Corporate Japan urges Myanmar to address business concerns

The most senior Japanese business leader in Myanmar urged the government to recognise how liberalisation, efficient bureaucracy and reliable power supply allowed Thilawa Special Economic Zone (SEZ) to attract considerable investments. He also warned that current restrictions placed on foreign firms in the retail and wholesale sector are already “the maximum” but commended the ministry’s […]

The man behind the success of Singapore Festival 2018

In a bid to reach out and enable more Yangonites and visitors to enjoy the festivities, the Singapore Tourism Board (STB) transformed the third edition of the festival from a mall-based format to an outdoor street event this year. Although the festival was organised by STB in collaboration with local non-government group Doh Eain and […]

Myanma Timber Enterprise Tender. Auction Date 13,14 and 17 Dec 2018

Myanma Timber Enterprise will sell teak & hardwood round logs and sawn timbers by open tenders in us dollars particulars of the open tender sales are as follows: (a) DATE & TIME (13-12-2018) (09:00)AM Ex-Site Hardwood Logs Only (14-12-2018) (09:00)AM Yangon & Ex-Site Teak/Hardwood (log and conversion) (17-12-2018) (12:00) noon Yangon Teak Log Only (b) […]

Yellow buses from China brighten Yangon’s rush-hour mood

YANGON — One-thousand yellow buses from China are bringing a bit of order to Yangon’s notorious rush-hour traffic — and becoming local symbols of convenience and modernization. As the sun sets in Myanmar’s biggest city and former capital, the streets are packed with taxis and private vehicles, horns blaring. Drivers switch lanes, looking for any […]

Fountainhead of the new generation of Myanmar films

On one sunny day in October, a group of over 50 people were having a lively debate about abortion at the Film Development Centre (FDC) in Yangon. They were discussing the gripping characters and the ordeal of illegal abortion process they went through in Romanian director Cristian Mungiu’s multi-award-winning film 4 Months, 3 Weeks and […]

Online shopping picks up momentum in Myanmar

Shop.com.mm, the Myanmar arm of China’s largest e-commerce company Alibaba Group, generated sales of over US$90,000 (K143 million)in the first hour of its first-ever Singles Day online sale on November 11. The occasion, also known as 11.11, is the biggest shopping event in China. Shop which is the largest online shopping platform in Myanmar, received […]

Sichuan Airlines arrives in Yangon

Sichaun Airlines launched its first flight to Yangon (RGN) on 13 November, the day in which it started services from Xi’an (XIY). The 2,317-kilometre connection will be flown three times weekly using A320s, with the route facing no direct competition. Jose Angeja, COO, Yangon Airport said: “Sichuan Airlines connects Yangon, the commercial capital of Myanmar, […]

Yangon CM says region economy run by over 30,000 MSME businessmen

Yangon Region Chief Minister Phyo Min Thein said that there were over 30,000 businesses of Micro, Small, Medium Enterprises (MSMEs) registered as business entities in the Yangon Region and they run the region’s economy. “We compiled the list of these businesses by using digital technology. Over 30,000 businesses are registered in the region and our […]

Colliers Property Report – Yangon Service Apartment Q3 2018

SUMMARY & RECOMMENDATIONS Since Q4 2017, no new projects were introduced. During the past four quarters, Yangon only witnessed renovation and expansion initiatives from the already existing developments. In turn, as at the end of Q3 2018, the citywide occupancy rate managed to rise above 84%. Conversely, rental rates across all unit categories have marginally […]

New dawn for remote Andaman Sea island tourism

Few have heard of the Mergui Archipelago, and even fewer have managed to visit the 400km string of scattered islands in the Bay of Bengal’s Andaman Sea. Most of the 800 offshore islands are uninhabited, apart from a few seasonal settlements of the seafaring nomadic Moken, and some Burmese fishing villages The jungle-clad limestone and […]