National Mining Policy Needs Total ‘Rethink,’ Report Finds

CHIANG MAI, Thailand — Myanmar needs a new mineral resources policy and fresh laws developed through a transparent and consultative process if the mining sector is ever to be sustainable, the Myanmar Center for Responsible Business (MCRB) said at the launch of a sector-wide impact assessment (SWIA) report on March 8. The fourth SWIA based […]

Myanmar better off in good graces with the West

Two developments stood out in Myanmar’s international relations landscape in 2017: The increasing Chinese influence in the country and the immense diplomatic pressure from international community on the government’s handling of the Rakhine crisis. Analysts cautioned Myanmar against overdependence on China for its development and urged the country to mend ties with the West to […]

The role of AustCham Myanmar in the Myanmar economy

Australia is proving an important and growing trading and investment partner for Myanmar. The bilateral trade between Australia and Myanmar reached US$144 million in 2016, according to Myanmar’s Ministry of Commerce. Ms. Jodi Weedon is CEO of the AustCham Myanmar (Australia-Myanmar Chamber of Commerce), which was set up in March 2013. In a recent interview […]

Children’s rights bill inconsistent over child labour regulations

Sections within the draft law are inconsistent over the minimum working age, and child employment in many sectors remains unregulated A children’s rights draft law introduced to Pyidaungsu Hluttaw on July 7 fails to address inconsistencies between existing domestic laws regarding child employment and the legal minimum working age. The bill does not tackle grey […]

Japanese Businesses Express no Interest in Dawei or Kyaukphyu SEZ

Interview with Katsuji Nakagawa from the Japan Chamber of Commerce and Industry in Myanmar Japanese businesses have not indicated any interest in Dawei SEZ or Kyaukphyu SEZ, and see the lack of reliable power supply as the biggest challenge in Myanmar, the chair of the Japanese Chamber said. Katsuji Nakagawa, chair of Japan Chamber of […]

Transparency, Ongoing Disclosure Crucial for Stakeholder and Investor Confidence

Transparency and disclosure practices are crucial for businesses seeking to build trust with stakeholders, attract investors and ensure accurate media reporting, experts in a corporate governance forum have said. The International Finance Corporation (IFC), a member of the World Bank Group, and the Securities and Exchange Commission of Myanmar (SECM) organised a forum at the Yangon […]

China’s $10 billion strategic project in Myanmar sparks local ire

KYAUK PYU: Days before the first supertanker carrying 140,000 tonnes of Chinese-bound crude oil arrived in Myanmar’s Kyauk Pyu port, local officials confiscated Nyein Aye’s fishing nets. The 36-year-old fisherman was among hundreds banned from fishing a stretch of water near the entry point for a pipeline that pumps oil 770 km (480 miles) across […]

Myanmar’s toxic legacy of large dams

The country’s first strategic environmental review provides a chance to demand more from investors and dam builders, but is still being seen as too little, and leading to fierce resistance by marginalised communities. In September spectacular drone footage revealed the beauty of the waterfalls, rapids, ancient temples and islets of the Nam Pang River, a […]

Business Chiefs Hail ‘Final Frontier’

​​ ​​ Will Myanmar be able to cope with the fast-paced dynamic landscape of the world’s economic climate as it records the fastest GDP growth in Asia? Is the government doing enough? Is Myanmar equipped to handle the torrent of foreign interests waiting to pour into Myanmar? These were some of the questions business leaders […]

Good Governance and Anti-Corruption Panel Discussion – British Chamber on 22 Feb 2017

This is a must attend free seminar for anyone that is serious about doing business in Myanmar in an ethical manner. There will be a networking session whereby you can meet and talk with the distinguished speakers like U Than Aung Kyaw (Deputy Director of Directorate of Investment and Company Administration). Vicky Bowman (Director of […]