerdt Hout has been found guilty of violating the European Union Timber Regulation (EUTR) for placing illegal Burmese teak on the market. The company has two months in which to clear its supply chain of illegal wood. An investigation has revealed a major Dutch timber company placed illegally sourced teak from Myanmar on […]

Property taxes worth less than a cup of tea

Bi-annual property taxes paid by many urban residents in Myanmar are merely worth the price of two cups of tea, according to an August study conducted by Yangon-based Renaissance Institute, which is funded by the UK, Australia and Switzerland with support from The Asia Foundation. In Yangon, the amount collected over the same period is […]

Foreign and domestic investments rise during govt’s first fiscal year

In the National League for Democracy (NLD) government’s first fiscal year in power local investors made investments amounting to K1.57 trillion while foreigners made investments worth a total of US$7.44 billion in Myanmar, Deputy Minister of Planning and Finance U Set Aung said at the Pyidaungsu Hluttaw on August 31. DURING the 2016-17 fiscal year, […]

The Replanting of Mangrove Trees Along Myanmar’s Irrawaddy River is Set to Receive a Boost Next month with The Help of Drones Developed by UK firm BioCarbon Engineering.

The drones are ten times faster at planting trees than humans are, and due to this efficiency, can cut costs in half. The aim is to restore degraded mangroves, which, due to excessive wood cutting for fuel, agricultural expansion and the construction of fish and shrimp ponds, are disappearing three times faster than rainforests. Only 16 per cent […]