Could Myanmar Get Its Foot in the Door When it Comes to Gambling Legalization?

The gambling industry is in a constant state of development and progress and this could be easily seen when the focus is on the developing markets. One such example of a country attempting to make a move and explore the vast opportunities provided by the gambling industry is Myanmar. Also known as the Republic of […]

After winter gas crunch, China pumps for underground storage

CHONGQING, China (Reuters) – On one of the many mountains in southwest China’s sprawling region of Chongqing, a dozen wells in an exhausted gas field are this week starting to take in fresh fuel piped in from Central Asia’s Turkmenistan, thousands of miles away. For the next six months, state energy giant PetroChina, operator of […]

Yangon mulls construction of sea port at river

Plans to build an international sea port at the mouth of the Yangon River, which will be strategic for Myanmar and its neighbours, are underway, Yangon Chief Minister U Phyo Min Thein said yesterday at the meeting with Vice President held at Republic of Myanmar Federation of Chamber of Commerce and Industries (UMFCCI). “Singapore has […]

Total targets final decisions on Myanmar, Ivory Coast LNG projects this year

SINGAPORE, Feb 28 (Reuters) – France’s Total expects to take a final investment decision (FID) on liquefied natural gas (LNG) import projects in Myanmar and Ivory Coast this year as part of the oil major’s expansion into emerging markets, an executive said on Wednesday. Jean-Pierre Mateille, vice president of trading at Total Gas & Power […]

Myanmar’s mobile money services poised for expansion

THE rapid increase in the ranks of smartphone users in Myanmar is providing opportunities for the marketing of mobile money services in the country, a forum has heard. Stephen Swan, head of product and digital at Wave Money Myanmar, which provides the nation’s leading mobile wallet, said mobile penetration rates in Myanmar had exceeded all […]

American chamber gets ready for business

The American Chamber of Commerce in Myanmar no longer operates under the auspices of its Thai counterpart and has now scaled up its permanent team in Yangon. AmCham Myanmar, established in October 2013, has more than 170 members, which employ over 6,000 Myanmar nationals in total. It seeks to connect American business in Myanmar by […]

Yangon’s Port Under Study for Expansion

Feasibility studies have been conducted for extending Yangon jetty to the mouth of the sea to be able to dock large ships, said Yangon’s Chief Minister at a November 12 ceremony during a regular meeting of businessmen and women with Vice President (1) Myint Swe held at the UMFCCI. “These ports were built in the […]

Myanmar to learn from Malaysia on ease of doing business

In order to raise its rank on the World Bank’s ease of doing business index, a Myanmar delegation recently visited Malaysia, which is much higher on the index, to study the situation there. Their findings will be reported to the ministries and Vice President, said U Aung Soe, director of the Myanmar Trade Promotion Team. […]

First Hilton Graduates in Myanmar to Enter Workforce

Twenty-eight graduates of the Hilton Vocational Training Center have officially entered the workforce in Myanmar after having completed two years of diploma study in hospitality management. The graduates are now fulltime employees at Hilton properties in Myanmar. Established in Nay Pyi Taw in September 2015, the Hilton Vocational Training Center was launched by Hilton and […]

Hilton enjoys double digit growth in Myanmar since entry

HILTON WORLDWIDE has enjoyed double digit growth every year since it entered Myanmar three years ago, and expects stronger growth as it expands further, according to a senior executive. William Costley, vice president of operations for Southeast Asia and India, said in an exclusive interview the hospitality firm is doing really well in Myanmar in […]